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Watches of Switzerland – I don't own a fancy watch...or shares in a retailer of them
I am trying to remember if the watch I wear cost me below or above £100 when I bought it a few years ago. At worst it was just into the triple digit zone but the basic point is that I do not wear an expensive watch. As I have observed before, fortunately for the world's retailers there are plenty of people out there with a greater propensity to consume...and on watches specifically this brings us to recent IPO Watches of Switzerland (WOSG)…
- By Chris Bailey |
- 17 July 2019, 11:00 |
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Tom Winnifrith Bearcast: After serving up utterly shite results at Versarien, Neill Ricketts will buy you a pint today at 1PM at Bangers
In today's bearcast I look at Versarien (VRS), Telit (TCM) and Anglo African Oil & Gas (AAOG) . Three dogs.
- By Tom Winnifrith |
- 17 July 2019, 09:57 |
Redemptions Watch: Neil Woodford Income Focus Fund dribbles lower again
This morning’s data from Morningstar shows that the NAV per unit of Neil Woodford’s Income Focus Fund put on a modest 0.05% yesterday. With the total fund having closed previously on £287.8 million that should have lifted the fund to £287.9 million before redemptions hit.
- By Nigel Somerville |
- 17 July 2019, 09:56 |
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OptiBiotix Health – positive scientific and commercial update
An update from OptiBiotix Health (OPTI); “Scientific and commercial update”...
- By Tom Winnifrith & Steve Moore |
- 17 July 2019, 09:30 |
The Black Horse May Be Better than an Outside Bet Despite What 'No Deal' Fearers Might Say
Hello, Share Jumpers. As the PPI claims August cut-off point nears, I can’t shrug off the uneasy feeling that I must be entitled to cashback. However, as I never borrow money and my last mortgage was taken out before the ark sailed, I must push the thought behind me. Nevertheless, PPI leads me to think of my shareholding in Lloyds Bank (LLOY)...
- By Malcolm Stacey |
- 17 July 2019, 09:20 |
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Kier – What on earth is Neil Woodford doing buying more?
At 11.57 this morning fully-listed Kier Group (KIE) issued a TR-1 via RNS. Nothing unusual about that you might think... but it was notifying that Neil Woodford has once again been buying more shares. What??
- By Nigel Somerville |
- 16 July 2019, 16:50 |
Veltyco – intra-day “Update re trading and financial position”. Uh oh…
Previously writing on online marketing company for the gaming industry Veltyco (VLTY), at the end of May I concluded with the shares at 3.75p I bet “the directors continue to explore appropriate sources of capital”! Though with the shares around these levels, it’s still, on a meaningful here scale, good luck with that!. Natch, still currently a sell / bargepole. Now an “Update re trading and financial position” intra-day (12:12pm). Uh oh…
- By Steve Moore |
- 16 July 2019, 16:25 |
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TRIUMPH: Financial Reporting Council says Tom Winnifrith complaint saw £800m First Derivatives have to alter its accounting policies
To those who say that ShareProphets is a joke site run by a fool or a knave, stick this letter below from the Financial Reporting Council where the sun don't shine. Yet again the FRC is marking my homework with A*s. To those cretins on the Bullettin Boards who abuse me daily I ask: when was the last time you got a regulator to force an £800 million market cap company to change its, overly aggressive and misleading, accounting policies? Ouzo time yet again for the Sheriff of AIM.
- By Tom Winnifrith, The Sheriff of AIM |
- 16 July 2019, 15:35 |
CloudCall – “a high degree of confidence that… on-track to meet its future goals”… so why the share price decline?
“CloudCall (AIM: CALL), a leading cloud-based software business that integrates communications technology with Customer Relationship Management platforms, announces the following trading update for the six months ended 30th June 2019”. Hmmm – despite late March-announced results including “it is encouraging to see early indications of the impact those investments will make in the future coming through towards the end of the year… pleased to report a strong start to 2019”, not ‘pleased to announce’?...
- By Steve Moore |
- 16 July 2019, 14:25 |
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Chavtastic! Burberry excites the Chinese and social media
I like to think I have a little bit of knowledge about a wide range of matters but if I ever offer fashion advice on this page, then I really think you should ignore it. Fortunately my share-based love for Burberry (BRBY) has always been centred on those twin mega themes of the internet and China, rather than the new looks being developed by Riccardo Tisci and his team…
- By Chris Bailey |
- 16 July 2019, 12:35 |
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Shenanigans at Conroy Gold and Karelian Diamonds
Two RNSs yesterday from AIM-listed Conroy Gold and Natural Resources (CGNR) and its under-fire little brother, AIM-listed Karelian Diamond Resources (KDR), raised my eyebrows...
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 16 July 2019, 12:33 |
Open Orphan - time to bank a near 300% profit?
We tipped Open Orphan (ORPH) at a 2p offer in January when it was known as Venn Life Sciences. There has been a transformative RTO since and we told you to hang on. Today the shares are 7.9p to sell...
- By HotStockRockets |
- 16 July 2019, 11:42 |
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Tom Winnifrith Bearcast: Oooh err MRS, that was a fecking whitewash
In today's bearcast I look at Anglo African Oil & Gas (AAOG), Management Resource Solutions (MRS), the syphillitic welfare funded client of Cupid (CUP), Albert Technologies (ALB), Optibiotix (OPTI) and Dev Clever (DEV).
- By Tom Winnifrith |
- 16 July 2019, 11:38 |
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Thoughts On Thomas Cook & Kier
I suggested selling Thomas Cook (TCG) back in May at 13p and at 5p today the company is still valued at £75 million. Given Friday’s announcement of the inevitable debt for equity swap, which “is not the outcome any of us wanted for our shareholders”, this is still far too high as will become apparent when the details are released...
- By Lucian Miers |
- 16 July 2019, 11:38 |
Redemptions Watch: Neil Woodford’s Income Focus Fund trickles on down
This morning’s data from Morningstar shows that Neil Woodford's Income Focus Fund dropped 0.29% in NAV per unit on the first trading day of this week.
- By Nigel Somerville |
- 16 July 2019, 09:30 |
You'll Need to Be Brave to Invest in this Gold Explorer - But You Never Know...
Hello, Share Travellers. Though the Footsie is moving up, there’s scant news to keep things bubbling along even faster. As usual, at this time of year, more traders are on hols with their kids and volumes go down. So by way of a change, may I bring to your attention a gold explorer in Australia. Sounds risky - and of course it jolly well is...
- By Malcolm Stacey |
- 16 July 2019, 09:19 |
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Vela Technologies – portfolio updates reinforce clear upside potential
An “Update re. Interbit Ltd” has now followed an “Update re. Vibe Group Holdings Limited” and “Update re. WeShop Limited” from Vela Technologies (VELA)…
- By HotStockRockets |
- 15 July 2019, 16:40 |
Bonmarche – offer acceptances reached mean it’s de-listing ahoy!
Edinburgh Woollen Mill Group owner Philip Day’s Spectre Holdings has updated on Bonmarché (BON) – including of “valid acceptances under the offer, in respect of a total of 46,524,803 Bonmarché shares, representing approximately 93.0 per cent. of the existing issued ordinary share capital of Bonmarché”…
- By Steve Moore |
- 15 July 2019, 16:25 |
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Tom Winnifrith Bearcast: £2m coke & hookers money for the City boys, shareholders lose 80% - another day on the AIM Casino
In today's bearcast I look forward to the new show on Wednesday which will be half recorded by the end of today. I cover Mortice (MORT) a tale of shareholder woe friom the AIM Cesspit, Kier (KIE), Dev Clever (DEV), Anglo African Oil & Gas (SCUM), Premier Technical Services Group (PTSG) and Mobile Streams (MOS), where I study what happens to cashflow when a company is near to death and the red flag gaps in today's trading statement.
- By Tom Winnifrith |
- 15 July 2019, 14:49 |
Mobile Streams – trading update, forget the potential business development opportunities!...
Mobile Streams (MOS) has updated including in Argentina “the board are now looking to renew commercial activities with previous customers” and “in Mexico, actions have been taken in order to re-launch the commercial operation with Telcel, the largest carrier in Mexico”. However…
- By Steve Moore |
- 15 July 2019, 13:40 |