AIM-listed provider of mobile marketing and digital entertainment for mobile network operators and brands, InternetQ (INTQ) has announced “revenue and EBITDA are expected to be in line with market expectations for the six months ended 30 June 2013”, driven by record levels of new business within the mobile marketing division and increased levels of subscriber growth from digital content platform, Akazoo...
AIM listed gold producer in Azerbaijan, Anglo Asian Mining (AAZ) has announced second quarter gold production of 8,912 ounces and that it completed gold sales of 5,505 ounces (at an average of $1,438 per ounce) in the period...
Rick Rule is a legendary fund manager within Eric Sprott’s group – the world’s leading gold and silver experts. He gave this interview the other day in a client call in. It really is great stuff. What he says about management quality in this sector is understatement of the year.
What’s going to happen with gold and silver?
I can reveal exclusively that infamous bear raider Evil Knievil has opened up a short in Cyan Holdings (CYAN) at 0.35p. Knievil’s old adage is “the best time to kick a man is when he is down” and Cyan is certainly down, if not yet out, following its (lack of) profits warning earlier this week.
In a piece last week (see HERE) on AIM-listed satellite operator Avanti Communications (AVN) – in which I own some shares as a speculative investment – I noted that if the company is able to fill capacity on its satellites as planned discounted cash flow valuations suggested a multiple of the prevailing share price but that its trajectory as a still emerging company was unlikely to be smooth from here. This followed some commentary on the company which had strongly focused on the lack of an Interim Management Statement in May as there was one in May 2012 – though the company had since updated that a year-end trading statement would be forthcoming. This has now been published…
I previously commented on AIM-listed, UK-focused, physical document management and office relocation business Restore plc (RST) as it saw its market cap move above £100 million on the back of a May AGM trading update – see HERE. On no news the shares subsequently drifted back from their then 136p to close at 117.5p yesterday, though they are currently up to 121.5p today on the back of a trading update for the six months ended 30th June 2013.
With Sterling heading south (down nearly 10% since January) to a dollar exchange rate of 1.49 (last seen) this is surely the time to be buying a big successful UK company like Diageo (DGE) which as its carefully fashioned name implies, girdles the earth. With plenty of non-sterling earnings, it doesn’t need to do much to increase sterling denominated earnings. It is in short a classic sterling hedge.
All Governments across the globe have an appalling track record when it comes to picking stockmarket losers when it comes to handing out grants and loans. Ask President Obama about Solara? Remember John De Lorean? And with the EU unable to get its own accounts signed off without qualification you would expect that it would be the worst stock picker of the lot. You would expect correctly.
AIM-listed, UK marketing communications and advertising group Mission Marketing (TMMG) has a penchant for the eccentric in terms of word choices in its company announcements – for example, noting in its last results statement “call us quakebuttocks if you will, but our focus will remain on debt management, expertise enhancement and concinnity”, the one before that; “(we) remain, barring undue gallifragging, optimistic for the future and the outturn for this year and beyond” and the one prior to that; “we are predicting an exciting year for the missiontm, if not quite a lollapalooza”. However, today’s eccentricity is unlikely to generate any amusement in shareholders – with the shares currently trading more than 13% lower at 22.75p.
Broker VSA initiated its coverage of dual listed hole in the ground wannabee gold miner Bullabulling Gold (BLG) at 7.15p with a speculative buy stance last October. With the shares at 1.875p the unrepentant broker’s stance is unchanged.
Bear raider Evil Knievil ( Simon Cawkwell) has been short of Avanti Communications (AVN) a good while and after today’s profits warning he says that he remains short, telling me that “Avanti is simply not investment grade material.” Cawkwell says that Avanti may turn the corner but equally it could disappear altogether. He says that he has no intention of closing his short.
One of the great truths of investing is that just when you think you know what’s going to happen the complete reverse happens. I was fully expecting Hess Australia to elect to commit to drilling the 5 wells required to earn their interest in the Beetaloo permits by the agreed deadline of 28th June last month. So I was as surprised as every one else that the deal never went through. Falcon oil & Gas (FOG)had previously granted Hess an extension from August 2012 to June 2013.
After dropping 23 percent in Q2, the U.S. Comex gold futures have rebounded 1.81 percent so far in July. The Dollar Index is marching towards the 85 handle, after falling 0.29 percent last month. The S&P 500 index suffered its first monthly loss since October 2012 in June, but has rebounded 2.87 percent in July.
Ferrexpo (FXPO) was the star of the FTSE 350 yesterday announcing an 11.4% YOY increase for Q1 in iron ore pellet production helped by the start of output from its FYM operation. It is now ramping up rapidly so that it can produce 859,000 tonnes of Iron ore pellets. Are the shares still a buying having jumped to 155p?
I ask you to cast your mind back to November 2012. The 15th to be exact. It was when AIM listed Sefton Resources (SER) announced the acquisition of new oil operating assets in Kansas. It was all terribly exciting stuff.
This article by two employees of Eric Sprott, the guru of gold and ( especially) silver stocks has just appeared and is fascinating, if a tad conspiratorial in tone. It reads…
Silver’s year-to-date performance has been the worst among all commodities, falling 35% from January to June 30th this year. It’s been a rough ride for those who have held on, but recent news should give silver investors a reason for some renewed optimism.
Do not get me wrong – I like Ariana (AAU) and think that the stock is cheap at 1p but the latest research from paid for researcher Edison is, er….complete crap.
Centamin (CEY), the gold miner operating in the delightful peaceful paradise on earth that is Egypt has today announced Q2 production numbers. As a bear of this stock since last summer when Egypt headed down the Islamofascist route it would be churlish of me not to admit that the numbers are not excellent. They are superb. But with respect that is not the point.
Fox Davies has today adjusted its metals price and currency forecasts. In most cases the broker has slashed its forecasts but for copper there is a small upwards revision and this – plus changes to its Euro forecasts (down) is good news for Spain based wannabee copper miner EMED.
AIM-listed specialist recruitment group Hydrogen (HYDG) has updated of “continuing uncertainty in recruitment markets”. The company reported 2012 revenue of £167 million and its update suggests investors with an interest in the sector may be well served reviewing how well the companies they are invested in are positioned for the operating environment Hydrogen reports...
Following complaints from shamed share ramper Roger Lawson, ADVFN has insisted on a raft of new editorial controls on OneFreeShareTip.com. I did not re-start my life five years ago to be told what I could or could not write. I said no and ADVFN boss Clem Chambers has just said that the website will be shut down. So...our hand is forced ... Welcome to fivefreesharetips.com - we hope you join NOW HERE.
The August edition of the UK Investor Show Magazine is live featuring six share tips, the one gold share that all must own, and six reasons why the stock market may crash in 2017 and much more.
Earlier this month in Neil Woodford - how long before The Deadwood Press admits that he does not walk on water?, Tom noted a bad record – recently including Provident Financial (PFG). The Mail on Sunday had written “the FTSE 250 doorstep lender whose profits halved after it struggled to move to a new operating model” - the struggles have got considerably worse…
Showing not an ounce of humility, the fund manager who seems to have at least three high profile disasters as week, Neil Woodford has posted a comment on his group's blog explaining why Provident Financial (PFG) shares are cheap after yesterday's disastrous warning. But before you rush out to buy it is worth noting that after the last warning (in June) Nomates Neil posted another blog. Nomates had chatted at length to management, he understood the score, the market was wrong and Nomnates had bought a stack more shares. There seems to be a pattern here.
When Neil Woodford launched his Patient Capital Trust (WCPT) to much fanfare in 2015, everyone waited expectantly to see how he would start spending the £800 million war chest and so one had high hopes in April 2015 with the announcement of the first investment for the fund, namely a £4 million investment in an exciting quoted biotech play, Sphere Medial Holdings (SPHR). As an announcement last night showed, it has been as successful (or not) as one of his other uber-dogs RM2 International (RM2).
Once again I return to the subject of the company on AIM with the stupidest bunch of shareholders. The auditors of Bushveld Minerals (BMN) have stated explicitly that the company needs to raise fresh equity to avoid going tits up but shareholders respond by saying "how often have auditors got it wrong?" and a range of other excuses. They just do not get it at all, it is placing ahoy. Now the company has news today which the morons who own this stock seem to think is good. Ina private email this morning a top City broker put it thus:
On Monday 13th February, Tom Winnifrith noted a crazy market for resource juniors and that, as an experiment, we'd track a 'Dirty Dozen' of such stocks after 1 week, 1 month, 3 months, 6 months and on December 31. Here is a slightly late (so slightly longer than) 6 month update...
This week's Bulletin Board Moron contest is sponsored by the AIM Markets, the world's most successful growth market, now only slightly smaller than it was last year.
Optibiotix (OPTI) has announced that it has extended the Europe wide supply agreement announced with Sacco in March to cover the USA and Rest of the World. The new deal grants Sacco an exclusive licence to manufacture and supply OptiBiotix's cholesterol and blood pressure reducing LPLDL® strain in the US and ROW, in return for 50% of the profit, with a guaranteed cost of manufacture and minimum sales price per kilogramme to secure against discounting.
Hello, Share Mixers. As you may have gathered, I favour investment in all four big British banks at the mo. My main reason is that each time one of them announces new figures, its balance sheet seems to have improved nicely and the share price usually shoots up.
We asked you for suitable captions for the picture below of the leather man who took over from the cowboy as CEO of the Telit (TCM) village people. I refer, of course, to insider dealer Yosi Fait. You offered numerous suggestions as you can see HERE but there can be only one winner and it is
I wrote at the weekend about the surprising lack of TR-1’s at Red Leopard Holdings (RLH), particularly from the largest shareholder Spreadex, with the company having gone into suspension pending an RTO. Well, as if by magic, they arrived yesterday, after hours of course.
Ok this really is easy. All you need to do is to say which of the four well regarded and utterly honest individuals below is the odd one out and why. Do your worst. The deadline is midnight tonight (Wednesday)
Hello, Share Smugglers. The main staples of your portfolio, I should imagine, are in these popular sectors; oil, banks, pharmaceuticals, utilities and insurance. I could be wrong, but history shows that people who invested in these areas years ago still hold the stock.
It was around a year ago that I wrote an article about one of my then tips of the year BHP Billiton (BLT) observing that the world's largest mining company had just made billions of dollars of losses...but correctly the share price was going up. Billiton was a nice solid pick for 2016 but so far this year the share has been more volatile than remunerative.
Too many years ago to remember as a fledgling analyst and junior portfolio manager, I was told by an old hand that 'WPP is the company with the greatest correlation to the FTSE-100'. I have no idea - nor the boring Excel skills - to say whether this is true but the notion that the world's largest advertising company should broadly share the same ups and downs as the very international main UK market index makes quite a bit of sense.
Wishbone Gold (WSBN) has announced an £800,000 fund raise at 0.7p. Well we wish it was that simple. The mechanism is really very complicated but involves Yorkville so we imagine that there are people out there saying Death Spiral. They are wrong.
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