Concepta Results – truly dire but that is the rear view mirror: STRONG BUY
Concepta (CPT) has announced its calendar 2018 results which are truly ghastly. But that is all rear view mirror stuff and so at 3.7p the shares are, we suggest, a gamble but a BUY.
- By HotStockRockets |
- 18 May 2019, 12:46 |
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I find it hard to see any value in Wey Education at the current price - sell
Wey Education (WEY) suddenly seems to have become very popular and the share price has pretty much doubled in recent weeks, but I’m struggling to see what the attraction is with this company and why people would invest at this level.
- By Gary Newman |
- 18 May 2019, 11:57 |
Table of shorted AIM shares - week to 17/05/2019
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2018 and thus far in 2019 (by net short position %, those in bold not on the list at the start of 2019) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
- By Steve Moore |
- 18 May 2019, 11:15 |
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Avesoro Resources is a speculative buy at the current share price
Avesoro Resources (ASO) is a good example of what can happen to a share where there is a forced seller and generally low liquidity in the trading of the shares.
- By Gary Newman |
- 18 May 2019, 11:14 |
As a New Tory Leader Will Bring Us Nearer to No Deal, Here's What We Might Do About it.
Hello, Share Puddlers. It’s very possible that the next leader of the Tory party will be a tougher negotiator than Mrs May. This would be more likely to end in a no-deal Brexit. So how will this affect the companies we share shifters invest in? Here are some precautions you might take.
- By Malcolm "Project Fear" Stacey |
- 18 May 2019, 11:09 |
Columbus Energy Resources – further step towards potentially transformative drilling, still a buy
Columbus Energy Resources (CERP) “is pleased to announce that it has been granted a Private Petroleum Licence for the Bonasse Licence Area in the South West Peninsula of Trinidad”, with Executive Chairman Leo Koot adding “without it, we would not have been able to drill the upcoming well… I am confident that even a modest discovery in the SWP has the potential to transform the company”...
- By HotStockRockets |
- 17 May 2019, 16:00 |
Veltyco – “able to continue to meet its liabilities as they fall due”… Or Not?
Previously writing on gaming industry online marketing company Veltyco (VLTY), last month I questioned directors provide bailout loans… but what about after more than a few more months?. Now a “Trading Update”…
- By Steve Moore |
- 17 May 2019, 15:25 |
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Tom Winnifrith Bearcast: Advice for Andrew Monk on how to be a spiv
I start with a comment on the amazing generosity of one person donating more than £11,000 to Rogue Bloggers for Woodlarks yesterday. It was not Neil Woodford though I did ask. Anyhow: to the 75% of you yet to donate think of me this weekend on a) my last training walk ahead of 33 miles next weekend and b) entertaining a visiting mother in law. As you think of my weekend, please donate HERE. In the podcast I discuss Woodford's latest bad news, Maistro (MAIS), Blur as was, UK Oil & Gas (UKOG) and Staffline (STAF). I also offer advice to Andrew Monk on which 1 AIM stock he should buy today for his mother's IHT Portfolio.
- By Tom Winnifrith |
- 17 May 2019, 15:25 |
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Woodford – buys 2 more falling knives (AGAIN) as EIF crashes through £4 billion. Good job he’s not a forced seller!
Let it never be said that Neil Woodford is a forced seller of anything, for yesterday we learnt that once again he has topped up with yet more shares in Kier Group (KIE) and a few more Redde (REDD). Except that as at yesterday’s close, his Equity Income Fund had dropped through the £4 billion mark, according to Morning Star. Only at the end of March the fund was worth £4.4 billion. I wonder what he has been selling…..completely voluntarily, natch.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 17 May 2019, 13:08 |
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Staffline – “Trading Update” dire… but worse to come? (what about the debt?!)
Previously writing on recruitment and training group Staffline (STAF), in March I concluded announced contract wins likely useful further business – though not sufficient to alter a view that some clean delivery with strong net cash generation is now required here (and that before even considering any Brexit-related future uncertainties). Today a “Trading Update” commencing, “The ongoing Brexit uncertainty is impacting the UK labour market”. Uh oh…
- By Steve Moore |
- 17 May 2019, 12:40 |
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From 82p to 0.4p in seven years …its all a bit of a Blur as Maistro prepares for AIM Casino exit
Retained losses are £27 million and counting, the shares have collapsed from 82p at IPO to just 0.4p, Blur (BLUR), now rebranded as Maistro (MAIS), has been a disaster for investors but at least its founder Phil Letts and his ghastly wife who was also on a fat salary have been able to buy and upgrade a Country mansion, as we noted HERE. Today as it issued another lack of profits warning and warned of another cash crisis, Maistro says it is going to delist from the AIM Cesspit.
- By Tom Winnifrith, The Sheriff of AIM |
- 17 May 2019, 10:59 |
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easyJet: 'Desire for leisure travel continues to be important'
easyJet (EZJ) shares have been under the cosh in recent weeks due to the rum mixture of consumer spending being under pressure and the inevitable Brexit uncertainty. I know the latter is a bit of a 'go to' for many corporate names, but for a company such as easyJet it actually matters if any new impediments occur to travel or restrictions on ownership. The latter has been a real hassle for the company because of a need to show majority control by European Union-centric investors in order to keep maximum corporate flexibility...
- By Chris Bailey |
- 17 May 2019, 10:37 |
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Norwegian E24 goes after former Origo boss, Chris Rynning – parts 4 & 5: conflicts of interest?
We have a double edition today of further articles released by Norwegian E24 as it continues to dissect the activities of Chris Rynning, the former boss of ShareProphets AIM-China Flithy Forty play Origo Partners (OPP). First up we have part 4, which looks further into his role as an adviser to Investinor (Norwegian state-owned) which seems to unearth a massive conflict of interests. Then we move on to Rynning’s lawyer who offered a reply...
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 17 May 2019, 09:27 |
Bonmarche – majority shareholder offeror to “take a step back”… but will a return to profitability be delivered?
Majority shareholder and offeror for women's clothing and accessories retailer Bonmarche (BON), Edinburgh Woollen Mill Group owner Philip Day’s Spectre Holdings, has updated that it “will now take a step back and see if the Bonmarché board can deliver on the plans and strategy it has set out”. Hmmm…
- By Steve Moore |
- 17 May 2019, 09:15 |
FirstGroup's Share Price has Travelled Up, but There May Be Further to Go
Hello Share Takers. As a self-styled green investor, though hypocritically not all the time, I tend to favour public transport providers. FirstGroup (FGP) buses are a familiar sight on our roads and it also operates in the USA and Canada. Those famous Greyhound buses are in its stable...
- By Malcolm Stacey |
- 17 May 2019, 09:12 |
MySale – previously agreed disposal completes… why the further share price decline?
“MySale Group plc (AIM: MYSL), the leading international online retailer, today announces that the transaction to sell the trade and assets of the website cocosa.co.uk… has now been completed… With this disposal complete we can accelerate our 'ANZ First' strategy, which leverages our market position in the region”. What about “leading international online retailer” though? And why, with a deal agreement announced earlier this month and the shares already down from a 226p per share June 2014 AIM IPO and approaching 40p as recently as December, now a further 10% decline to just 11p?...
- By Steve Moore |
- 16 May 2019, 15:25 |
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Tom Winnifrith Bearcast: the Sheriff battles Neil Woodford at WPCT AGM
Today's bearcast is a full report on the AGM of Neil Woodford's Woodford Patient Capital Trust (WPCT) which I'd score as a win for me against the great fund manager and his chairman Susan Searle. I did manage to get Cheryl Cole into the debate and I did ask Neil woodford to donate to rogue bloggers for Woodlarks, as you can do here,, but I also took the board to task on a number of other matters and managed to get Neil pretty riled. Happy days.
- By Tom Winnifrith |
- 16 May 2019, 13:27 |
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Genel Energy has great growth potential
As long as you are prepared to accept a degree of geo-political risk, then I find it very hard not to like Genel Energy (GENL) at the current share price.
- By Gary Newman |
- 16 May 2019, 12:52 |
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Fecking YUseless Chocolate Teapots discontinue investigation
Never mind that a £10 million (or thereabouts) black hole was found in the accounts of AIM-listed Yu Group (YU.) and it raised £11.6 million in a placing last year on the back of dodgy accounts, the chocolate teapots at the FCA have discontinued their investigation, according to the company this morning...
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 16 May 2019, 12:00 |
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Safestyle UK – less than 2 months after “an encouraging start to the year”, AGM Statement…
“UK focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market”, Safestyle UK (SFE) has updated commencing; “Following the progress made during H2 2018 in stabilising the business, phase two of our turnaround plan is now well underway. Our focus for phase two continues to be on recovering volumes and market share, restoring our operational effectiveness, reducing our costs and enhancing our margins. We remain on track to conclude this phase at the end of 2019 and then plan to move into phase three in 2020 which has a primary focus on accelerating our growth”. Sounds decent enough – and the shares have currently responded… er, to below 80p; circa 15% down!…
- By Steve Moore |
- 16 May 2019, 11:45 |