Four times in the past three or four months we have advised our readers to bank big gains on shares we tipped - the one before the one before last was a 77% profit (offer to bid ) in just 12 days. But we are not perfect. Only folks living in council houses but boasting of their million pound investments on Bulletin Boards get it right all the time.
Former ShareSoc chairman Roger Lawson, who has threatened to sue Tom Winnifrith, is the sponsor of this week's Bulletin Board Moron contest. Yes he sponsored last week's contest as well but the disgraced share ramper is such a prize dick and still has a few of the Globo sharesw he promoted so thusiastically to hand out as a prize so Roger is back again.
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.
AIM-listed provider of mobile, Software-as-a-Service and telecom software products and services Globo Plc (GBO) has today announced that it “has achieved a financial performance for 2012 ahead of market expectations” and that, having completed a “transformation into a truly international technology vendor in the hottest place in the technology market today”, it aims to continue doing so. With, on the back of the trading update, the shares currently more than 6% higher at 29.5p, capitalising the company at £100 million is it too late to get on board?
Earlier this week Afren plc (AFR), a FTSE-250 oil and gas exploration and production company which despite its size remains a darling of the Bulletin Boards, updated investors on its performance in 2012 and its outlook. This review helped the shares up to 152.5p although they have subsequently slipped back to 147p which capitalises the company at £1.595 billion. Chartists will note that 152p proved a resistance level ten months ago and failure to breach that level ( which had been support a ten months prior to that) saw the shares fall back to 100p. But I’d rather burn my West Ham season tickets and start supporting Spurs than become a Technical analyst and so I review the fundamental case.
Shares in UK online grocer and FTSE-250 constituent Ocado Group (OCDO) closed more than 6% higher, at 101p, yesterday on the back of news that the high-profile ex-Marks & Spencer boss Sir Stuart Rose is to take a Non-Executive Chairman role at the company. With this following a trading update from the company last week, the following is my take on the current investment proposition here…
Cape (CIU), the FTSE 250 constituent which provides essential, non-mechanical support services to the energy and mineral resources sectors had a pretty dreadful 2012. On 29th March its CEO Martin May stood down with immediate effect. Six months later we had a repeat announcement, this time it was the FD going. In between the company served up a dismal set of interim numbers,
Telecom Plus (TEP), now a FTSE-250 constituent, is a very successful past share recommendation from myself. I recommended the shares at 187.25p in January 2008 on t1ps.com, the site I founded in 2000 and ran until September when I left and set up the Nifty Fifty website. Prematurely, I banked gains at 691p in July 2011. The shares dipped below 600p that August but have since risen again, to currently trade at 975.5p, capitalising the company at more than £687 million. The following details my current view…
AIM-listed international online fashion retailer ASOS (ASC) has published a positive update on December trading – sending the shares up to £26.60, which capitalises it at more than £2.19 billion. The following reviews the trading announcement and current investment proposition from this company that great bear Evil Knievil has consistently shorted and consistently got wrong…
UK pub owner and operator and FTSE-250 constituent JD Wetherspoon (JDW) has today provided an update on current trading ahead of its results for the six months ending 27th January 2013, which are expected to be announced on 15th March. The share price has risen from a little over 370p in May to 518.5p at the close today but I am struggling to see why anyone should get that excited about the state of play.
London and Australia listed Philippines gold producer, Medusa Mining (MML) is a top recommendation from my past. I recommended the shares on t1ps.com, the site I founded in 2000 and left in September 2012 to establish the Nifty Fifty, at 49p in August 2008 and recommended selling at 426.5p in December 2010.
The observation about things being in the price is usually a prelude to the conclusion that a share price is well up with events; more than discounting prospects and one where a profit should be taken. On this occasion, in respect to that dullest of shares, the National Grid, (NG.) it means the opposite. Dull and boring, as my friend and former t1ps colleague Tom Winnifrith often says in relation to shares, is sexy. At my age I have long forgotten what he means by that but I think I get his general point and agree.
It was not a good Autumn for AIM listed Shanta Gold (SHG) but the last two RNS statements from the company demonstrate that it is both soundly financed and that, at last, it is delivering operationally. The shares have always had clear latent value it is just that investors have had a number of (utterly valid) reasons for not believing. But the times they are a changing.
The Christmas trading reports from the retailers do not make for pretty reading. There are some who simply cite consumer confidence (or lack of it) in austerity Britain. But I would suggest that there are far wider structural changes afoot, ones that make me wonder if some companies really have a raison d’etre at all going forward. If it did not exist already would anyone bother to establish Mothercare (MTC)? Somehow I rather doubt it. Certainly when it publishes its Christmas trading statement on Thursday it will be grim.
Medical matters are on my mind as I have the Norovirus. But it takes more than that to stop me writing about companies but naturally my mind turns to drugs. Well I was a young man in the sixties – the 1960s not the 1860s before you ask. Talking of ancient history, the market long ago abandoned the assumption that GlaxoSmithKline (GSK) would automatically build a pathway for shareholders to a starlight future of endless profits and earnings growth, by simply spending 15% of its sales revenue on R&D, and turning that into an approved blockbuster therapy every few years. In truth, costs rose and progress became more difficult – the return on R&D capital was not acceptable.
On January 10th IQE (IQE), the Wales based supplier of advanced semiconductor wafer products and services IQE announced a $75 million ($60 million on completion and $15 million payable on the third anniversary of completion) acquisition, a £16.5 million placing of new shares with institutional investors at 29p each and a 2012 trading statement. Having tipped the stock at a 28.75p on this very website on November 19th -I am feeling rather smug
FTSE-250 constituent Pace plc (PIC), a developer of technologies and products for PayTV and broadband, has today announced that, following a strong second half year performance, its “full year results are anticipated to be ahead of the board's previous guidance”. The shares have responded by trading approaching 5% higher at 202p, capitalising the company at £625 million. The following reviews the investment proposition here…
Yesterday Greggs (GRG), the leading bakery retailer in the UK with more than 1,670 retail outlets, released an update on trading for the Christmas and New Year period (5 weeks ended 5th January 2013) and for its 2012 financial year (52 weeks ended 29th December 2012). This included that the company anticipates that it “will report full year results broadly in line with expectations when we make our preliminary announcement on 13 March 2013”. However there were caveats and with concerns about the UK economy and consumer spending – particularly on the high street, the following is my take on the current outlook for this company…
Centamin (CEY), the London and Canada listed gold miner operating in Egypt, has announced record quarterly gold production of 85,543 ounces for the period closing December 31st 2012 – taking full year production to 262,958 ounces, a 30% increase on 2011 and above guidance of 250,000 ounces. The shares have responded by currently trading just over 5.5p higher at 49.75p, capitalising the company at just under £550 million. The company emphasises the numbers as “particularly pleasing given the challenges faced during the year” but the announcement also makes clear that challenges remain. The following details my current view…
Domino's Pizza (DOM), now a FTSE-250 constituent, has been a stellar recommendation from me historically during my 12 years at t1ps.com, but I am currently nervous about the UK economy and consumer spending outlook. Does that dim my faith?
AIM-listed blinkx plc (BLNX), which describes itself as “the world’s largest and most advanced video search engine” , has today announced a further partnership deal – this with KoldCast TV, an international television network of original entertainment programming.
AIM listed Funeral homes group Dignity (DTY) is one of those companies whose shares always look expensive, but then always seem to head higher. You always kick yourself for not buying the stock, after all we have an ageing population and so death ( like taxes) looks a sort of one way bet. As it happens, that is not the case. At a share price of £11.02 the company is now capitalised at £603 million. Is this justifiable?
Normally I would consider that a company that will be loss making unto, calendar 2014 but which at 493p trades on a 2014 PE of 103 would be a slam dunk sell. Wandisco (WAND) is just that company and it cannot be described as a tradition Benjamin Graham style value investment. But before Lucien Miers thinks about shorting the stock, I suggest that he reads on. This is not as simple as it sounds.
Lucian Miers' 3.1p short call on UK Oil & Gas (UKOG) seems to be, at present, right up there with most of the share tips of the market abuser Chris Oil in the pantheons of duff calls. The shares surged yesterday to 7.25p-7.3p. Ouch.
Andrew Monk of VSA Resources has a geography lessn for those following oil explorers. Believe it or not the hot spot is not somewhere close to Gatwick Airport but somewhere a bit more exotic.
Oh dear, this really is a clusterfuck even by the lowly standards of the AIM Casino. You will remember that AIM listed Glenwick (GWIK), linked via Peterhouse Corporate Finance and Amanda Van Dyke to fellow AIM dog Paternoster Resources (PRS) in a related party snakefest, has had its shares suspended an RTO but there have been a few problemos. Oh dear. Oh dear.
Oh dear. Poor old Evil Knievil who has been a perma bull of Watchstone (WTG), the former Quenron (QPP), loftily dismissing claims by Slater & Gordon for £637 million and my analysis as not worth the paper they were writen on. Oh how bullish was the great man, at 141p, just a few weeks ago as he posted his bon mots on a Bulletin Board. The shares have duly plunged to just 97.5p so costing EK and his fellow BB Morons a good packet. Poor Evil. Poor BB Morons.
I must apologise. Yesterday I wrote an article stating that Totally was in breach of AIM regulations in not making an announcement about its CFO getting another job. I was wrong; I have given myself a good and proper birching this morning and am here to beg forgiveness.
I wrote last week about ITV (ITV) pinching Easyjet (EZJ)'s CEO Carolyn McCall and no doubt she is rubbing her hands together thinking not just about her new pay and incentives package but after today's update...also a fourth series of Love Island. The show only a minority of you will ever have viewed figured prominently in today's corporate presentation as ITV's management team attempted to get down with the kids - and rev up the financial analytical community - with lots of excitable statistics about viewer levels, website interactions and app/short video downloads.
Since we previously updated on Obtala (OBT) at the start of this month, there have been developments including a quarterly report. The shares are down but is this fair?
Big Sofa's (BST) AGM went smoothly enough but the market seems to have overlooked the statement from chairman Nicholas Mustoe. It really is very exciting indeed. Mustoe stated:
Nu-Oil and Gas (NUOG) is a company that I covered a couple of weeks back as being totally over-valued, and although it has pulled back a bit I think it potentially has further to go.
The trouble with Norfolk's is that in the end they run out of other people's money. And that brings us to MySQUAR (MYSQ) the sort of company which, even by the lowly standards of the AIM Casino, is a dog. A Source has been on the trombone and says...
Having already declined from approaching 50p earlier this month, shares in Vertu Motors (VTU) are currently slightly further lower, at 43p, despite an “AGM Statement” announcement including that “at this stage, the board expects the group's trading performance for the year ending 28 February 2018 to be in line with market expectations”…
With a calendar financial year and no updates on trading since 21st March-announced results for 2016, a “Trading Update” announcement from waste management company Augean (AUG) seems routine. However, the shares are currently circa 14% lower, at below 55p…
Hello Share Shedders. When I invested in Royal Mail (RMG) on the golden day it went public, I made an instant paper profit. I sold the shares soon afterwards at an even bigger gain. However, others in my family, hung onto their shares. And since July 2016 there has been a slough of despond.
Audioboom (BOOM) has today announced that CFO, David McDonagh has left "with immediate effect". It says it is looking for a replacement but gives no reason for the departure. And oddly this resignation occurs just one week after the company published interims. It was clearly not planned.
Plant Impact (PIM) has announced the conditional placing of new shares in the company at 31p each raising a gross approximately £4 million, with the announcement also including “the placing place (price?) represents a premium of 6.0 per cent to the closing mid-market price of 29.25 pence per existing ordinary share on 25 July 2017”. Hmmm…
Those who heard Paul Atherley of Berkeley Energia (BKY) on the main stage miners session at UK INvestor Show 2017 will be well versed in the uranium bull case. Paul is booked in to be back again in 2018 for a refresher but I need no convincing, we have a few of his shares just in case. Meanwhile here is another crash course on why you need uranium exposure.
Yesterday at 5.57pm this RNS was released by AIM-listed (for now) Nyota Minerals (NYO). It followed this RNS at 7am that morning. Nothing extraordinary, two TR-1s issued but it seems that former chairman has been offloading shares issued to him by the company in lieu of director fees in short order.
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