From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Latest News

VRS

Cartoons: A Versarien shareholder may be a moron but he's talented & laughs at we bears

Lucian Miers and I are the targets of a takented shareholder in Versarien (VRS). Okay the guy is a moron but his cartoons are good. The hero of each picture is piss taking Neil Ricketts.  The villains are we bears.

MNO
premium content

Maestrano – intra-day (10:36am) “Trading Update”… having listed less than a year ago, not again surely!...

On 30th May 2018 Maestrano (MNO) was “delighted with the success of our AIM admission and associated capital raising” - £6 million at 15p per share, with it considering it “now well positioned to scale the business substantially” and noting “the AIM journey began when we participated in a UK Department of International Trade Fintech mission to London”. Today an intra-day (10:36am) “Trading Update”. Uh oh…

WSG
premium content

Westminster – a French farce of an acquisition by fatso Baldry and accounting mayhem

On 29 January 2019 Westminster Group (WSG) the dog chaired by ex Tory MP Tony “fatso” Baldry of 3DM infamy issued a ramptastic trading statement to ramp its shares up to 12p allowing it to do a bailout, keep the lights on, placing at 10p a few days later. Now, as it prepares for its next bailout placing we have more grim news marking the company out as utterly uninvestable. First the mess of its accounts.

ULS

ULS Technology – “market headwinds”, argues “investment in the business will help to insulate”. Will it?...

Provider of online B2B platforms for the UK conveyancing and financial intermediary markets, ULS Technology (ULS) has updated including of “a strong gross margin performance… continues to generate strong cash flow… maintain the group's policy of paying a progressive dividend”. So why are the shares currently, on the back of the update, at 70p – 9% lower?...

Newsboy
premium content

Next thanks Easter, Sainsbury's thanks Argos... but I'm not chasing either

How was April for you? Well Next (NXT) had a good time as per today's trading update observing that 'full price sales in the thirteen weeks to Saturday 27 April were up +4.5% on last year. This was +1.3% ahead of our internal forecast of +3.2% for the first quarter. We believe this over performance versus forecast was mainly as a result of unusually warm weather over the Easter holiday period, which was particularly helpful to our Retail stores'…

VSL
premium content

Woodford – the clear-out continues as he dumps VPC on an 11.2% yield

Earlier this week it was announced that Neil Woodford had dumped his entire holding in peer-to-peer lender P2P Global (P2P), worth around £88 million – the stake being bought by Quilter. Yesterday it was announced that he has sold his entire holding in another player in the speciality lending game, VPC Speciality Lending Investments (VSL). How are those redemptions going, Neil?...

OPTI
premium content

Optibiotix – full year numbers, the share price reaction was wrong...

The shares are down on the day by a couple of pence at 72p-75p. The press release was long, verbose and not well crafted. As a loyal shareholder, I found a long chat with boss Steve O’Hara far more constructive. Optibiotix (OPTI) has never been in a better place and thus its shares are very cheap and a strong buy...

WPCT
premium content

More bad news for Neil Woodford as BBVA misses deadline to exercise Atom Bank takeover option

For all the positive vibes surrounding Spain’s second largest lender, BBVA, perhaps landing a bid for Woodford unlisted banking startup dog Atom Bank, it seems that at least for now the deal is off the table: BBVA has missed the deadline to exercise its option. So no big payday for Neil Woodford’s beleaguered investors, then...

WTB

This Hotel Chain Should Have Room to Bounce Back after Pre-Brexit Fears Hit Business

Hello, Share Clangers. When I’m away on business, which is rather too often for my liking, I prefer to stay in Premier Inns. My reason is not that I think they’re great but that because, as a shareholder, I nab two nights for one at weekends. However, I don't hold the shares for this handy perk, but because the room prices are comparatively cheap – which is what stingy customers want these days...

Bearcast
premium content

Tom Winnifrith Bearcast: a Missing cat and an attempt to shut down this website

It has not been a good day. Firstly the Mrs left a door not fully closed and two cats have become one, Quincey has gone AWOL. Then I had to watch a crazy cat woman Carole Cadwalladr video for the sake of Woodlarks. Finally we have suffered a DOS attack. Someone does not like our exposes of fraud and malpractice. We will not be silenced. As you consider my Cadwalladr suffering please donate to Rogue Bloggers for Woodlarks HERE. In the podcast I cover Neil Woodford, Xeros (XSG), Eight Peaks (8PG), Alien Metals (UFO), African Battery Metals (ABM), Countrywide (CWD), Purplebricks (PURP) and the quoted housebuilders.

MPH
premium content

Neil Woodford Dog Mereo – FY18 results…..oh dear

Oh dear oh dear oh dear. I commented at the weekend HERE that AIM- and now Nasdaq-listed Mereo Biopharma (AIM: MPH, Nasdaq: MREO) has FY18 results due this Monday, following Mereo’s merger with Oncomed on Nasdaq. Duly reported, how’s that extended cash runway doing?

XSG
premium content

Xeros Technology – 2018 results… to be calling Neil Woodford with a ‘bring the cheque book’ AGAIN!

Self-styled developer of “disruptive water saving technologies”, Xeros (XSG) has announced 2018 results headlined “good progress towards licensing model”. Natch, with “disruptive” being bandied about here, Woodford’s also about (39.71% shareholding). “Good progress” then?...

BOOM
premium content

Audioboom – placing flops and it still dissembles: Gotcha!

Last Thursday evening I revealed in a bit of a scoop that Audioboom (BOOM) was trying to raise £8 million at 2.5p. The next morning the company was forced into a statement and said it was trying to raise £5 million at 2.5p. That was not really true - I published the deck the wretched company had sent to potential investors showing it was trying to raise £8 million. Today it fessed up that it has raised just £2.8 million with £1.2 million of that coming from the board and the Candy Brothers chucking good money after bad. What a shower…

SXX
premium content

Sirius Minerals continues to make progress but the market doesn't like the funding deal

Large mining projects often take a long time and huge amounts of investment before they finally come to fruition and actually start producing the raw material and a revenue stream. During that time the share price can experience a lot of volatility and I remain to be convinced that the majority of PIs have the patience to invest long term in this type of company, and in some cases there is an argument for buying in closer to production once everything has been sorted out and financing has been finalised...

Newsboy
premium content

Ideas update – Whitbread, Greene King, DS Smith & Breedon

Lots of numbers and comments out today...

CHAL

Red Flags at Night: POS Challenger Acquisitions results at 5.24pm as the wheels come off

Well surprise, surprise – Cynical Bear was right! Standard-list posterboy Challenger Acquisitions (CHAL) reported its FY18 results last night at 5.24pm, hoping that nobody was looking. Unfortunately for its CEO, ShareProphets was watching and the numbers are absolutely dire. With net current liabilities of £3.2 million, it has a mountain to climb...

TXH
premium content

Tex Holdings – from two weeks ago bank covenants breach partially caused by accounting change… to now, no it isn’t!

Writing on plastic injection moulding and tooling, engineering products and boards and panels manufacturing group Tex Holdings (TXH) a couple of weeks ago, I questioned just an accounting factor though?. At 5:22pm yesterday, “Statement re. Suspension”. Uh oh…

EU_flag
premium content

Watching & dissecting Carole Cadwalladr’s Brexit TED talk - how I suffer for Woodlarks

A reader says that he will donate £500 to Rogue Bloggers for Woodlarks if I watch and critique a talk by the crazy cat woman Carole Cadwalladr on how the Brexit vote was stolen For Woodlarks I will do anything, even this: please donate HERE. Of course, I knew Carole at Oxford ( same college, year below me) so I know what a fraud she is.

CPC

A Room With a View of a Pint Could make this Perky Pub Provider Even More Successful

Hello, Share Changers. You already know that pubs are closing down at an alarming rate. But that’s not bad news for the ones that stay in business, especially the pub chains. When the competition disappears, the higher spending customers have to find somewhere else to tipple...

Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

Most Read in the Past Seven Days

That Was the Week that Was

 

ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

Time left: 15:00:20