Minoan – signs of progress as FY18 results are released
AIM-listed Minoan (MIN) has released its annual results to October 2018 and there does at last appear to be some sign of tangible progress in monetising its holiday resort project in Crete. My buy tip for 2018 has so far been embarrassingly bad, for which I can only apologise. But this morning’s results have some snippets which show that things are moving in the right direction and I still sense that we might see the original buy price (6.25p) taken out.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 8 April 2019, 02:11 |
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Quilter continues to empire build
Steve already talked about the offer for the financial advisory concern Lighthouse Group (LGT) HERE and I would recommend you read his wise words. I am going to take a slightly different perspective, looking at the deal from the perspective of the acquiring entity Quilter (QLT) (technically Lighthouse Group is being acquired by a wholly-owned indirect subsidiary of Quilter), which I last wrote about HERE...
- By Chris Bailey |
- 8 April 2019, 01:30 |
The Most Common Jewel of Advice Glittering at the Global Group UK Investor Show
Hello, Share Chuckers. My head's still buzzing with the bombardment of sound advice I heard at the Global Group UK Investor Show. But this will be my last reference to this year’s stunning event. I just wanted to pass on the most common nugget of guidance imparted by some of the most successful British investors of the generation...
- By Malcolm Stacey |
- 8 April 2019, 01:12 |
Alba Mineral Resources – Brockham Update, follow management?
Alba Mineral Resources (ALBA) has updated that Production Licence 235 (Alba: 5%) operator Angus Energy (ANGS) has published an indicative timetable for drilling operations…
- By HotStockRockets |
- 7 April 2019, 11:04 |
Fox Marble – tidy-up acquisitions, remains a long-term buy
Fox Marble (FOX) “is pleased to announce that it has conditionally acquired Green Power Sh.p.k the licence holder of the Maleshevë quarry and Scope Sh.p.k., a company through which Fox Marble has entered into two hire purchase agreements”…
- By Tom Winnifrith & Steve Moore |
- 7 April 2019, 10:59 |
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Tom Winnifrith Bearcast: Reviewing my portfolio
In this podcast I look at the growing mini bond scandal as I flag up another ponzi waiting to collapse today HERE. Then I do a review of my own bull portfolio: Optibiotix (OPTI), Yourgene (YGEN), Concepta (CPT), Big Sofa (BST), Wishbone (WSBN), Kefi (KEFI), Reach4Entertainment (R4E), Falanx (FLX), Fox Marble (FOX), Berkeley Energia (BKY) and Argo Blockchain (ARB). I did not mention Fox in the podcast so I'll do a seperate update later. Finally: why have you not joined the roll call of heros HERE? I say a few extra fucktards on that count.
- By Tom Winnifrith |
- 7 April 2019, 10:34 |
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SHOCKING: ADVFN promotes an insolvent mini bond ponzi - welcome to Burrito Bonds
It sounds great, the latest 8% yielding mini bond plugged aggressively by ADVFN, the second Burrito Bond. Unfortunately if you do a bit of digging this is yet another mini bond scandal set to join the growing list.
- By Tom Winnifrith |
- 7 April 2019, 05:18 |
Sunday Long Reads: Orwell, Ultrawealthy scam, Pigeons!, Day the Dinosaurs Died, Wolf of Wall Street also a scam
Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles.
- By Darren Atwater |
- 7 April 2019, 05:18 |
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This week’s top disaster for Neil Woodford
Our good friends over at Citywire have again come up with bad news for Neil Woodford, in revealing that investors in his Equity Income Fund (EIF) reacted badly to last month’s sequence of dismal news by cashing out to the tune of £160 million. Having started March with £4.7 billion, EIF slumped to £4.4 billion last month which suggests that redemptions are not the only problem for Woodford.
- By Nigel Somerville |
- 7 April 2019, 05:18 |
Filthy Forty Origo Partners – where’s the website gone?
I noted last month that ShareProphets AIM-China Filthy Forty play Origo Partners (OPP) had sacked its investment adviser, Origo Advisers Limited “for cause”. Now it seems that the company’s website has disappeared, as you can see HERE – which is, of course, contrary to AIM Rules. But before I get on my high horse, I would note a few things.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 7 April 2019, 05:17 |
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Notes from Underground: My Master Investor recap
The question that I am sure that many of you are asking today is: what happened to me at the Master Investor show? Did they use my head as a door opener as they threw me out? Did they have a meeting of the Car Park committee? Was I tossed in London Design Centre jail?
- By Darren Atwater |
- 7 April 2019, 00:16 |
Rose Petroleum – funding delays… but now proposed board changes and…
Rose Petroleum (ROSE) has updated including that obtaining a farm-in / funding commitment for its Paradox Basin, USA acreage on appropriate terms is taking longer than anticipated, but also proposed new board appointees “acutely aware that time is of the essence and look forward to updating shareholders in the very near future”…
- By HotStockRockets |
- 6 April 2019, 07:51 |
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Extra checks all round! Ongoing blushes in housing market
- By Chris Bailey of Financial Orbit |
- 6 April 2019, 07:43 |
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Ann Summers losses warning, Julie Meyer caption contest
It appears that after racking up losses of £3 million last year the sex toys and lingerie chain Ann Summers is on the brink. In the good old days the woman below used to put sex toys and vibrators on expenses at Ariadne Capital. But it is now in administration and Julie Meyer is in Switzerland. This may partial;ly explain the woes of Ann Summers and as such we ask you to post suitable captions in the comments section below. The wittiest/most filthy will win a semi naked photo of the UK's top share blogger, thirsty Paul Scott. The deadline is midnight tonight. Do your worst.
- By Tom Winnifrith |
- 6 April 2019, 03:32 |
Rotala – full-year results, confident about the prospects: BUY
UK bus company Rotala (ROL) has announced results for its year ended 30th November 2018 and that it is “confident… about the prospects of the group and excited about the possibility of expanding it considerably in the years ahead”…
- By Tom Winnifrith & Steve Moore |
- 6 April 2019, 03:20 |
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Tom Winnifrith Bearcast: it is not just Julie Meyer skipping on buying a new vibrator
In this podcast I look at the woes of sex toys and lingerioe chain Ann Summers and what it says about the state of UK retail and commercial property. I look briefly at the lamentable coverage by analysts and the expense fiddling fourth estate of Purplebricks (PURP) and finally at the signs that The Big Short is finally about to come good in spades, I refer to BCA Marketplace (BCA). I start by suggesting, in the interests of transparency. that you have a butchers at the front page of the Daily Mail. If you enjoyed my Julie Meyer vibrator jokes how about you do the decent thing and go HERE
- By Tom Winnifrith |
- 6 April 2019, 03:11 |
Table of shorted AIM shares - week to 05/04/2019
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 |
- 6 April 2019, 02:03 |
Announcement Imminent for Prairie Mining. Oh, the Suspense!
Hello, Share Bunnies. To describe Prairie (PDZ) mining as speculative is to err on the mild side. Its prospects of rocketing the share price seem good, except for a dispute now in the hands of the Polish courts. Until the dispute is settled, I suppose anything might happen.
- By Malcolm Stacey |
- 6 April 2019, 02:02 |
ShareProphets readers tips for 2019 competition – (late) March update
Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...
- By Steve Moore |
- 5 April 2019, 08:53 |
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Ooh, Er MRS – has the Nomad turned the screw?
This is utterly bizarre: on 28 March AIM-listed POS Management Resource Solutions (MRS) announced the acquisition of Alerion Consulting Ltd from its founder, Elliott Talbott, and others for a consideration of £1.32 million to be satisfied by the issue of MRS confetti at 5p per share and we were told that an application for admission to trading of the consideration shares on or around 4 April would be made. Now, on 5th April – at 9.38am – we learn that the application to have them admitted to trading hasn’t been made at all, yet the acquisition completed on 28th March!
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 5 April 2019, 08:26 |