Hello, Share Twirlers. Having just reminded myself that the p/e I have for Royal Dutch Shell (RDSA and RDSB) is a mere 11, I think it may be time to look at this giant company again. It was at least two years ago that at least one big bank was opining the B shares worth 2800p, yet, after posting much bigger profits since then, the price still languishes at around 2400p...

Pot is clearly the new blockchain. Whatever. I do not pretend to understand this insanity. I am just too old.  Anyhow the latest Primary Bid offer is from Highland Natural Resources (HNR) and if you want to play you can do so here.

In today's podcast I explain why Julie Meyer has spurred me to battle on, though I do consider calling it a day now and again. I look at Quindell (QPP), London & Capital Finance, Neil Woodford, and flag up that the FCA has opened or stepped up an enquiry into another company I covered in some detail. You can speculate which, more details when Winnileaks comes good.  I look at Red Emperor (RMP), IQE (IQE), Verseon (VERS) and Blue Jay Mining (JAY). If you enjoyed this, I think, profanity free bearcast, follow a bloke from the Grim North who donated enough to buy a whole house in the welfare safari and support the Rogue Bloggers for Woodlarks HERE.

Apologies for missing it on Friday, but it turns out that there was yet another disaster for Neil Woodford on Friday as its Norwegian play revolutionising the world of chip and PIN, Thin Film (OB:THIN), announced a strategic update and corporate restructuring after hours. Uh-Oh……a strategic review! No wonder he was in such a bad mood as he lashed out at critics offering false analysis and fake news.

We have warned you time and time again that Blue jay Mining, the stock promoted shamelessly by disgraced share promoter Old Mother Michael Walters and SP Angel's John Meyer on the basis of bogus "imminent" offtake deals was one to avoid like the plague. The shares are off by 20% today at 9.1p and, a reliable City source, says that investors are being sounded out about a material placing. But at what price?

Previously writing in December on women's clothing and accessories retailer Bonmarche (BON) it was “extremely poor” sales, though argues “confident in the strategy” & “well prepared to weather the storm”. Really?. Today a further “Trading Update”…

Things are moving rapidly in the collapse of the London & Capital Finance  ponzi scheme, which fleeced 14,000 punters – mainly pensioners – by offering high yield bonds -   and which ShareProphets has done so much to expose, as you can see HERE.

Neil Woodford dog, AIM-listed Netscientific (NSCI) seems to have been forced to put out a statement over its investee PDS which merged with Nasdaq-listed Edge Therapeutics (EDGE) and the combined entity is now listed as PDS Biotechnology (PDSB). 

Wood Group (WG.) is having a volatile day and is down over 7% as I write. The share is still however the thick end of ten percent above its low point for the year...which goes to show you the material natural level of fluctuations in the oil services space. Still, with the oil price heading north again year-to-date I would have expected more especially - as I last recounted HERE - Wood Group has plenty of self-help scope resulting from the Amec Foster Wheeler deal of a little over a year ago...

It is a Proactive interview so the questions are not exactly taxing. But the ansswers given by Steve O'Hara of Optibiotix (OPTI) are illuminating. "The majority" of partners are now generating revenues. This company has signed almost 30 deals. That tells me that the massive ramp up in sales in H2 of last year will continue and indeed accelerate in H1 this year and beyond so full steam ahead. I reckon the shares are a buy at the current 84p and at up to 90p and see the shares motoring ahead to 125p+ in short order. Note what O'Hara says about the pipeline of announcements.

Dear, oh dear – every time we get an announcement from AIM-listed project management and technical consultancy purveyor WYG (WYG) the news seems to go from bad to worse, and hats off to Steve Moore for his unremitting bearishness on this. The latest news is that the banks have agreed to waive the 31 March covenant test (which the company had previously warned it would fail) but the 0.6p dividend per share - which was declared on 4 December 2018, payable on 4 April - has been cancelled. How embarrassing is that?

Neil Woodford has today spunked £7.5 million more of his investors cash in a £7.7 million placing by joke company Verseon (VERS). It is a cynical and seedy waste of other folks cash which shows the moral rot that has set in at the heart of the crumbling empire of Britain’s most disliked, failing, fund manager.

Hello, Share Scorchers. In Jordan, where I’ve just met some of the friendliest people in the world, probably the main export is potash. If you thought this was a fairly unimportant mineral, you would be wrong. Potash is important for agriculture because it improves water retention, yield, nutrient value, taste, colour, texture and disease resistance...

Columbus Energy Resources (CERP) has updated on a CO₂ enhanced oil recovery pilot project on its operated Inniss-Trinity IPSC – described as “has the potential to transform oil & gas operations in the Inniss-Trinity field and in similar fields in Trinidad”…

In today's extra long podcast I reflect that one day folks like Julie Meyer will win and I shall call it a day. I have lasted two years longer than John Hempton predicted. I also look back on a curious fraud from my early days back in, I think, 1995.  I look at Tomco (TOM), Range Resources (RRL), RedT (RED), Columbus Energy (CERP) and VSA valuations, Goldstone Resources (GRL), Verseon (VERS) and Domino's Pizza (DOM). If you enjoyed this, I think, profanity free bearcast, follow a bloke from the Grim North who donated enough to buy a whole house in the welfare safari and support the Rogue Bloggers for Woodlarks HERE.

Well before the end of June, Tomco (TOM) needs to get away another placing to avoid crash landing in its up alley. To that end, the £3.9 million market cap at 4.3p is a complete rum 'n; coke. Bt the ramp is underway ahead of the next bailout and thus we have a statement today which has failed to impress the City's No 1 oil analyst. Zac "the knife" Phillips of SP Angel writes:

Julie "Lingerie on expenses" Meyer has sent a long em ail to her spam emtrepreneur country database to clarify some of the allegations against her. Apparently, in what will be news to the Maltese Courts, she has never faced criminal charges and in what will be news to the FCA and Insolvency Service she is not under any sort of investifgation. Meanwhile I and other pursue her becuase we are misognyists and becuase we want money from her. For the avoidance of doubt I have not asked Ms Meyer for a cent. Oh well, the ramble below ending wither comparing herself to Michelle Obama is below:

In my piece of 24 January I predicted that AIM-listed Neil Woodford dog Verseon (VERS, but formerly VSN) would need more cash and this morning it announced its intention to raise $10 million through a subscription “for working capital” (yeah, more like ongoing losses…) Oh, and it wants to raise funds from a global investor base into its new blockchain security. Oh goodie, where do I sign up?!

There has been extensive coverage of Bluejay Mining (JAY) on this site, scrutinising many of the statements by the company and its disgraced principal cheerleader Michael Walters and also SP Angel, all of which have proved to be either outright fallacies or completely misleading.

KEFI Minerals (KEFI) has yet another update for us on its Tulu Kapi gold project in Ethiopia. We know this process does seem to be taking an eternity. But progress is being made.