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Latest News

GBO

The curse of Beaufort strikes again - Gavin Burnell & Andrew Gutmann have left the Novum Building

I have highlighted before the curious way that Gavin Burnell of Globo (GBO) infamy was working at Novum Securities even though the FCA had not re-authorised him to conduct investment business following the demise of Beaufort Securities. All good things must come to an end.

PSN
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Despite the £1 billion profit...Persimmon's had a dodgy start to the week

Did you see the weekend press article that mentioned Persimmon (PSN) might lose out on future Help to Buy contracts? As I started discussing here just under a year ago, such support mechanisms distort, fail to help the really needy and have allowed the housebuilding sector to do rather well in terms of profitability. This in turn led to the bonus scandal at Persimmon, where clearly a remuneration committee were asleep at the wheel in not capping more aggressively the rewards senior executives could make…

MPL
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Photo Article: Mercantile Ports – just where has all the money gone? Target 0p

The fact that Mercantile Ports & Logistics (MPL) is run by a crook and has misled investors on a serial basis over many years is not in doubt. Yet greedy City financiers, notably Nomad & broker Lagos Securities (CNK)  continue to earn vast sums raising cash for this POS which claims to be making progress on building a new port in Bombay, India. The photos below demonstrate that is just plain horse.

TSLA
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Tesla - patience will be rewarded in 2019

The resilience of the Tesla (NASDAQ - TSLA) share price in the weeks since its Q4 earnings release is nothing short of astonishing...

POG

Petropavlovsk – delay in bridge loan repayment to it… but looks minor

A 19th December update from Petropavlovsk (POG) included “the bridge loan will be repaid to Petropavlovsk upon full completion of the new facility which is expected to be in late February 2019”. There’s now an Update on Temporary Bridge Loan to IRC” announcement…

FIPP

Exciting Flames Along the Frontier as this Promising Company Seeks to Profit from Great University Ideas

Hello, Share Spongers. Now here’s what seems to be a jolly good idea. A company which helps universities to make money out of their research projects. Varsity boffins don't always have a zipper reputation for being ace businessmen and women (though some are). So Frontier IP (FIPP) helps them out...

Bearcast
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Tom Winnifrith Bearcast: Sitting here thinking about the fraudster Rob Terry of Quindell infamy

I consider what Rob Terry is doing now as I contemplate the latest threat to Watchstone Group (WTG), Quindell (QPP) as was. I look back on a few other fraud busting successes but view them as fairly irrelevant. I am more proud of my work for Woodlarks and, in that vein, again urge you to sponsor Rogue Bloggers for Woodlarks HERE.  I consider DeepMatter (DMTR), Audioboom (BOOM), Centamin (CEY), Yourgene (YGEN), Big Sofa (BST), I3 Energy (I3E) and Kavango (KAV)

DMTR

DeepMatter Group – with the dilution, why a larger placing?

An announcement from DeepMatter Group (DMTR) commencing; “Further to its announcement dated 20 December 2018, DeepMatter, the AIM-listed company focusing on digitizing chemistry, is pleased to announce that it has raised approximately £4.0 million by way of a placing of 159,185,680 new ordinary shares at 2.5 pence per share”. Hmmm – the shares have currently responded 17.5% lower…

MIN

Minoan – Director share purchases: should we take comfort? Well, yes.

AIM-listed Minoan (MIN) this morning announced that three directors have put their hands in their pockets and bought shares costing a total of £100,000. That is a significant enough sum and normally would encourage me to buy more, but the trade dates reported are 3 December 2018! Why has it taken so long to report - surely this is a breach of AIM rules! Er, not so fast…..….

China Flag

Made-In-China Diamonds Poised To Rock Global Diamond Market

Made-in-China diamonds poised to rock global diamond market, WTO warns of global trade slowdown as indicator hits nine-year low, visualising the 7 major flaws of the global financial system...

FAB

Fusion Antibodies – “materially below current market expectations” adds to “significantly behind” expectations from earlier in the year!

“Fusion Antibodies plc (AIM: FAB), a pharmaceutical contract research organisation specialising in antibody engineering services, provides an update on the company's trading and progress to date in the current financial year ending 31 March 2019”. This is a company which listed in December 2017, with house broker Allenby Capital looking for revenue of £3.2 million for the company’s year ended 31st March 2018 and breaking into profit on revenue of £5.6 million for the now current year…

INFA
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InfraStrata's Islandmagee gas project has plenty of potential - speculative buy

Whilst InfraStrata (INFA) is considered to operate in the oil and gas sector it is very different to most other companies, as rather than looking to extract hydrocarbons, it is intent on putting them back into the ground.

AIQ

AIQ – FY results show shares still well overvalued at 14.5p - Bargepole

Standard-listed AIQ (AIQ) – an investment company which rather caught our eye last year in the wake of its calamity of an IPO and repeat suspensions thereafter – has published its maiden full year results. Needless to say, they are nothing to write home about (unless you are a ShareProphets writer!)

IOG
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Independent Oil & Gas unwittingly confirms Sunday LOG scoop but simply fails to understand the scandal

AIM listed Independent Oil & Gas (IOG) has today issued a statement in relation to London Oil & Gas (LOG) run by Amber Rudd’s pal and donor Simon Hume Kendall and it unwittingly confirms Sunday’s scoop HERE that LOG is the recipient of £122 million of the £176 million leant by London & Capital Finance, the ponzi now in administration and under full FCA enquiry.

WPCT
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UPDATED: Neil Woodford, Proton’s NEX flop of an IPO, the scam on unit-holders – this stinks

Eight days ago Neil Woodford’s PR spinners told their gophers in the lacky corrupt deadwood press, aka Peter Evans and Sabah Meddings of the Sunday Times to write a big puff piece about how Neil Woodford’ backed Proton Partners was planning to raise £50 million and list on the NEX lobster pot. It has not taken long for that fake news to be exposed, as no investors other than Woodford himself have been prepared to back this IPO – something revealed in the prospectus out today.

JOG
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Time to buy Jersey Oil and Gas ahead of the Verbier appraisal

For junior resource companies which aren’t actually producing anything yet, larger movements in the share price are usually dictated by newsflow relating to the operational side of things, rather than by fluctuations in commodity prices. Jersey Oil and Gas (JOG) has gone through a period where not a lot has been happening drilling-wise, and as a result it has seen its share price bouncing around within a fairly tight range for this sort of stock...

SN

Smith and his Nephew Who Keep People on their Feet Do the Same for the Share Price

Hello, Share Followers. It’s a sad fact of life that knee and hip replacements seem very common at the moment. I bet you know a few senior citizens who’ve just had it done. The growing surge of diabetes is also taking its toll on our legs. A company which focuses on artificial joints and limbs is Smith and Nephew (SN.)...

Crime-Scene
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Do the maths stupid: London & Capital Finance MUST be a ponzi, folks MUST go to prison

Yesterday’s posting HERE of the Administrator’s Report into London & Capital Finance, the mini bonds provider founded by Amber Rudd’s chum Simon Hume Kendall has got Cynical Bear and others doing their sums and they, and I, conclude, this now just has to be a ponzi and folks must go to jail. Let me explain.

SBRY
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Ongoing investment madness - case studies at Asda/Sainsbury's, Hammerson and Superdry

Like some of the other writers on ShareProphets I sometimes turn my hand to sharing a few pearls of wisdom with the younger generation at some of our Higher Education institutions.  As i only really know about one thing - finance and investment related matters - it will not surprise any readers the subjects i talk about.  It will also not surprise anyone that I try to refocus the students away from mathematical explanations to a broader palate of qualitative and interpretative insights. 

KEFI

KEFI Minerals – placing as intention to trigger Tulu Kapi at end of current quarter reinforced: BUY

KEFI Minerals (KEFI) has announced both meetings this month including the Ethiopian Government saw intention to trigger Tulu Kapi project development at the end of the current quarter reinforced and a placing <em>“to fund current working capital of both KEFI and the project”...

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ANP

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ORCP

Oracle Power: Cynical Foul

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