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Latest News

DIS

Distil – Q3 (including Christmas) trading update, remains a buy

Premium drinks brands company Distil (DIS) has updated on trading, including “year-on-year third quarter (October to December 2018) revenues and volumes increased by 29%”

HOTC

Hotel Chocolat – argues “another strong Christmas”, but how’s the outlook v. the valuation?

“Premium British chocolatier and omni-channel retailer”, Hotel Chocolat (HOTC) has updated on the 13 weeks ended 30th December including “this was another strong Christmas for Hotel Chocolat” and adding “trading since December continues to be in line with management's expectations”. What are expectations though?, and how do they compare to the valuation? – the shares currently circa 5% higher on the day, above 280p – capitalising the company at approaching £320 million…

Bearcast
premium content

Tom Winnifrith Bearcast: Luke Johnson is THE acceptable face of capitalism, Frontera (which is not), 1 day to go

How I suffer for you dear listeners. All is explained. Then there is a long discussion on the administration of Patisserie Holdings (CAKE). I move on with a few more words on The Escape Group (ESC) which I covered HERE and then look at Eve Sleep (EVE) and the folly of Neil Woodford, Scancell (SCLP), Anglesey Mining (AYM), Ariana (AAU), Bluebird Merchant Ventures (BMV), Chesterfield (CHF) and Metro Bank (MTRO). Finally it is one day to ouzo time (again) on Frontera Resources (FRR).

JDW

#BoycottWetherspoons flopping, and the People’s hero Tim Martin lets rip on Brexit again

The #BoycottWetherspoons  (JDW) campaign by mad remoaners is flopping badly. Hooray. The company has released a  cracking trading statement and its chairman, the People’s Hero, Tim Martin has again let rip on Brexit.

EYE

Eagle Eye Solutions – “delighted” on H1 & growth expected to continue into H2… but what about that cash burn?

Eagle Eye Solutions (EYE) has updated on trading including “we are delighted to confirm a strong first half of the year, delivering significant revenue growth and expansion of the customer base, including the addition of Waitrose and Burger King” and “the growth in revenues and volumes is expected to continue into H2”. The shares have not responded excitedly though – currently unchanged at 172.5p…

ESC
premium content

Escape Hunt – this is bonkers

Hat tip to the UK’s No 1 private client broker for spotting this AIM casino accident waiting to happen.

Newsboy
premium content

I told you that Metro Bank was dodgy...and that you shouldn't underestimate Burberry's Chinese chavs!

My corporate RNS wooden spoon award today goes to challenger bank Metro Bank (MTRO), whose shares are currently down over 25% which - at face value - does appear a tad surprising given today's full year update shows loans up 48% year-on-year and underlying profit before tax to be up 138%. However...this latter statistic was below hopes and was impacted by a 'softening' in the last quarter due to high levels of mortgage market competition. Well oops...but down 25% oops?

DSG

Dillistone – “Major Contract Award & GatedTalent Update”; Ramptastic?

I cautioned on shares in recruitment software and services group Dillistone (DSG) as they fell towards 70p in 2017 and have done so numerous times since. They’d fallen to 42.5p recently, but are currently more than 20% higher, back above 50p, on the back of a “Major Contract Award & GatedTalent Update” announcement…

WMH

William Hill May Recover Higher Profits - But I Probably Wouldn't Bet on it

Hello Share Trundlers. Though I’m a client of William Hill (WMH), I don’t buy shares in bookmakers. That’s cos I think they can bring unhappiness to those who go beyond betting as a bit of fun. But even if I was the world’s greatest fan of betting companies, I would currently avoid William Hill shares...

Bearcast
premium content

Tom Winnifrith Bearcast - madness, madness, madness

No not Malcolm Stacey again although he is mentioned. Instead I look at how to value a cyclical stock, I cover Mortgage Advice Bureau (MAB1), Zoo Digital (ZOO), Amur Minerals (AMC) and Flybe (FLYB)

MOS

Mobile Streams – “initiative in Indonesia” announcement is re. services not yet launched. Hmmm…

“new market initiative in Indonesia” announcement from Mobile Streams (MOS), including CEO Simon Buckingham arguing, having “considered a number of markets to complement Latin America and India… we strongly believe that Indonesia, a sizable market with a population of over 250 million, provides the best opportunity to achieve positive results in both the short and long term”. Hmmm…

Boom

Disappearing Video: Julie Meyer wants to thank me for my support (Updated with another copy)

Like all of those opted into  the utterly non GDPR compliant mailing list of Julie "lingerie on expenses"  Meyer I have just received an email thanking me for my support in 2018. Jeepers Julie it was my pleasure. And even better there is a thank you video too. Enjoy.

ZOO
premium content

Zoo Digital – from November “confident in the prospects” to now “significantly below expectations”. Uh oh…

I wrote on Zoo Digital (ZOO) in September (“confident in the prospects”, so why the share price slump? HERE), concluding, despite the shares then falling to circa 140p, that; ‘I thus suggest the valuation leaves no room for any disappointment – and remind that great valuations tend to lead to great disappointment if expectations are not met. Indeed, even if strong growth is delivered, since the valuation is so far from what is being financially produced, there is still significant scope for sentiment to see the shares lower. As such, currently a sell / avoid.’ The shares closed yesterday at 115p and today a “Trading Update”

JDW

Trading Updates: Pearson and J D Wetherspoon under the Spotlight

In this week’s article, we review two trading updates; one that took place last week, and one expected next week. Firstly, we take a look back at publisher Pearson (PSON) and review broker and tipster sentiment in the lead up to, and following, its most recent trading update this Wednesday. We then look forward to an expected trading update from J D Wetherspoon (JDW) thisweek. Has tipster broker and sentiment changed in recent months, and what will tipsters be expecting to see in the pub chain’s latest announcement?

AAU
premium content

Ariana – buyback whoopsie at 4.29pm, but a minor issue - blame Roland "fatty" Cornish. Strong hold.

Oh dear. AIM-listed Ariana Resources has announced that the share buyback previously announced on 16 January 2019 – and which occurred on 4 January – when the company bought back 4.5 million shares into treasury was not allowed as the company didn’t have the distributable reserves available on the balance sheet. Red faces all round, but this is not a major issue.

Newsboy
premium content

Dixons Carphone, easyJet and adventures in the UK and European consumer land

Those corporate updates keep on a-coming and today's crop includes updates from both Dixons Carphone (DC.) and easyJet (EZJ)…

FOX

Fox Marble – sales agreement with expected value “in excess of €1 million over the next twelve months”, remains a buy

“New Material and Orders” announcement from Fox Marble (FOX), emphasising Commercial extraction commenced of Alexandrian Blue marble from Prilep Quarry. 441 tonne order of Alexandrian Blue completed and paid in December 2018. Sales agreement entered into with an indicative value in excess of €1 million”...

KAZ
premium content

KAZ Minerals has the potential to become a copper mining giant in the future

After a strong performance during the first half of 2018, copper has been weak and is currently trading at close to its lowest levels since mid-2017. Having hit peaks of more than $7,200/t last June it is now around the $6,000/t area, and although an improvement on the $5,800/t level it started the year at, I would hardly call this slight resurgence a proper bounce just yet. But I do think that is going to come as the metal is too important to stay at these levels for long, especially in light of the fact that many analysts are forecasting a supply deficit in the coming years due to the increasing use of the metal – as I’ve mentioned in the past, electric vehicles will be a factor and use far more wiring than the cars that are currently in common use...

AVCT

I Can't See Why New Deals Won't Be Struck by Avacta - and if they Are, Expect a Perky Share Price

Hello Share Charmers. So far, one of my pair of 2019 official tips on this magnificent website, Avacta (AVCT) has been charging ahead. But I think the success story could only just be starting. A trading update just released is firmly positive...

Bearcast
premium content

Tom Winnifrith Bearcast: Extreme bad language mainly about that f*cker Boris Johnson

Make sure your kids do not listen to this podcast. Today I cover the latest bonkers idea from Malcolm Stacey, NetFlix (NFLX), tesla (TSLA), IQE (IQE), Dods (DODS), Flybe (FLYB) and Totally (TLY). I also explain why I am even more of a f*cking feminist than before, as of today.

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