Science Group – trading update & termination of formal sale process. Share price fall justified?
“Consultancy providing applied science, product development, technology advisory and regulatory services to a client base in medical, commercial and food & beverage markets”, Science Group (SAG) has announced a “Trading Update; Termination of Formal Sale Process” – and the shares have responded currently more than 6% lower, towards 200p…
- By Steve Moore |
- 14 December 2018, 08:54 |
Haydale – Wheelsure nonsense!
We all know that AIM-listed Haydale needs to raise money, and we have had all forms of pumping to support it in the form of RNS Reaches and paid-for broker notes. Now we see reannounced old news from NEX-listed Wheelsure (WHLP) regarding the joint venture with Haydale and the University of Manchester which Haydale announced on 27 November (and Wheelsure announced on the 26th)! Even Haydale didn’t even bother with an RNS Reach, although an announcement went out via Alliance News: never miss the opportunity to re-inform! But this does beg one or two questions.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 14 December 2018, 07:14 |
Low & Bonar – warns on performance & attempted discounted fundraising ahoy?
Previously writing on ‘specialist performance materials’ company Low & Bonar (LWB), I concluded “the shares have unsurprisingly sunk, currently to circa 40p. However, with present challenges aplenty, I currently retain previous caution – and note this a further reminder to be cautious of ‘greater second half weighting’ – particularly if amidst already clear challenges!” (see I suggested profit warning, it reckoned greater weighting to the second half). Today a further “Trading Update” – with a first bullet point being “tough market and trading conditions largely unchanged during fourth quarter”. Uh oh…
- By Steve Moore |
- 14 December 2018, 06:06 |
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Reneuron – jam tomorrow for Neil Woodford, or just in a jam tomorrow?
AIM-listed Neil Woodford investee Renueron (RENE) posted its interims to the end of September this morning. As with many of Neil Woodford’s investment choices, this is another cash-burning operation but it does have the advantage of some interesting technology. The question, of course, is cash!
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 14 December 2018, 05:37 |
John Meyer of SP Angel is shameless with his BlueJay ramping c/o Justin the Clown. Shocking.
John Meyer of disgraced Nomad of MySquar (FRAUD) infamy SP Angel really is a very naughty boy. The scallywag was in action once again on the Justin the Clown podcast at Vox Markets, as you can witness below. To save your suffering fast forward to 20 minutes and 40 seconds when the analyst appears. His crimes are numerous. First up..
- By Tom Winnifrith, The Sheriff of AIM |
- 14 December 2018, 03:57 |
Photonstar LED – “pleased to announce” placing. But it’s monumental dilution for what?
Photonstar LED (PSL) previously commenced announcements with “the British designer and manufacturer of smart LED lighting solutions and cloud based building management services”… . It today states “PhotonStar LED Group plc (AIM: PSL.L), is pleased to announce that it has raised gross proceeds of £100,000… at a price of 0.02p per share”…
- By Steve Moore |
- 14 December 2018, 03:47 |
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Tom Winnifrith Bonus Bearcast: tales of total woe from my local estate agent - and how to profit from it on the short tack
I visited my local Estate Agent yesterday about selling the house of the Mrs here in Bristol. He is a clever, honest and experienced chap who has done TV work and who I've known for a a while. I relay his numerous tales of woe which, I think, are symptomatic of the wider market, whatever headline data we are fed. If I am right how do you play the dire times ahead on the short tack? I discuss house builders in general, Barratt (BDEV) - if I said Bovis in the bearcast I meant Barratt -, Purplebricks (PURP) and BCA Marketplace (BCA) in this bonus podcast.
- By Tom Winnifrith |
- 14 December 2018, 02:14 |
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Lessons from AA plc
It never ceases to amaze me what Private Equity firms get away with. We are warned constantly that buying from them often ends in tears but, like moths to a light, the investment community cannot resist handing over other people’s money to them at crazy prices. It looks like Uber and Airbnb are lumbering onto the runway. In 2004 private equity firms, CVC Capital, Permira and Charterhouse bought the AA (AA.) from Centrica for £1.75 billion. Ten years later they borrowed vast amounts of money and paid themselves £2.5 billion in “dividends”…
- By Lucian Miers |
- 14 December 2018, 01:30 |
What the Dickens is this? A Pawnbroker Which is Growing Fast
Hello, Shares Tasters. Christmas is a natural home for Dickens fans like me. And when I imagine Victorian Britain, I think of pawnbrokers. They are not, as one might imagine, a dying financial institution...
- By Malcolm Stacey |
- 14 December 2018, 01:08 |
Nanoco – “remain confident in delivering the board's expectations”… so what?
Self-styled “a world leader in the development and manufacture of cadmium-free quantum dots and other specific nanomaterials emanating from our technology platform”, Nanoco (NANO) has updated including “we remain confident in delivering the board's expectations for our full year results” and “we continue to work with a range of customers and partners on a number of near term potentially transformative technological and commercial activities” – and the shares have responded currently 6.5% higher towards 40p…
- By Steve Moore |
- 13 December 2018, 08:51 |
Tungsten – half-year results,will it go bust & if so how soon?
Business transaction network company Tungsten (TUNG) has announced results for its half-year ended 31st October 2018, including CEO Richard Hurwitz emphasising “we have achieved much in the first half of the financial year to support future revenue growth, including the new customers that we have signed, securing our Italian SdI registration and our partnership with Mastercard”. So why do the shares remain depressed around 32p?...
- By Steve Moore |
- 13 December 2018, 07:31 |
Bacanora Lithium at 26p worth 115p - VSA initiates coverage...whatever
VSA Resources is house broker to Bacanora (BCN) but has visited its operations and come back initiating its coverage with a detailed report, below.
- By Tom Winnifrith |
- 13 December 2018, 04:09 |
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Tom Winnifrith Bearcast: You are going to Hell and your "blog" is toxic say two of my critics
I deal with the critics in turn. The former, a Christian, has me wrong, the latter, a knobhead, is an apologist for enablers of crime. I then look in detail at Purplebricks (PURP) and is inevitable descent to zero, and at the implications of the sad tale of African Battery Metals (ABM). Then it is onto Bonmarche (BON) blaming Brexit for its woes not the crass stupidity of the bird who runs this business of the wider macro picture which she fails to recognise could sink her business completely. I also comment on BCA Marketplace (BCA) and on the pre-Christmas plans of Joshua and myself for today, far more important than this stockmarket malarky.
- By Tom Winnifrith |
- 13 December 2018, 03:07 |
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Bonmarche – “extremely poor” sales, though argues “confident in the strategy” & “well prepared to weather the storm”. Really?
A “Trading Update” from womenswear retailer Bonmarche notes its “forecast assumed that demand would broadly follow the pattern experienced last year when, during the earlier part of November, customers delayed purchases in anticipation of being able to take advantage of Black Friday discounts. However,”... Uh oh…
- By Steve Moore |
- 13 December 2018, 03:05 |
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PZ Cussons - time for a research trip...to Nigeria?
I imagine many readers are thinking about holidays at the moment, be it planned Christmas breaks or something in 2019. I see that TUI (TUI) shares are up 5% today as the company not only confirms a 10% rise in 2018 earnings but also gives guidance for 2019 for a similar proportional increase. Well...
- By Chris Bailey |
- 13 December 2018, 03:00 |
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Catch a Falling Star and Put it in your Pocket: a stale bull writes on Metals Exploration
Catch a falling knife, more like it, you might say applies to investment in Metals Exploration (MTL) where I admit that my buy tips/average down advice to date has not enriched anyone. What a never ending fuck up and yet, having got it so badly wrong I still haven’t given up hope. “:Bonkers,” you say, especially after the shares slumped 90% last week after an institutional holder, believed to be Blackrock, dumped its entire holding of 68 million shares at just 0.2p.
- By Tim Blackstone |
- 13 December 2018, 01:28 |
ShareProphets readers tips for 2018 competition - how's it looking with less than 3 weeks left?
Having asked for readers tips for 2018 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 updates 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 2018)...
- By ShareProphets |
- 13 December 2018, 01:25 |
Ariana – Kizilcukur news & (for “nice” reasons) a stance downgrade
It has been a long time coming, but yesterday shares in AIM-listed gold producer Ariana (AAU) finally hit 1.6p, a price I was happy to buy up to. This latest rise was on the back of news from the company’s Kizilcukur project - 22km from the Kiziltepe processing plant - that a drilling programme is about to start...
- By Nigel Somerville |
- 13 December 2018, 01:20 |
Good News Keeps On Flowing for this Yorkshire Medical Pioneer
Hello Share Swashers. This may be the first time I’ve written three wall-to-wall articles about any company. But yet more positive news has broken from Avacta (AVCT), the medical pioneer. And I think it makes considering this interesting share even more compelling...
- By Malcolm Stacey |
- 13 December 2018, 01:16 |
Directa Plus – following 5 ‘announcements’ within the last 3 weeks; surprise, surprise...
Writing on graphene-based products company Directa Plus (DCTA) in September, I reviewed do road test & CEO share purchase merit the shares soaring? – concluding by noting “recent half-year results from the company showed a €1.75 million loss on revenue of just €0.57 million, with net cash down to €4.6 million. The shares have though currently spiked to circa 70p, capitalising the company at more than £30 million. Caveat emptor. Avoid / sell”. At 11:30am today, “Proposed Placing to raise a minimum of £3 million”…
- By Steve Moore |
- 12 December 2018, 07:50 |