Vin Murria’s Advanced Computer Software (ASW) has released Full Year 2013 numbers which are good but, according to Edison Research, in a note published today, that is only half the story. It sees real upside in the shares.
U308 Holdings (U30P), a company set up and run by my old pal Conrad Windham provides today’s laugh of the day with a statement of pure comic brilliance. I refer to its half year results. Conman should give up on the resource stocks malarkey and do comedy for a living, this is sheer genius.
Range Resources (RRL) has announced that it has increased its acreage in Trinidad by 280,000 acres by farming into Niko’s Guayaguayare block which covers both onshore and offshore areas. House broker Fox Davies says that the farm-in will “provide Range with vast exposure to both onshore and offshore potential and creates excellent synergy between Range’s three existing blocks and the Guayaguayare block”.
Shares in AIM-listed IT services provider Enables IT Group plc (EIT) currently trade further higher today, at 42.5p, following an announcement of a £0.75 million contract win “from a worldwide private healthcare group” to design and build a strategic data centre in the UK. This is a material win in the context of...
The story of AIM cesspit woe that is African Eagle (AFE) continued apace this week with news that all of its assets have been put into a company called Blackdown and that African is to sell 90% of that company for just $100,000. Actually it will not make that much from the sale but more on that later.
Do not all say it at once but I really am a very nice guy. Jim’s company may be suing me for libel but how he pisses away shareholders cash on a case he cannot win is his problem. I write today in defence of Jim Bob. I am truly such a genuinely nice guy it amazes even me sometimes.
Paid for researcher Edison has published a detailed research report on Gulf Keystone (GKP) giving a crumb to the bears but a loaf to the bulls.
AIM listed Office2Office (OFF) served up a trading statement yesterday at 5.31 PM. Yes I missed it and so did many others and the shares have slumped by 45% today to 46p. Analysts at Panmure described the trading update as “dismal” and it is.
But why release it at 5.31 PM after the City has gone home?
Shares in the FTSE-250 exclusive master franchise holder for Domino's pizza stores in the UK, Republic of Ireland, Germany and Switzerland, Domino's Pizza Group plc (DOM) currently trade approaching 7.5% lower, at 619.5p, today on the back of an update for the quarter ended 30th June 2013.
David Lenigas, CEO of Leni Oil & Gas speaks at the UK Investor Show 2013.
As a value investment the InterContinental Hotel Group (IHG) looks hugely overpriced. Understanding the reasons for that and viewing the shares from a ‘momentum’ perspective the shares look attractive.
In the latest of a series of headline grabbing announcements there was plenty for investors to get excited about as the company reported it was “extremely encouraged by further multiple high grade silver samples of up to 3,452g/t”. The more you read on the better it sounded.
There is great celebration in some quarters that AIM shares will be allowed in ISAs – that is all AIM listed shares not just those with a dual listing as was the case in the past. I do not share in these celebrations but regard what has happened as pure folly which will see a transfer of wealth from low and middle income savers to overpaid City folks and overpaid AIM directors.
Following a warning last week from AIM-listed ‘enterprise resource planning’ software, hosting and managed services company K3 Business Technology (KBT) that “continuing order deferrals combined with the phasing of the software element of new wins mean that K3 will report revenue and pre-tax profits below current market forecasts”, independent ( i.e. paid for) researcher Edison has updated its view on the company...
Firstly a declaration that I own some shares in this AIM-listed satellite operator as a speculative investment. Shares in Avanti Communications (AVN) performed very strongly in 2009 and 2010 – reaching 735p in December of the latter year. However, they have since disappointed and currently trade at 250p, capitalising the company at just under £280 million.
FTSE-250 international provider of engineering services to a blue-chip client base in the oil and gas, petrochemical and mining and metals sectors Kentz (KENZ) has updated that its operations worldwide have overall “performed in line with our expectations during the first half of 2013” and that it is “confident of achieving our target of delivering double digit earnings growth in 2013”.
Sefton (SER) has today announced that its June output in Kansas reached 500 barrels. That is up from 450 in May. That sounds good but I suggest that you do the maths because when you do you will realise just how dire this performance is.
Shares in AIM Cesspit listed Silverdell (SID) have been suspended this morning with the company stating: Silverdell has requested a suspension of its shares from trading pending clarification of the Group's financial position. Further announcements will be made as and when appropriate. You think the company is bust right? Well it may well not be but this story is a total scandal as I shall reveal now. If the AIM Regulation team gives a flying xxxx about maintaining an orderly market it will throw the book at Silverdell’s management team.
I have now established fully what has gone on and can exclusively reveal all.
AIM listed Amara Mining (AMA) is the today’s entrant in the “fantasy world of feasibility studies” with an absolute corker relating to its Baomahun project in Sierra Leone. This is beyond a joke.
Jeremy Martin, CEO of Horizonte Minerals, speaks at the UK Investor Show 2013.
Featuring five great share tips plus all the details of the show.
I merely report the facts. Yesterday at 9.30 AM the matched bargain market Britdaq suspended trading in Whetstone (WHET) shares. Why? Well I suspect the clue is that the FCA paid a visit to Aidan Earley. I have not been able to speak to Aidan so just lift from his own blog his account of other events which I do without comment other than to say that I feel genuinely sorry for his wife and kids as it cannot have been pleasant at all. Over to Aidan...
Im am putting off assorting my jumbled thoughts on Neil Woodford and the fraud MySquar (MYSQ) into an ordered presentation but that is for this afternoon. Pro tem I look at Avanti Communications (AVN), IQE (IQE), Mobile Streams (MOS), Nighthawk (HAWK) - off 60% today but still at the very least 80% overvalued - and Leaf Clean Energy (LEAF). If you like bearcasts then remember that at UK Investor on April 21 - THIS SATURDAY - one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH. ORDER NOW and we cannt post but will email you a ticket by tonight.
Falanx Group (FLX) has been “pleased to provide an operational update regarding the integration of the March 2018 acquisition of First Base Technologies and progress with its Cyber Security monitoring platform”…
Like Zac "the Knife" Phillips the City's No 1 oil analyst, I have been calling Nighthawk (HAWK) out as worthless crap for ages and thus today's 'fess up bu the company is yet another vindication, as you can see HERE
Standard-listed AIQ, (AIQ) having shaken off my questions, corrected the record over its directors’ other directorships and supposedly dealt with the lack of stock available which sent the shares sky-high when it first listed has finally got its shares unsuspended as of yesterday. But once again the shares are trading at an absurd level for a cash-shell with perhaps, at absolute best, around 10p a share of cash: at time of writing, and no investments, the spread is 100p – 130p!
Given the rise in oil price that we’ve seen over the past week or so, and the highest levels that it has been at in quite some time, I’m a little surprised to see Savannah Petroleum (SAVP) still languishing at around the 12-month low. With a market cap of nearly £230 million it isn’t as likely to see such large movements as you get on the AIM micro caps, but it is still small enough that I would expect the higher commodity price to have had some impact, given that it produces significant amounts of oil already.
Yesterday, Cynical Bear pointed out what a joke Xeros (XSG), a company trying to revolutionise the world of washing machines and another dog from the Woodford stable was becoming. The Nomad and broker is Jefferies but now you see how Chinese Walls operate.
Oh dear the fat lady needs to get on stage quick. I have been warning you that Nighthawk (HAWK) was worthless toast for ages but as ever the bulletin board savants knew better. Well folks now the company has fessed up. Once again the scoreboard reads: The Sheriff of AIM 5 Morons 0.
I will see many of you at UK INvestor today. This was recorded last night as I struggled with my Neil Woodford talk. On that note I praise Cynical Bear for his amazing work on exposing Nomates but also all my colleagues at ShareProphets as working with them (even Darren) really can be good fun. I look like a bit of a prat selling my AIQ (AIQ) at 45p but a 130p share price at the close on Friday is a scandal and benefits no-one. I discuss what an outrage this is in detail and loom back to a similar bout of madness involving my pals Nick Leslau and Nigel Wray back in the dot com era. That was market madness, this is - I think - a genuine scandal.
Hello Share Chewers. Are we all ready for the big investment show of shows in Westminster on Saturday? I’m really looking forward to it, as I’m of the opinion that private share trading is becoming ever more complicated and we all need more expert advice.
A trip to your local vet these days will show you a waiting room crammed with poorly dogs and cats. The national horde of mutts is growing fast, it seems, to me. And the beaches around here are now absolutely heaving with them. But increasing business for vets doesn’t seem to have lowered their fees much. My local vet is reasonable, but the stories you hear about some other animal medics are horrendous.
ShareProphets AIM-China Filthy Forty investment company Origo Partners (OPP) has updated the market this morning in a series of announcements which look to amount to a complete dog’s breakfast as far as shareholders are concerned. There is a new Nomad which looks to me to have been appointed in suspicious circumstances, there are proposals to change the remuneration of the company’s grotesquely overpaid advisors….and expected realisation amounts will be significantly less than the Company's last reported net asset value. What’s not to like!
Yet another day passes and still AIM-listed Advanced Oncotherapy (AVO) has not answered my questions, and so I ask again – now for the ninth time…..here we go again:
I had to laugh at yesterday’s mid-afternoon “Market Update” from Etaireia Investments (NEX: ETIP) as now that Baron Bloom has left the company, the board has decided to look into a few strange looking transactions of his – transactions that I started flagging over two years ago!
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2017 and thus far in 2018 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
Alcohol drinks brands owner Distil (DIS) has updated including that it is “pleased with the excellent progress made” and that “another leading pub chain with national coverage has listed RedLeg Spiced Rum for its outlets”…
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