From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Latest News

Oil-Rig

Three Mid-Range Oilers to Look at as the Ebony Nectar Price Continues to Shine

Hello, Share Minders. As the price of Brent crude continues to climb, still the big oil companies lag behind the surge. I keep stressing that their share prices will catch up, probably sooner than later. But what about the smaller fish?

IMTK

Imaginatik – “financial performance has improved”, but sufficiently?

Saintly Vin Murria having walked from a potential controlling equity investment and nominated adviser finnCap having resigned seeing the shares suspended, today a “Company Update” from Imaginatik (IMTK) commencing; “Since the company's announcement on 4 June 2018, the company's financial performance has improved”. Hmmm…

Bearcast
premium content

Tom Winnifrith's Bearcast: Big Sofa's boss Liddington is a corporate wanker who should be fired

I have told this to Simon Liddington to his face but my comments merit a wider audience. I apologise for a dire share tip. I have lost £40,000 myself on Big Sofa (BST) and I must take blame for my own decisions. But I also have words for Arden Partners but the buck stops with the pathetic failure Liddington who MUST GO NOW! I also comment on Avanti Communications (AVN), Ryanair (RYA) and on Rosslyn  Data Technologies (RDT) and Avocet (AVM)  

Atomic

We are at that stage of the cycle where bombs are going off

Ten years after the Great Recession’s onset, another long, deep downturn may soon roil the U.S. economy. The high level of asset prices today mirrors the earlier trend in house prices that preceded the 2008 crash; both mispricings reflect long periods of very low real interest rates caused by Federal Reserve policy. Now that interest rates are rising, equity prices will fall, dragging down household wealth, consumer spending and economic activity.

ECK

Eckoh – “significant US contract win worth $7.4m”, but enough to suggest the shares are a buy?

Secure payment and customer contact technology company Eckoh (ECK) is “delighted to have won our largest ever secure payments contract and with such a prestigious client” - and the shares have currently responded 8% higher to 41p…

KEFI
premium content

Kefi – Great news from Ethiopia

Kefi Minerals (KEFI) has announced that, as per the RNS of August 24, it has now signed a binding deal with ANS Mining Share Company which will see ANS invest $30 million for a 23% stake in the Tulu Kapi project (not the PLC). Another $8 million could see that stake go to 29%...

Bear
premium content

5 Slam-Dunk sells for 2018 – September update

Another month has passed, so it is time for another look at my portfolio of AIM stocks which I marked as slam-dunk sells at the beginning of the year. The five in question are UK Oil & Gas (UKOG), Frontera Resources (FRR), Telit (TCM), Inspirit Energy (INSP) and Catanae Innovation (CTEA), formerly Milestone Group. At the last count the portfolio was down by 22% - what is the score now?

GDP

Goldplat – full-year results, underlying progress to translate this year?

Gold recovery and mining company Goldplat (GDP) has announced results for its year ended 30th June 2018, noting that this “was a year during which a lot was achieved which did not translate into increased production or profitability, but Goldplat is confident that this will materialise during FY 2019”

FFX

FairFX Seems a Fair Bet Due to Revenue Growth Without Cutting Its Margins

Hello Share Swiggers. At the 2018 Global Group UK Investor Show, we had a brilliant presentation from a big cheese at FairFX Group (FFX) ie: James Hickman, the firm’s chief commercial officer. Tom was over the moon about it and I think he’s a customer. Tom even picked it out as a goer on the show’s Dragon's Den section. So it’s pleasant to report that the company continues to shine.

OMI
premium content

Sell Orosur Mining before the hype over the Newmont deal subsides

Orosur Mining (OMI) has been a big disappointment for me as it was one of the small AIM miners which I thought had a chance of actually going on to bigger things.

Bearcast
premium content

Tom Winnifrith Bearcast - Musk, May and (other) madness

In today's podcast I discuss the latest news from Elon Musk and Tesla (TSLA) and why it is still a short, Theresa May trying to woo the wrong businessmen, gender pay gap bollocks in the Mail on Sunday and the theft Bulletin Board Morons approve of and ADVFN (AFN) cuts its own throat by not tackling, copyright theft.

Chocolate-Teapot
premium content

FinnCrap - a disgrace to the City

Some of you will be aware of my whining about market makers and house broker games played out on the trading floor of AIM. I am sure some of you think these are merely conspiracy theories of a blogger and attempted to explain negative share price movements on a particular day. I'm not going to rehash my market maker theory again, instead, lets discuss a the role of a house broker, I guess these creatures are right at the top of the tree, along with bankers, as a breed of creatures we hate because we feel they cannot be trusted, and yet we are effectively held to ransomed because of the duty they perform.

OPP
premium content

KERBOOM, KERPOW! Origo Interims part 2 – hero Chapman rightly blasts the old regime again

In part 1 of this expose we saw that the new board of AIM-listed Origo (OPP) had spent time getting to grips with the trainwreck of a company left behind by previous management. New chairman, John Chapman was not mincing his words as he told us that company records were missing, such as the due diligence and investment rationale for the company’s investments – as were some of the investments, “expenses” had been paid to someone who left the scene four years ago and that the old guard  including its Nomad had been understandably reluctant to hand over the keys. Now let’s look at some of Origo’s portfolio.

NIPT
premium content

Premaitha – results, placing and the sheer uselessness of broker Finncap - wankers

Tom Winnifrith writes and has also discussed this in bearcast HERE: We ordinary shareholders in Premaitha (NIPT) have suffered for many years and shown enormous loyalty. News released well after the market close of a £2.5 million placing at 10p might thus seem like a kick in the teeth by a management treating us with contempt. I am afraid the story is far worse.

IMTK

Move over Mystic Meg, all hail Canaccord!

As avid readers of ShareProphets will know, we have been bearish on Imaginatik (IMTK) for ever – firstly for being a duff business, secondly for being a Rob Terry of Quindell infamy stock market darling and more recently because it was going to run out of cash. Despite all that, we almost tipped it as a short term play when the saintly Vin Murria was announced to be considering getting involved but were scared off big time by the share price reaction (the stock shot through the roof) and advised many times that readers give it a wide berth, partly because they would be over-paying and partly because Vin Murria could walk.

HAYD

Haydale: now a director is selling - follow the lead

Yesterday afternoon while the city was tuning in to the Ryder Cup, AIM-listed Haydale (HAYD) released an RNS announcing the sale of 38,233 shares (about 7.7% of his holding) by director Ray Gibbs – the CEO who announced his intention to step down in June on the back of a profit warning – on 26th September, the day before Hardman issued its after-hours ramptastic buy note.

Professor

Sunday Long Reads: Instant Noodles, Facebook, London Bridge, Bog Murders, Trump Transition

Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles.  

OPP
premium content

KERBOOM!!! KERPOW!!! MAJOR AIM SCANDAL: hero Chairman John Chapman blows the lid on previous board and advisers at Origo – part 1

I commented back in June, when ShareProphets AIM-China Filthy Forty investment company Origo Partners (OPP) announced its FY17 results that I underestimated the new board of Origo after new Chairman John Chapman tore into the investments made under the old board and advisers. Yesterday, as Origo got its interims out on deadline day, John Chapman tore into the old crew even more. The attack (totally justified, in my humble opinion) is astonishing – no “old school tie” behaviour here, it is utterly devastating. Mind you, given that the (now former) investment adviser had coined it to the tune of $31 million in performance payments by the end of 2014, and now Origo’s shareholders have just $13.6 million to share between them (as opposed to $81 million as at June 2017) with no dividends one has to think Mr Chapman has a point. Will AIM Regulation act? (Don’t laugh too loud….)

Newsboy

Notes from Underground: Fraud Follies

Part of the problem with the mainstream press these days is the lack of follow-up. Sure, they love to blow the latest scandal out of all proportion but weeks or months later when the authorities have delivered their reports, they have moved on to the next thing.

Clown_Funeral

DEADLINE MIDNIGHT TODAY (SAT) One final chance for Juicin to win a semi naked photo of Thirsty Paul Scott in Bulletin Board Moron of the week

Having demanded we bring back this contest, once again, Juicin Drumroll failed to win last week but he came second and tried very hard as you can see HERE. So he is clearly desperate to win a semi naked photo of Britain's leading share blogger before lunchtime, Thirsty Paul Scott. So we will give him a sixth and final chance. Can anyone stop Juicin from winning this week? Okay here is the challenge for you all:

Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

Most Read in the Past Seven Days

That Was the Week that Was

 

ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

Time left: 16:43:46