A reliable City source tells me that Reabold (RBD) spent much of yesterday attempting to get a £10 million fund raising away.  If this is the case it is going to have to be at a steep discount and the shares are trading down 9% at 0.75p-0.85p indicating something is afoot. I have contacted house broker Turner Pope giving it the chance to deny and…

I smiled at yesterday’s announcement from Woodford Patient Capital Trust (WPCT) summarising the “summer of milestones” achieved across the portfolio as I imagine that is just buttering up the audience before the bevy of bad news hits. From my point of view, September is going to be a hellish month for Mr Woodford so welcome to ‘I-Spy Woodford’s September Hell’

I see the housebuilders got another share price stuffing yesterday on fears that the Help to Buy policy (which I have lampooned on this website recently here) might come to an end. I see the updates today from Barratt Developments (BDEV) and Berkeley Group (BKG) have hardly reignited the shares despite all sorts of 'record results' comments from the former. Well when the average house price is around six times income (and a way higher multiple in London) then value there is not. However...

Hello Share Wishers. What a thundering disappointment banks have been. You would have thought that the huge recovery most Footsie shares have seen since the 2008 crash, would have catapulted banks back where they were pre-disaster. But are they Buckland Abbey!

A 10:19am “Fleet Business Unit Update” from Seeing Machines (SEE) would seem innocuous enough, but I note it follows an update last month of sales revenue at the lower end of a lower range and “gross margin is expected to be below the board's expectations”. Hmmm…

I do not apologise for a second for advising folks to top slice Optibiotix (OPTI) at 131p but today the company has served up news which shows why it was right to hang onto at least part of your holding ( and we have held onto 6/7 of ours). Today’s release is big and does not use the Adam Reynolds keyboard – there are real numbers and big numbers.

Having previously really taken the biscuit with its 2016 ‘bury bad news’ Christmas sweepstake effort, today an intra-day (10:35am) “Trading and Business Update” from TLA Worldwide (TLA). I suggest these factors don’t bode well…

Previously writing, in May, on Velocity Composites (VEL) it was less than a year since AIM IPO, it’s another profit warning!. Now a further “Trading Update”…

It is nearly six months since I last mused about the advertising behemoth WPP (WPP) HERE and it has not got any easier, even if its legendary founder Martin Sorrell did the decent thing and exited stage left...eventually. More on the great advertising man in a minute, but we all know that the key with this space (as with most sectors) is to underpromise and overdeliver. That in a nutshell is the challenge for the company's new CEO Mark Read, a company insider tasked with taking over the advertising company that Martin built…

ShareProphets AIM-China Filthy Forty play Walcom (WALG) – one of just seven remaining – announced yesterday that its largest customer had at last ponied up some cash. But it is only to the tune of about £34,000. Against a further approx. £632,000 owed and overdue, and another approx. £92,000 falling due by mid-month, that is a drop in the ocean.

All of the focus has been on Hurricane Energy’s (HUR) Lancaster licence, and although its other assets looked very good I wasn’t expecting further progress quite so quickly.

Fleet and passenger systems company 21st Century Technology (C21) has announced results for the first half of 2018, emphasising “the group has generated increased sales, gross profit and operating profit” and “expect our improved performance to continue”. What’s the detail then?...

Hello, Share Smashers. It is with some nervousness that I hold onto my Biome (BIOM) shares. They’re now worth quite a lot which is always a difficult stage with penny shares. Especially ones which have previously cost me a lot of dough.

Previously writing on ‘live data platform’ company WANdisco (WAND) early this year, I concluded with the shares having recovered to circa 800p that I continued to avoid and wait and see how the financial playing-out of ‘the opportunity in front’ of the company progresses before considering a more positive stance. Today a “Trading Update”…

Heck: maybe it is time to give up this game and become a goat-herd here in Greece after all. I despair at today's AIM Cesspit antics involving market abuser Justin the Clown and his employers at Vox markets who appear not to care, Andalas (ADL) and Frontera (FRR) as they all mislead investors who appear happy to be duped and to lose money as the bandits prosper.

Footasylum (FOOT) IPO’d on AIM in November at 164p, with CEO Clare Nesbitt stating we “look forward to delivering the significant potential that we see for Footasylum as a quoted business” and “are delighted that our product-led, multi-channel expansion strategy has resonated so strongly with investors”. I though questioned on competition and disposable income challenges, and concluded that the valuation looked too rich. There then followed deviation from the IPO expectations and now a “Trading Statement” update…

I’m not really one for almost daily updates on stocks I’m interested in but with Biome Technologies (BIOM) putting its interims out this morning, I thought I should update on my top-slice advice from two weeks ago (HERE). In short, promising news on the bioplastics side makes me tempted to hold for gold.

Impeachment is freighted with anxious connotations for many Americans, who remember the tumultuous end of the Nixon administration in August 1974 and the national mood at the time. From a capital markets perspective, it was also a grim period. The S&P 500 fell 26% in 1974, tagging on to a 14% drop the prior year. 2018 is not 1974 as the US entered a deep recession in 1973 on the back of much higher oil prices (caused by a shooting war in the Middle East and Saudi embargo) and a weaker dollar (which ended a global system of fixed exchange rates). Now, we have 20% earnings growth in 2018, a good economy, low/stable interest rates and a rising dollar. From a macroeconomic standpoint, things are very different indeed. But I have little doubt that a political event on the scale of a presidential impeachment would roil markets until the issue was resolved.

I think Dechra Pharmaceuticals (DPH) was the first initial public offering I looked at as a junior analyst on a hedge fund many years ago. It was a bit on the small side for us if I recall, but the essential business of specialist veterinary pharmaceutical products seemed quite sensible to me. After all we love animals almost more than anything else, right?

AIM-listed rampathon Frontera Resources (FRR) has announced yet another ramptastic update this morning. Apparently it has entered into Non-Disclosure and Data Exchange Agreements with two industry majors and is currently progressing with technical work and commercial discussions regarding possible transactions involving a farmout or joint operating arrangement within its Block 12 holdings in Georgia but discussions are at an early stage. Righty-ho. The market has gone bananas this morning, marking the shares up by as much at 34% - very handy, for Frontera needs to get a placing away pronto. But Waseem Shakoor has been wondering what happened to the $3 million funding?