How Rising Temperatures Cause Some Shares to Fall - While Others Could Scorch Ahead
Hello, Share Crashers. As the torrid conditions are set to become even hotter, we should not under-estimate the heat’s effect on our portfolios. Of course, we should not relax our attention to balance sheets, past performance and the like, but those who dismiss climatic factors are misguided.
- By Malcolm Stacey |
- 24 July 2018, 08:18 |
SRT Marine Systems – full-year results admit “disappointed”, but argue ‘expects to measure up to expectations in the near future’. Hmmm…
SRT Marine Systems (SRT) has announced results for its year ended 31st March 2018, with CEO Simon Tucker emphasising, “I am very disappointed with the shortfall in our revenues for the year, which was caused by an unexpected contract change. This does not reflect the excellent operational progress the business has made with regards to product development and sales opportunities. I recognise that we are measured on the profits that SRT delivers and to that end expect SRT to measure up to expectations in the near future”. Hmmm…
- By Steve Moore |
- 23 July 2018, 16:11 |
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Tom Winnifrith Bearcast: I shall make this simple - how close to insolvency is Cabot & are its ex CEO and FD insider dealers?
You have less than a week of me berating you but as we celebrate Optibiotix (OPTI) reaching 100p ( twice) today I ask you to spare a tenner for a great cause. We are more than 80% of the way to hitting our £20,000 walk for Woodlarks target so ahead of 32 miles of pain for myself, Brokerman Dan & Lucian Miers please donate HERE. Elsewhere I look at IQE (IQE), Frontera (FRR), SalvarX (SALV), Pantheon Resources (PANR), Golden Prospect Precious Metals (GPPM) and finally what may be a major scandal at Cabot Energy (CAB).
- By Tom Winnifrith |
- 23 July 2018, 15:38 |
Tungsten Corp – full-year results argue “pleased to report on the progress made”, but balance sheet crunch ahoy?
Tungsten Corp (TUNG) is “pleased to report on the progress made in the delivery of our strategic plan and the next phase in the development of Tungsten Network”, with it stating the first two “Financial Highlights” for its year ended 30th April 2018; “Revenue increased 8% to £33.7 million (FY17: £31.3 million); up 9% at constant exchange rates… EBITDA loss decreased to £4.6 million, a £7.2 million improvement from prior year”. Hmmm…
- By Steve Moore |
- 23 July 2018, 14:54 |
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WinSemi - disastrous earnings report - surely this is very bad news for IQE?
Win Semi is the world's largest GaAs chip foundry and are central to the 3D sensing supply chain. Below you can see the first page of a broker report that came out on Friday which describes its quarterlies as "disastrous". So what? aay the IQE (IQE) bulls.
- By Tom Winnifrith, The Sheriff of AIM |
- 23 July 2018, 14:45 |
You’ve never had it so bad – The Government’s tax grab hits level not seen since 1969
More money for the NHS promises wretched Theresa May, citing a bogus Brexit dividend then ‘fessing up that taxes will have to go up too. And now it seems that bone idle and overpaid teachers are going to get even more money too. But it is not as if taxes are, whatever dumb snowflakes and dumber politicians claim, too low. Au contraire.
- By Tom Winnifrith |
- 23 July 2018, 13:05 |
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More Adam Reynolds humble pie for Cynical Bear as Optibiotix hits 100p & more to come – where’s my ouzo?
First there was his flip flop On Sosandar (SOS) when he ‘fessed that his bearishness was an error. Now Cynical Bear’s much repeated claim in his seven things that won’t happen series, that Optibiotix (OPTI) would not hit 100p is in tatters too as the shares have this morning touched that level. Time for another volte face? And more importantly…
- By Tom Winnifrith |
- 23 July 2018, 11:55 |
Escape Hunt – argues “good financial performance”… but why also included “relative to the number of games rooms opened”?
A trading update from ‘escape the room’ experiences company Escape Hunt (ESC) includes “exceptional customer reviews for the three sites opened earlier this year are translating into good financial performance thus far with revenue and EBITDA contribution, relative to the number of games rooms opened, having met our expectations”. A current 114.5p share price though compares to a 135p placing price when joining AIM in May 2017…
- By Steve Moore |
- 23 July 2018, 11:48 |
The “everything bubble” has put the previous two bubbles to shame
With government, corporate and consumer debt levels at all-time highs, a financial collapse is inevitable. Hundreds of billions of student loan, auto loan, mortgage loans, and credit card debt are unpayable, especially in a rising rate environment. The “everything bubble” has put the previous two bubbles to shame. The thing about bubbles is they always pop. An unsustainable dynamic will not be sustained. The reversion to the mean will leave millions around the globe enraged, and looking for someone to blame other than themselves.
- By David Scott |
- 23 July 2018, 11:46 |
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I have to wonder why any sane person would invest in The People's Operator
A couple of months back I wrote an article HERE suggesting that investors steer well clear of failing AIM company The People’s Operator (TPOP), and there have been a number of developments since then.
- By Gary Newman |
- 23 July 2018, 08:23 |
From Catwalk to Factory and On Sale Fast. That Could Be a Good Way to Sew In Share Value
Hello Share Fans. This family attends our usual pub quiz this week. This is purely because of the music round. This consists of the host playing a squeeze box and a kazoo badly. We're required to 'guess that tune.' Which is only loosely connected to today's subject for your further consideration.
- By Malcolm Stacey |
- 23 July 2018, 08:14 |
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Tom Winnifrith Bearcast- is this ex Jim Mellon stock the biggest joke valuation going?
Ok, I am back from a 22-24 mile walk which I shall write up tomorrow but if you could smell my feet? I know many of you hav e donated to Woodlarks ahead of next Saturday's 32 mile stroll by myself, Brokerman Dan and Lucian Miers and we have now raised £14,267.88 but to those who have not donated, PLEASE DO SO NOW HERE. In today's podcast I discuss the CBI talking Brexit shite again - it does NOT speak for British industry. I remind you we have no house view, ref Sosandar (SOS). I raise two questions arising out of a Saturday lunch Joshua and I had with Highland Natural Resources (HNR), notably who will back my new goat lending business. And I look at an ex Mellon stock, Okyo Pharma (OKYO), its valuation is a 100% rum and coke and I explain why.
- By Tom Winnifrith |
- 22 July 2018, 17:28 |
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Versarien: Perhaps I’m wrong; how good is this wonder product?
Having stuck my todger in the hornet’s nest as Tom so eloquently put it with my first ever piece on Versarien (VRS) (HERE), I thought I would dig a bit deeper into the products as perhaps one can make a case for a £200 million business after all?
- By Cynical Bear |
- 22 July 2018, 10:20 |
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PCG Entertainment: For the love of God, Poulden, do something….anything……just not another placing!
Five months ago, I gave Mr Poulden at PCG Entertainment (PCGE) a slight ribbing as he never seems to achieve anything at PCGE other than a steady decline on the share price of course. He responded rather pompously so I thought it about time to review the exciting recent progress. Funnily enough just yet another bloody placing to report!
- By Cynical Bear |
- 22 July 2018, 09:27 |
Haydale – shares crash again. So much for a placing at 50p, SELL!
Shares in AIM-listed Haydale have been a one-way bet to financial destruction ever since it conducted a placing at 120p (a discount to the then share price of some 32%). In the wake of a trading warning and the stepping aside of its CEO, the stock has now crashed to just 50.5p – the stock gave up a further 14% on Friday alone. The problem is that it needs to get another bailout placing away.
- By Nigel Somerville |
- 22 July 2018, 09:23 |
A third rogue blogger joins the 32 mile Woodlarks Charity walk – now get donating!
Thank God for small mercies. Now we can start a rota on who has to listen to Brokerman Dan blathering on about blockchain and what a frigging genius Clem Chambers is. For now there is a third rogue blogger joining us as we walk the 32 miles from Horse Hill to Woodlarks on July 28. He is a man who knows Horse Hill well…
- By Tom Winnifrith |
- 22 July 2018, 08:23 |
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Thirsty Paul Scott on why Sosandar shares will continue to head higher
Thirsty Paul Scott is meant to be on a sabbatical but has taken time out to post his thoughts on Sosandar (SOS) on a Bulletin Board. While HotStockRockets suggested banking some gains or top slicing on Friday at 34.4p, Paul agrees with Nigel Somerville and reckons the shares are going a lot higher. Whatever one thinks of Thirsty, he knows the retail sector well and opines:
- By Tom Winnifrith |
- 22 July 2018, 04:58 |
Notes from Underground: Investor Favourites
Two investor favourites, Optibiotix (OPTI) and Versarien (VRS) comprised four of the top ten stories.
- By Darren Atwater |
- 22 July 2018, 04:52 |
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Winnileaks strikes again - Julie Meyer files documents with MSFA after her team agree to submit a false resignation date
Oh dear, oh dear, the cutlure of legging over regulators with false submissions at the Ariadne ponzi scheme headed up by Julie "lingerie on expenses" Meyer seems endemic. In this email thread below followed by the filing submitted by Meyer herself we see Malta employee Chris Cachia and ex in house lawyer Peter Bradley discussing how to avoid financial penalties for Ariadne in Malta by not telling the truth about the date a key officer, Peter Hale, actually resigned. Natch I have passed this on to the MFSA for it to consider as part of its ongoing and wide ranging investigatiuons into Ariadne and Ms Meyer.
- By Tom Winnifrith |
- 21 July 2018, 10:21 |
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Long, wrong and deliriously happy - Sosandar still cheap!
I called AIM-listed Sosandar a buy at 13p, moved to hold at 20p and suggested taking a slice of money off the table at 25p (I got over 27p). I still hold a shade over 75% of my holding so I’m still long, but the shares have moved up further to close yesterday at 32.7p, having peaked at 34.7p. So perhaps I was wrong to be such a coward and cash in so quickly. But I am deliriously happy, with a good chunk of my original stake banked, a whopping profit on the rest and seemingly plenty more to come.
- By Nigel Somerville |
- 21 July 2018, 10:20 |