Get your free seat to meet Mark Slater, the UK’s top fund manager of the past decade and hear what he is buying in EXACTLY 11 days’ time
WYG – after profit warning, CFO walking, now 0.6p dividend cancelled as covenant breach waived (for now). Sell.
Verseon Placing : Neil Woodford spunks $10m investor cash (again) at wrong price – all that is rotten in his failing empire
At 5.09pm last night, no-one-is-watching o’clock (natch), The People’s Operator (TPOP) announced that it had filed a notice of intention to appoint administrators – we are told this will happen within ten days. Of course, readers of ShareProphets have known this was coming for some time (not that the company has been falling over itself to make that clear). The decision was taken on New Year’s Eve – so how on earth did it take until 5.09pm yesterday to announce it (after everybody had gone home for the night)?
AIM-listed The People’s Operator (TPOP) (until Thursday, but suspended) issued a statement at 6.24pm on Friday to update shareholders on its listing status (no Nomad and due to be booted to the great stockmarket in the Sky on 3 January) and its financial position. A prime example of a no-one-is-watching o’clock RNS – and read it carefully and it is clear that the Grim Reaper is hovering, and will strike imminently...
Just when you thought it was dead, wrote Gary Newman on 5 December 2018. Clearly some people were on the pitch – they think its all over. Well, it is now! Last night at 5.40pm AIM-listed The People’s Operator (TPOP) announced the resignation of FinnCrap as its Nomad. That should have given this POS a month to find a new one, but since it has been suspended since failing to produce its FY17 accounts, it will be booted off the Casino on January 3rd.
I was somewhat surprised to see an RNS pop up from The People’s Operator (TPOP) at 6pm yesterday evening announcing fundraising, as I thought that we had seen the last of this outfit and the next news we’d see would be administration...
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.
The People’s Operator (TPOP) is one of a number of AIM companies where you have to wonder whether there is really any point in it continuing to stay in business, other than generating fees for its brokers.
The People’s Operator (TPOP) is one of those AIM companies where it is hard to see how it will survive in the longer term, and unless things somehow alter dramatically, the recent changes will only delay the inevitable.
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
The Stock Exchange today took the unusual step of suspending trading in shares in The People's Operator (TPOP) under rule 1510. So what is going on?
“The People's Operator (TPOP), the cause-based commercial mobile virtual network operator, is pleased to announce its full year results for the period ended 31 December 2016”. Hmmm, these being announced approaching six months after the year-end – rarely a good sign…
The People’s Operator (TPOP) was once a favourite with private investors but its share price has taken a tumble since the latter part of 2016. However, I believe that it is still well over-priced at its current level.
By shortly after 10 AM today shares in The People's Operator (TPOP) had crashed by 30% from 16.5p mid to just 11.5p. By midday there had been a marginal recovery as some morons went bottom fishing. But there had been fewer than 50,000 shares traded. At 12.33 PM the company published a catastrophic RNS. If this is not insider dealing what is?
Search ShareProphets |
Recent Comments |