Fevertree (FEVR) has issued a trading update, which seems to read well, but the shares are down and will fall further. Let me explain.
The Greek Hovel is now, after eight years, complete. No longer a hovel, it is a luxury eco palace, with a pool operational from early June until the end of September, a massive library and all mod cons. The thick stone walls keep it cool in the summer and warm in the winter. If you fancy splendid isolation in the Paddy Leigh Fermor land of the Mani, it is the place to be. And it is now available for rent, as you can see below.
In today's podcast, I suggest 3 questions you should ask of a certain speaker at UK Investor, and I shall be very proud of anyone who has the nerve to do so! I look at Eurasia Mining (EUA); Kavango Resources (KAV), run by flip-flop, Ben Turney; Strip Tinning (STG); Deepverge (DVRG); Audioboom (BOOM); and Nanosynth (NNN), where I slash my target price to 0.1p. 95% of you have yet to donate to Rogue Bloggers for Woodlarks. Come on, I am sure you can spare a tenner - please do give HERE.
Bitcoin did not crash during Q1; that happened later. As such, today's Q1 numbers are irrelevant. Even so, as you would expect from the scallywags who run this company, Argo serves up a masterclass in the study of what a “profit” is. It is, of course, just a matter of opinion.
Thanks to Yair Tauman, he is no longer able to draw a £300,000 salary and an even bigger expense account at ADVFN (AFN), so what now for Clem Chambrs? There was the hilarious attempt to stag the disastrous IPO of Lift Global Ventures, but a man needs more in life. So as you can see below Clem is now a celebrated artist with his work showing later this week in a "flash" exhibition in Paris. In case you are in Frogland I also bring you a couple of Clem's masterpieces. They don't float my boat but maybe you have a "different" taste?
On Monday 16 May at 7.40 AM, shares in AIM listed Bulletin board darling Eurasia Mining (EUA) were temporarily suspended at just under 8p “pending an announcement.” At 6.18PM on Tuesday 17th (today) came that announcement. Eurasia “confirms it has no material new developments to notify” and so trading will resume on Wednesday 18th. So the shares were suspended for two days for an announcement that nothing had changed. That is insane. It gets more insane.
Lucian Miers’ (the bear raider) top three UK short positions are:
In today's podcast, I look at: Vast Resources (VAST) and the bogus bear squeeze; Eurasia Mining (EUA); Powerhouse Energy (PHE); Kinovo (KINO) and the fallout from my scoop yesterday, which is now confirmed; Made.com (MADE); and why Petropavlovsk (POG) is a zero. Also, do grab a (free) ticket to UK Investor on Saturday; tomorrow, I shall give the question you must ask one of the presenters. The Rogue Bloggers for Woodlarks have now raised 21% of their target. To the 95% of listeners yet to donate, please do so HERE.
30-year mining veteran, "Andy", discusses how everything in markets comes down to supply and demand. Logistics, contracts, and shipping are all essential factors in trade. Markets are complex, and risk mitigation is important, especially with the fluctuating prices of commodities. Sometimes, margins are tight, and companies can easily lose money - particularly if they're not hedged accordingly.
I may have, in the past, suggested that Mr David Lenigas was a shameless spiv who promoted worthless penny shares via either dramatic exaggeration or, as in the case of UK Oil & Gas (UKOG) even worse. I may have suggested that Big Dave talks out of his posterior and should be whipped out of town and sent back to his native Australia where the core DNA will make him feel right at home. If so, I apologise.
