Keyword results: ACHL

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ShareProphets AIM-China Filthy Forty Update – unspeakable in pursuit of inedible edition

With the demise of the twenty-fifth Filthy Forty listing, Asian Citrus (ACHL), as of this morning there are just 15 of our motley crew remaining listed on the Casino – and one of those, MoneySwap (SWAP), has now been suspended for more than six months, but it seems the Oxymorons have decided not to apply AIM Rule 41.

Filthy Forty Asian Citrus – Hooray: next AIM Execution at close today. Who drank all the Ouzo?

We have already seen three AIM departures this week – and it is only Tuesday. RapidCloud (RCI) and CloudTag (CTAG) were booted off after their Nomads departed and a replacement wasn’t found within a month, and North River Resources (NRRP) delisted because it couldn’t raise cash. Today it looks set to be the turn of ShareProphets AIM-China Filthy Forty Asian Citrus (ACHL) as, amid allegations which look to amount to ones of fraud, the company has admitted that it can’t get overdue accounts out - and so the Filthy Forty will be down to a mere 15.

RCI
RCI

AIM still shrinking as another two bite the dust and more to come this week

As at the end of February the number of companies listed on AIM had fallen to 973 – down from 982 at the end of 2016. Having seen 7 new admissions in the first two months of this year, that means that 16 companies disappeared off into the ether during the same period and the world’s most successful growth market has shrunk back to levels not seen since 2004 in terms of the number of companies listed. This morning saw the demise of Rapidcloud (RCI) and North RiverResources (NRRP).

Filthy Forty – Ouzo on ice as it’s eyes down for the next AIM-China execution.

AIM Death Row long-termer and ShareProphets AIM-China Filthy Forty play Asian Citrus (ACHL) was suspended pending accounts way back on 28 September last year after its auditor demanded further testing, including visits to the company’s banks to see the bank statements first hand in the wake of allegations that the books had a few, ahem, “anomalies”.

Filthy Forty Asian Citrus: Bullsh** RNS, it’s AIM execution ahoy - TW senior’s ouzo lined up for another hit

ShareProphets AIM-China Filthy Forty play Asian Citrus (ACHL) has offered yet another update on its delayed (due to allegations which looks like accusations of fraud) FY16 results. Having tried ever so hard to obtain relevant information and to facilitate additional audit procedures (ie visits to the banks in person) the company has announced that it has initiated legal proceedings to remove relevant senior management members of the relevant subsidiaries. With the shares having been suspended since 28 September execution after six months as long-termers on AIM’s Death Row is scheduled for 29 March. The company cheerfully tells us that the implementation of such changes may take time – ShareProphets RNS Translation Service: it’s delisting ahoy.

Filthy Forty Asian Citrus – now interims delayed as Casino eviction draws ever closer

ShareProphets AIM-China Filthy Forty poster-boy Asian Citrus (ACHL) updated the market yesterday that in the light of ongoing allegations of fraud which have thus far prevented release of audited accounts for the year to June 2016, it has now concluded that it won’t get its interims to December out on time either. The shares have been suspended since September 28 last year and now with two sets of numbers outstanding and a deadline under AIM Rules of the 28th of this month to meet or face expulsion from the Casino the fat lady is already humming  a merry tune as she gets the lethal injection ready.

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ShareProphets China AIM 'Filthy Forty' update – good riddance Jiasen edition

Since our 24th September previous update, another ShareProphets China AIM 'Filthy Forty' company has followed Geong International and co in 'Geong, Geong' and then Gone - and another has been suspended...

Filthy Forty Asian Citrus – (lack of) progress on fraud allegations as Aim execution looms in four weeks

ShareProphets AIM-China Filthy Forty carcass number 24 was taken away from Paternoster (death) Row last night in the form of Jiasen International (JSI). But yesterday the race to become number 25 hotted up as Asian Citrus Holdings (ACHL) gave an update on the lack of progress made in resolving allegations of fraud which its auditor wants to look in to before signing off overdue accounts. With four weeks to go before a one-way trip to the lethal injection room is triggered by reaching the maximum six month suspension period, progress in resolving matters seems to have been non-existent.

JSI
JSI

Jiasen - less than 3 hours to get out, bid price now just 0.25p

Shares in ShareProphets AIM-Chnia Filthy Forty play Jiasen (JSI) have now slipped to just 0.25p on the bid. Our advice is still to get out while you still can, but time is running out.

JSI
JSI

Filthy Forty Jiasen – tick-tock, tick-tock, it really is bag of Walkers o’clock

The 24th delisting from the ShareProphets AIM-China Filthy Forty is almost upon us, for shareholders in Fujian Province-based Jiasen (JSI) voted through proposals to depart the Casino at a General Meeting on the 15th of this month, with the company’s exit scheduled for next Tuesday. Anyone still holding has less than four trading sessions left to get out.

Filthy Forty – the race to execution #24 hots up

That the ShareProphets AIM-China Filthy Forty is already down to just 17 members is, of course, a shocking indictment. 23 AIM departures later, we have been waiting for number 24 for quite some while but it looks as though the two front runners are battling it out to the finish line. Not to be outdone by MoneySwap (SWAP) and its Tuesday suspension update, Asian Citrus (ACHL) followed suit yesterday. Both are overdue with accounts, one perhaps to do with solvency and the other over allegations made which read to me like allegations of fraud.

China fraud MoneySwap – another short term bailout loan means the parrot can rest a little longer

Yesterday ShareProphets AIM-China Filthy Forty play MoneySwap (SWAP) updated on its parlous financial position and the long-promised recapitalisation rescue. It has borrowed a bit more urgent financing, but warned investors that it’s suspension from trading on AIM (since 21 September last year) now has less than two months to run before the company is led to the AIM execution chamber.

Filthy Forty Asian Citrus – still no progress on fraud allegations as AIM execution beckons

ShareProphets AIM-China Filthy Forty purveyor of biblical plagues Asian Citrus Holdings (ACHL) has updated on the long saga of its audit investigation into allegations which suggest fraud. It seems there is little progress, if any, to report as the company hurtles towards the six month mark in suspension from trading, and execution under AIM Rules 41.

Father Christmas

And the winner of this Year’s ShareProphets “bury bad news” Christmas sweepstake is…

Bah, humbug! Last year’s final trading session before Christmas saw the RNS system take an early bath, but this year it was in full flow right through to 6.30pm, even though the markets closed at 12.30. So who slipped out bad news as everyone was off doing their last minute Christmas shopping? And who went the extra mile by leaving the release of bad news right into the evening? We had some cracking entries on that score, and we have a winner to announce as regards the sweepstake.

China fraud Asian Citrus – treating AIM shareholders as second class citizens

The Red Flags plastered all over the currently suspended pending accounts ShareProphets AIM-China Filthy Forty play Asian Citrus Holdings (ACHL) can all be found HERE and the latest development is that it has now called its AGM – still with no accounts published – on 28 December, right in the middle of the Christmas and New Year break. I guess the board is saving precious shareholder cash in that it will be able to book a very small room.

Filthy Forty Asian Citrus – update on Fraud allegations. Oh dear, oh dear, oh dear….

Back on 29 September ShareProphets AIM-China Filthy Forty purveyor of Biblical plagues and rotten oranges Asian Citrus (ACHL) announced that its shares were being suspended pending an audit investigation of allegations which appeared to amount to potential fraud. This morning we had an update: it does not look good.

Filthy Forty – Taihua Interims and two rather large RED FLAGs

Well, all of the remaining ShareProphets AIM-China Filthy Forty got their numbers out yesterday - with the exception, of course, of the now suspended MoneySwap (SWAP) and Asian Citrus (ACHL) whose auditor is taking a rather close look at the bank accounts. The ouzo will have to wait, but the pop-corn went down well anyway. Included in the last-minute Charlies was Taihua (TAIH) and a rather large looking Red Flag is to be found here. Let me explain….

Filthy Forty Asian Citrus – a FRAUD as shares are suspended?

Strike two. The September reporting season has just taken its second victim of the 17 remaining members of the ShareProphets AIM-China Filthy Forty. Asian Citrus (ACHL) has announced that it can’t get its numbers out by tomorrow’s deadline for the HK Stock Exchange in the wake of allegations over conflicting bank statements and books which have triggered further audit work so as to get to the bottom of it. Thus the shares are to remain suspended over here (having had the plug pulled yesterday lunch time, “pending an announcement”). Oh dear Mr Marcus Stuttard, the Sham Sheriff of AIM, surely this could not be yet another China FRAUD on the Filthy Forty coming to light, could it? But I thought there was no problem of fraud on AIM….

Bearcast

Tom Winnifrith Bearcast: Happy Anniversary Mr Monk but you are 100% WRONG on Aquatic it is a Norfolk

I wish Andrew Monk a happy wedding anniversary today but surely his fragrant wife should have got time off for good behaviour. But Monk is wrong on Aquatic Foods (AFG) it is a Norfolk, its interims out today make that 100% clear and I explain why. I note the suspension of Asian Citrus (ACHL) and I pose a new challenge to LGO Energy (LGO) about output and sales numbers which really do not add up. I look at RapidCloud (RCI) whose interims suggest a terminal conclusion and Zincox (ZOX) where a pompous chairman seems in denial about the grim outcome that lies ahead.

Filthy 40 Asian Citrus moves into property. How much cash is left?

My thanks go to Cynical Bear for spotting the latest missive from the ShareProphets AIM-China Filthy Forty purveyor of biblical plagues, Asian Citrus (ACHL). Having seen a pretty complete disaster unfold over the last few years, the company has decided to make a move into the property game in order to broaden the sources of income and to boost the business performance of the group. Call me a cynic: given the history of natural disasters, plague, locusts and invasions by Martians, how long will it be before the buildings in question are found to be suffering from concrete cancer?

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Filthy Forty AIM Casino Elimination Stakes – update as the race enters the final stages

I previously highlighted that a good few of the twenty remaining ShareProphets AIM-China Filthy Forty faced a reporting deadline of Thursday this week, 30 June. In honour of Royal Ascot we ran a poll which showed that readers of ShareProphets reckoned on two or three suspensions/delistings to come over the next (now) just under three weeks. The race has now entered the final three furlongs…how are the runners and riders looking?

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Filthy Forty – news from the Norfolk Province of AIM as reporting deadline looms

The ShareProphets AIM-China Filthy Forty is already down to just 20 AIM-listed companies, with a further three currently suspended. The calendar FY2015 reporting deadline is now looming (30 June), which last year saw a splurge of suspensions and Nomad resignations as companies either failed to report or their advisers decided enough was enough. But we’ve had a good few RNSs in the last few days, so it is time for a rancid round-up!

Bearcast

Tom Winnifrith Bearcast: 3 China frauds, Golden Saint scam and Jim Mellon's Port Erin

I start with more news on frigana cutting. I am a sweaty wreck after a day of mega slashing as I "take it out" on various folks in the City. Then I cover Asian Citrus (ACHL), Jiasen (JSI) and Taihua (TAIH) before I move onto Johnny Hon and R4E (R4E) then the scams and scum at Golden Saint Resources (GSR) - why won't PR fecking genius Steffi tell us about her shares? Then it is onto doomed Outsourcery (OUT) and then, as we expect more news tonight on Uramin, I ask a few questions about Port Erin (PEBI) another vehicle of my friend Jim Mellon. Oh and there is bad news for a company trying hard to bring jobs and wealth to the grim Northern welfare safaris, DX Group (DX). Moral of the story, let them rot, stick to doing business in the hard working South.

Bearcast

Tom Winnifrith Bearcast 31 March - Gable, Asian Citrus & LGO - going down the pan edition

A short bearcast as I am set to fly back to the UK soon. Shame, shame. I start with earnings visibility looking at Gable (GAH) and Asian Citrus (ACHL). One is a shite investment the other is going down the pan completely. Then it is onto LGO Energy (LGO) which, with the curse of Lenigas, is in the latter category. I explain why BP rumours are just bollocks.

China AIM Not quite a Fraud Asian Citrus Interims – plague upon all its houses

ShareProphets AIM-China Filthy Forty company Asian Citrus Holdings (ACHL) released its interims to Dec 2015 on Friday. They made grim reading as the effects of Huanglongbing disease, bad weather as well as frogs, locusts, Martians and any other plagues one might care to think of all took their toll. This must be the unluckiest company in orange growing history. 

Bearcast

Tom Winnifrith Bearcast 28 January: Im still in Bristol & The Mrs is in the doghouse

The Mrs got a little confused and as a result she is in the doghouse and I am still in Bristol. I hope to arrive in Warwickshire to see my father this evening. Back on the markets Mellon-madness has broken out. I examine the joke that is the Condor Gold (CNR) ramp and also FastForward (FFWD). My pal Jim Mellon is clever..but not that clever. It is then onto worthless POS Arian Silver (AGQ), Asian Citrus (ACHL), Ten Alps (TAL) and the wider issue of earnings visibility discussed here. My Avanti Communications (AVN) reference is HERE and that is it for today.

A lesson for Inspirit from the Filthy Forty

Just to be helpful to AIM-listed Inspirit Energy (INSP), here is how ShareProphets Filthy Forty member Asian Citrus (ACH) announced a change of Auditor earlier today:

Bearcast

Tom Winnifrith Bearcast 18 December: Pensioner mugger WH Ireland time to face Karma

I am still on the prescription pain killers as you may be able to guess. And I am still pondering what to get the Mrs for Christmas - any ideas please post away in the comments section. I end with a question for Jabba The Hutt and Afriag (AFRI): tell me David Lenigas what is happening on January 20 2016? In the podcast I cover Infrastrata (INFA), disappointing news from Armadale Capital (ACP), Inspirit (INSP), Octagonal (OCT) - two John Gunn /Lenigas creations - Asian Citrus (ACHL), eServGlobal (ESG), Impact Holdings (IHUK) and ask the question could WH Ireland (WHI) - full dossier on its sins HERE -  run out of free cash soon? The answer after today is that the pensioner muggers could well do so. Karma.

Asian Citrus: better late than never but still piss poor

Well, it’s official. Asian Citrus (ACHL) submitted its final results for the year up to June 2015 on September 30. About time too. September 25 had been the original date. Irritatingly, as it was released with some hours to spare, investors missed the spectacle of a truly last minute Jeremy-Corbyn-esque submission of the required documents. Feeling he had missed out, this particular writer decided to play “Yakkety Sax” while reading the report and happy he owns no shares in Citrus

Results round-up a festival of AIM-China Red Flags at the end a festy fortnight on the Filthy Forty.

Phew, what a scorcher! The heat really was turned up on the ShareProphets AIM-China Filthy Forty over the past two weeks. Last week we had one AIM-execution,  a suspension (and subsequent restoration) as Vmoto (VMT) announced a transaction which we find less than credible (HERE) and results from Jiasen (JSI) which prompted Tom Winnifrith to present us with a choice that he was a banana or Jiasen is a fraud. And JQW (JQW) had its operations suspended by the Chinese authorities for contraventions of advertising and pyramid-selling regulations before releasing less than convincing interims. This week saw fourteen of the Filthy Forty racing to the line to get results filed by close of play Wednesday so as to avoid automatic suspension, two of which added to the overcrowding problem on AIM’s Death Row as their Nomad quit. Here is the ShareProphets  round-up of AIM-China Red Flags served up this past week.

DAN
DAN

ShareProphets ID Parade: companies still to report numbers on deadline day as suspension looms.

We started the week awaiting interims and FY results from 14 of the ShareProphets AIM-China Filthy Forty. Following this morning’s round of 7am RNSs, who is still to report? And there is one other we await with considerable interest – the FY results from Daniel Stewart (DAN). Any of the companies which fails to report by the end of the day will be suspended from trading on the Casino.

GNG
GNG

ShareProphets AIM-China Filthy Forty: who will be next to join the AIM-Casino Death Row?

As flagged up at the weekend HERE there were fourteen AIM-China stocks still to report by the deadline of tomorrow (Weds). It is now Tuesday and we have had just three so far- China New Energy (CNEL), GTS Chemical (GTS) and Asia Ceramics (ACHP). More on those to follow. But already we have had another one join Sino-Casino Death Row in the form of Camkids (CAMK) (see HERE).

GNG
GNG

Filthy Forty – more fun and games to come this week as 14 reporting deadlines loom

It was a storming week last week on the ShareProphets AIM-China Filthy Forty. But there is more to come, for Wednesday sees the end of the month and the reporting deadline for any company with a half year to the end of June, or a full year to the end of March. So what is there to look forward to?

Asian Citrus – FY15 results delay

Just when we thought the whiffy week on the ShareProphets AIM-China Filthy Forty had served up the final course of the abominable banquet, up popped Asian Citrus Holdings Ltd (ACHL) with the petits fours. Its final results for the year to June 2015 – due to have been released yesterday – have been delayed. Uh oh….

Panda

Zak Mir's Great Request Show: Filthy 40 Special

It would appear to be an interesting exercise to see whether from a charting perspective the AIM Casino China Filthy Forty are indeed as filthy as they appear. So let's start with one which looks to be heading towards death row.

Panda

George Osborne, what planet are you on? Ref AIM China FRAUD

This week George Osborne was merrily tweeting away that he was Delighted we have agreed with China to look into benefits of connecting UK and China stock markets. He’s clearly had a whale of a time in China, but I fancy he’s got no idea of the dangers of what he’s doing. With the ShareProphets AIM-China Filthy Forty turning up scandal after scandal, what on earth does he think he is doing?

Bearcast

Tom Winnifrith Bearcast 9 September - more nonsense from and questions for Quindell

I start by clarifying certain rumous circulating that I am starting new businesses or getting involved with those who do. Au contraire. Very much au ffing contraire. Then it is onto today's ludicrous announcement from Quindell (QPP). I also cover Sefton Resources (SER), Goals Soccer Centres (GOAL), Auhua Clean Energy (ACE) - a dirty AIM dog if I ever I saw one - Asian Citrus (ACHL), Aquatic Foods (AFG), Daniel Stewart (DAN), Iofina (IOF) and of course Monitise (MONI).

Listen to the Bearcast:
SXX
SXX

Zak Mir's Bulletin Board Heroes - African Potash, Asian Citrus, Gulf Keystone, Iofina, Servision, Sirius Minerals

Featuring African Potash (AFPO), Asian Citrus (ACHL), Gulf Keystone (GKP), Iofina (IOF), Servision (SEV), Sirius Minerals (SXX).

Zak Mir's Great Request Show: Asian Citrus, Aurasian Minerals, Boxhill Technologies.

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Asian Citrus, Aurasian Minerals, Boxhill Technologies.

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