I was not at the show, but have had feedback. What were your takeaways from Vin Murria, Adam Reynolds, Nigel Wray et al? Please do post in the comments section. Instead, I was on a 23-mile walk. I report on the good news and also how, thanks to a herd of cows, I am in complete agony tonight. Photos tomorrow, as bed beckons. Think of my complete pain and, if you are among the 95% of listeners yet to donate, please do so HERE.
Since my last expose of the demining state of affairs at Lombard Capital (LCAP), things have gone from bad to worse. But now, enter stage left a man who was once the 57th richest person in Britain (or not), but then turned out to be a fraudster and was sent to the slammer. It gets better….
AIM-listed online purveyor of ladieswear, Sosandar (SOS), has released a trading update for its full year to March 31 2022 – and the news is good. Expectations had already been raised, but this morning the company tells us that those newer forecasts have been beaten. So is all rosy in the garden of Sosandar?
AIM-listed onliine women’s fashionwear purveyor Sosandar (SOS) has offered up a bullish trading update for calendar Q4 2021 (its own Q3, given accounts are to March). We are told that revenues were up some 122% year on year, that each month was EBITDA positive making for the company’s first EBITDA positive quarter. Of course, EBITDA is bullshit earnings but even so this is a positive update. However….
Yesterday we suggested that Adam Reynolds was involved in the IPO of dog Abingdon Health (ABDX). This was inaccurate and I take full responsibility and apologise for the error. which was swiftly corrected. Reynolds buddy Lynn Rees was involved in the IPO which I exposed as a shocker HERE but as for Reynolds it seems he agreed with me.
I start with my utter revulsion at Neil Woodford after today’s expose HERE – can anyone be in any doubt now that he is a truly evil and morally bankrupt individual? I end with a brief correction regarding Britain’s thirstiest share blogger. In between, I look at Rosslyn Data (RDT), Supply@ME Capital (SYME), Eurasia Mining (EUA), Kefi (Kefi) and MyHealthchecked (MHC).
Last year, we discovered on Friday that MyHealthChecked (MHC) lost £2.5 million on sales of £50,000. Yes that is dreadful but this company is now about the future of its Covid and other DNA tests and thus it has raised £3.4 million at 1.75p. It was not completely out of cash so, after costs, it probably has c£3.5 million in the bank.
Concepta has announced a change of name to MyHealthChecked (MHC) and, more interestingly, jumped on board the Covid testing bandwagon. I am, as you know, a sceptic on many things relating to a disease where 99.95% of those under 70 recover and where the average age of death is, at 82, one year more than UK life expectancy. However…
OptiBiotix Health (OPTI) has emphasised “another step in building brand and product presence in the large North American market” as it announced its latest deal. Yes it is a step but frustratingly one revealed on a release using the Adam Reynolds keyboard. The one with no numbers on it.
I have been organising investor shows for almost two decade but on Saturday May 9, I have assembled the most amazing line-up of my career and am bringing them direct to you in your living room. Some of the stars will do a formal presentation, most will face me in two way interview.
Fear not you do not need to break lockdown. The event is online and for £9.99 you get access to a line up of stars of the investment world never seen before at a UK show. It really is all star. Carson Block, Gabriel Grego, Mark Slater, Jim Mellon, Evil Knievil, Vin Murria, Peter Hambro, Sam Antar, Adam Reynolds, Luke Johnson, me, Chris Bailey, Dom Frisby, Paul Jourdan, James Delingpole, Malcolm Burne, Chris Bailey, all the team here at ShareProphets, Matt Earl, Lucian Miers, Peter Hambro, the list goes on. As well as the star speakers there is also the Sith Lord Zak Mir and 30 PLC CEOs will also present. Doors open at 8.30 AM amd there will be chatrooms to engage with many of the speakers and each other open all day. And your ticket will give you access to all the videos right up until Christmas. The booking section of the site is secure ( see the padlock is present) and you can book your seats now & get more show details HERE
There is still no sign of any clarity from Neill Ricketts of Versarien (VRS) on his company’s tie up with BIGT, an enterprise without a website, phone number or any web presence at all. But to keep his disciples happy, the Messiah of Graphene hype has borrowed Adam Reynold’s laptop to hammer out news of another exciting collaboration.
There are two guests in this week's show, First up I discuss recent events at Bahamas Petroleum (BPC). then I discuss sexism in the City and Big Sofa (BST) with its boss Kirsty Fuller. Then it is on to Adam Reynolds where we cover Sosandar (SOS), Optibiotix (OPTI), Big Sofa (BST), Yourgene (YGEN) and Concepta (CPT). It is during this segment that the cat and the rat feature. If you like this and can't wait seven days for more of the same you should listen to my Bearcast every day.
An AGM statement from Yourgene Health (YGEN) includes that it “is delivering rapid growth in line with our expectations” and “confident of the growth strategy we have set ourselves to deliver enhanced shareholder value”…
We've published 2,292 stories since 1 January. Here are the twenty most-read articles and twenty most-listened-to Bearcasts.
Tom writes: The bottom line is that I shall be selling the FIML shares but am giving you at least 24 hours notice. This is NOT a financial call but an ethical call, as I explain, and Steve Moore, who will cover Yourgene going forward, explains why he is not selling his shares on the results and where he sees them going...
Reynolds now owns 6.35 million shares in Yourgene (YGEN), 1.1% of the equity and though not a dominant portion of his net assets, still a material amount. So why did he buy? I chatted it through with him and his simple answer is “because the shares are cheap and I could.”
I am always happy to assist my good friends round at the FCA and start with this and Julie "Lingerie on Expenses" Meyer. I move on to Neil Woodford and Kier (KIE), then Yourgene (YGEN) and a long chat with Adam Reynolds, Bluejay Mining (JAY), Argo Blockchain (ARB) and Eqtec (EQT).
In today's bearcast I cover Diageo (DGE), Versarien (VRS), Mayan (MYN), Vela (VELA), Dev Clever (DEV) and i3 Energy (i3E). No doubt Mr Ricketts wants to be a hero and ahead of my next training walk tomorrow I beg you to be one too and get us past £20,000 raised by donating HERE
I explain why there was no podcast yesterday - we all have our crosses to bear. Then it is onto Plus500 (PLUS) and Bidstack (BIDS) formerly Kin Group, formerly Fitbug. Now: how about you join Adam Reynolds and Susan Dando and be a Superstar HERE
Thank you to all of you who have donated to the Rogue Bloggers for Woodlarks appeal this year. As you might just know, the rogue bloggers (nine confirmed so far) will walk the 33 miles from Horse Hill to Woodlarks on May 25 and we realy want you to sponsor us HERE
My attention is drawn to a press release issued by this wretched Government which should, I believe, force Optibiotix (OPTI) to make a statement and make even the most cynical of bears wake up. It reads:
Cynical Bear is yet to comment ”told y’all” but being a drearily predictable fellow, it cannot be long now. Big Sofa (BST) has had another placing. But this one is different. I was made an insider on Wednesday and opted to take part and expect my 4p investment to double in pretty short order and to be well ahead of that by Christmas.
Another day and another hugely positive announcement from Optibiotix (OPTI) to delight we loyal shareholders. This news is from Japan.
Another week and another deal is announced by OptiBiotix Health plc (OPTI). This is a three year supply agreement with Biolat JSC covering the supply of its cholesterol and blood pressure reducing LPLDL® strain in Estonia, Latvia and Lithuania. It seems that in the Baltic states they are more likely to die of heart disease than anyone else on this planet so it is not a bad target market.
With the Sith Lord Zak Mirinterviewing him, Adam Reynolds had nothing to fear. But there were questions from the audience that were far more daunting and interesting than those posed by Britain's worst chartist.If you are, like me, a holder of Optibiotix (OPTI), Yourgene (TGEN) - my Q1 nap pick - Big Sofa (BST) - my tip of the year - or Conc epta (CPT) you will want to watch this. I have never been more bullish on the quartet. This will be our year and I know Adam feels the same. The next City forum hosted by the Sith Lord is February 25. Put the date in your diary now.
Over almost fifty years Nigel Wray's record of making money from value investing is almost unmatched on this side of the Pond. That is why he is referrred to as Britain's Buffett. So what makes him back a stock? How can you invest like Britain's Buffett
If you are a shareholder in OptiBiotix, Sosandar, SkinBioTherapeutics, Yourgene, Concepta or Big Sofa then put 21st January in your diary now! That evening, the man who listed all those companies and who is still involved with or close to all, will be quizzed at the next UK Investor City Forum at PwC in the City of London. Places are limited to just 90 and are first come first served. You can book a free seat HERE.
In 2018 in the first Rogue Bloggers for Woodlarks 33 mile walk, myself, Brokerman Dan and Lucian Miers raised more than £25,000 (£32,000 with gift aid) for the amazing, if unfashionable, Woodlarks Charity which provides unique holidays for severely handicapped young people and adults. Without the Woodlarks camp very few of those folks would get a holiday at all.
The next City Forum is on January 21 with Adam Reynolds as the guest speaker being quizzed by the Sith Lord Zak Mir. I bet Adam's quaking about that grilling. Three companies will also present and take questions as will Adam. Put the date in your diary. From this week's seminar here is Brian Kinane of Riverfort Global Opportunities (RGO), formerly Paternoster Res presenting and taking questions.
The next City Forum is on January 21 with Adam Reynolds as the guest speaker being quizzed by the Sith Lord Zak Mir. I bet Adam's quaking about that grilling. Three companies will also present and take questions as will Adam. Put the date in your diary. From this week's seminar here is Britain's Buffett being interviewed by Three Brains himself
The next City Forum is on January 21 with Adam Reynolds as the guest speaker being quizzed by the Sith Lord Zak Mir. I bet Adam's quaking about that grilling. Three companies will also present and take questions as will Adam. Put the date in your diary. From this week's seminar here is Skinbiotherapeutics (SBTX) presenting and taking questions.
The next City Forum is on January 21 with Adam Reynolds as the guest speaker being quizzed by the Sith Lord Zak Mir. I bet Adam's quaking about that grilling. Three companies will also present and take questions as will Adam. Put the date in your diary. From this week's seminar here is Sosandar (SOS) presenting and taking questions.
Shares in Optibiotix (OPTI) have not been immune to the general market sell off and trade at 64p-66p despite some more positive news. The frustration is that it has been announced with a release typed on the Adam Reynolds keyboard, the one with no numbers on it. But fear not bigger deals with real numbers will follow shortly...
Tom Winnifrith writes: Firstly an apology from us. Big Sofa (BST) has been a very poor tip - as big investors in the IPO we share your pain and - justifiable - anger. We apologise for believing numerous things said by CEO Simon Liddington. I have just emailed him and called him, to his face rather than behind his back, a “corporate wanker” for reasons I shall explain below. He should resign at once allowing newly appointed CCO Kirsty Fuller to take charge. Liddington is not fit for purpose and I am sorely tempted to go to the forthcoming EGM and tell him that, once again, to his face and demand he goes.
Some of you will be aware of my whining about market makers and house broker games played out on the trading floor of AIM. I am sure some of you think these are merely conspiracy theories of a blogger and attempted to explain negative share price movements on a particular day. I'm not going to rehash my market maker theory again, instead, lets discuss a the role of a house broker, I guess these creatures are right at the top of the tree, along with bankers, as a breed of creatures we hate because we feel they cannot be trusted, and yet we are effectively held to ransomed because of the duty they perform.
Tom Winnifrith writes and has also discussed this in bearcast HERE: We ordinary shareholders in Premaitha (NIPT) have suffered for many years and shown enormous loyalty. News released well after the market close of a £2.5 million placing at 10p might thus seem like a kick in the teeth by a management treating us with contempt. I am afraid the story is far worse.
AIM-listed online ladies clothing purveyor Sosandar (SOS) had its AGM today and offered a few nuggets of information which suggest that things are pretty much on track with management expectations. Since we already know that management is “very comfortable” with the forecast numbers offered by house broker Shore Capital (I would translate that as meaning easy to beat!) and we know those numbers (see HERE). So that looks pretty positive. Mind you, we were not offered actual numbers for summer trading as the Adam Reynolds computer keyboard struck again!
Shareholders in AIM-listed Adam Reynolds stable Sosandar (SOS) have an AGM to look forward to next Tuesday, and I am very hopeful that a trading update will accompany proceedings. At the last count the company reported quarter on quarter growth of 70-odd percent – a remarkable achievement, even for a near start-up. The market is clearly hoping for more of the same, although I’m not sure that rate of growth will have been repeated over the summer holidays. But it has been growing like mad – and we loyal shareholders have done very well.
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.
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…
2018 was our most successful UK Investor Show yet and the 2019 event on March 30 will be even bigger and better. With almost 60 companies already confirmed, including OptiBiotix, Falanx, Asiamet and WANdisco, and star speakers such as Vin Murria, Mark Slater, Nigel Wray and Tom Winnifrith plus many new names booked in, it will be a show not to be missed.
I know that March 30th 2019 is a long way ahead but there are two reasons to buy a half priced ticket TODAY at www.UKInvestorShow.com/tickets .
I’ll keep this relatively short as I’m meant to be enjoying a long weekend away at a big family gathering celebrating my step-father-in-law’s 70th birthday but also I don’t have a lot to add to my previous comments on Big Sofa Technologies (BST). However, I felt it appropriate to respond to the latest view on last week’s results from the HSR team.
AIM-listed Adam Reynolds float Sosandar (SOS) has been having quite a ride since I first commented on it following this year’s UK Investor Show at 12p to buy and tipped it at 13p – they are now up to 19p to buy so I guess that’s a 50% profit. I bought in at just over 15p and nabbed a small handful more on Friday at 18.46p.
AIM-listed online women’s clothing play Sosandar (SOS) from the Adam Reynolds stable has announced its trading update for y/e 31 March 2018. This was my pick of the companies I saw and chatted to at the UK Investor Show, and so far the shares have performed admirably. Now it has produced a cracker of a trading update and I still rate the shares a buy, but it certainly is not a “widows and orphans” stock!
Chaired by Adam Reynolds this session boated the CEOS of Immupharma, Optibiotix, soon to IPO Phynova and ValiRx. Enjoy.
Having asked for readers tips for 2018 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2018)...
If you have been to the UK Investor Show before you know how educating and exciting it can be. Now, with the show owned by Nigel Wray's family, the 2018 event on April 21 in Westminster is set to be the biggest in our 17 year history and also the most spectacular. Book today and we can still email you a ticket to be there
Heck, even semi-pro Adam Reynolds baiter Cynical Bear seems to be warming to Optibiotix (OPTI) as you can see HERE. And there are fundamental reasons for this. We noted last week:
I dropped Tom a note immediately upon seeing the great looking Ipsos funding deal with Big Sofa Technologies (BST) on Friday morning saying that it looked like good news. He followed up immediately with a demand for a grovelling apology. Being a reasonable sort, I thought I had better do the decent thing and give him as fulsome a one as I can muster from the bottom of the heart.
My Woodford piece earlier today highlighted the challenges of taking too much notice of what you hear from the company itself. I think the same can be said in connection with Big Sofa Technologies (BST) following its poor trading update yesterday.
There's been an accelerated bookbuild which has seen Adam Reynolds and a number of close allies place out all their stock in React PLC (REAT). The shares we own were not placed out. We will only sell after advising you to do so.
Adam Reynolds is a man to do an RTO, a man to chair a small company. There comes a time - you hope - when the company grows to a bigger level and you need a bigger company man as Chairman. That time has come at Optibiotix (OPTI).
I hope you enjoyed the two share tips earlier and thanks for the kind words from many of you abour our place in Greece. I start with a look at Strat Aero (AERO). I covered the dire maths earlier here but it is the sheer dishonesty of the placing that really annoys me. Then I look at more bad news for Nomates Woodford from Provident Financial (PFG) which cvould well up a zero. Then I cover UK Oil & Gas (UKOG) as its shares slide again and Arian Silver (AGQ) which is worthless. Adam Reynolds was not - as gleeful in house BB loon Wildes suggests - fired by Optibiotix (OPTI) - I explain why I remain uber bullish there. Finally today's interims from Vianet (VNET) are misleading and even after a 10% fall today the stock is a slam dunk sell.
This podcast was interrupted by the sight of my friend the feral cat. Three years ago I gave a black and white feral kitten who had wandered up to the hovel some milk. I am not sure if it is the same creature but now and again a black and white cat stalks the hovel in search of snakes and rats to eat. I hope its the same cat. Anyhow I am excited to see him again and got a picture as you can see below despite him, being feral, not being that friendly. The podcast itself covers Adam Reynolds and the Adam Reynolds stocks many of which we own. I do this in response to Cynical Bear's ill informed mud slinging of earlier.
I should start this piece by making clear that I am a fan of Paul Scott. I think his coverage of the small-cap space is excellent, data-driven and based on years of experience. But his investment in Sosandar (SOS) is a punt too far. I’ve been tempted to comment on Sosandar for a while now but Paul’s Bulletin Board moron-esque attempt at justification yesterday has tipped me over the edge.
Adam Reynolds speaks, seven hot share tips, gay penguins, and much more. Click now to read.
I’m not particularly good at being smug but it would be remiss of me not to give an update following Big Sofa’s (BST) interims on Friday as I was pretty spot on. For completeness, Tom has already covered his thoughts in a Bearcast and a separate article HERE and HERE respectively, but here’s my take on it.
I start with the departure of Adam Reynolds from New World Oil & Gas (NEW) explaining what - I think -went on. Then it is on to Afren (AFR)and how the SFO works in practice.I look at LoopUp (LOOP) where yesterday's statement rings less and less true and which looks more and more of a slam dunk short as a result. There is further comment on Westminster Group (WSG) and praise, with caveats, for the Ferrets, Ferrum Crescent (FCR).
I have been having some good natured debate with Tom on the pros and cons of Big Sofa Technology (BST) recently and, as ever, he has allowed me to present my bearish version of events in advance of next week’s interims in contrast to his bullish thoughts the most recent of which is HERE.
When this share tip appeared on FivefreeShareTips yesterday the shares were 20.125p to buyur readers got the best deal. Do not miss out on our next tips emailed direct to you: register now HERE. But at 22.5p to buy Big Sofa (BST) still is stunningly cheap. Here is why...
Oh Ye of little faith!. There was big news on Tuesday for Optibiotix (OPTI). This was ONE of the big deals we were waiting for. There are more to follow but this should send critics of Optibiotix scuttling for cover as India's Tata is a giant. It has 660,000 employees and annual sales of $103.51 billion! Those who doubted us as we bought our first shares for two years HERE - at sub 55p a few weeks ago you can apologise. now. Go form an orderly queue. The shares are now 75p-77.5p and they are GOING MUCH HIGHER & SOON!
The summer silly season is now over, and over 77,000 individual readers read ShareProphets during the past week. That's 77k readers who came to read real analysis and honest opinion. ShareProphets doesn't aggragate stories, we don't do clickbait, and we don't coddle our readers. You should be proud that you're one of them.
I got an email this morning from a man who I shall not name, for obvious reasons. It is heart breaking material. So here is his email and my reply.
The last Adam Reynolds placing was Skinbiotherapeutics. The next one is Orogen Gold (ORO)where the company is raising money ahead of an RTO which will see it become an online retailer. I already held shares but we are quadrupling the size of our holding in the next placing. We are in big time.
"When's the Big Sofa (BST) placing?" said one of our contributors after results last week. Well "there isn't one" said the company. Over at Value the Markets they claimed that the company had guided that it would do calendar 2016 sales of £1.5-£2 million when it listed (sales came in at £757,000). Given that miss VTM said "take profits" and Leon Boros of the discredited abusers and rampers nest that is ShareSoc tweeted this aggressively. But there was no official guidance from the company- that was not true. The company listed on 19 December 2016 - is anyone really claiming it guided to £1.5-£2 million 6 days before Christmas and 12 days before the year end when it would have know that its sales just ahead of the Christmas break were going to be c £757,000 ( the eventual FY number) . What total bollocks.
I was going to have my usual weekend dig at one of the many over-promoted pieces of crap on the lower reaches of AIM but thought instead I should lift up my head and look further afield and take a pop at most over-promoted stock in the global markets with a proper superhero at the helm, namely Tesla Motors (NSDQ: TSLA) and the irrepressible Elon Musk.
Primary Bid's latest offer is its first non AIM placement. It boasts this as an achievement. But the company is Toople (TOOP) a proud member of Cynical Bear's Sub Standard XI. It is a dog and while I urge you all to join Primary Bid now HERE, I also urge you not to take up this offer.
Bingo. Off we go. We hope that you averaged down and got on board as we urged the other day as shares in Orogen Gold (RE) have been suspended at 1.7p ahead of a readmission document for what looks like a cracking RTO. This could be the most sizzling Adam Reynolds reverse yet.
Is Orogen (ORE) the cheapest AIM shell? It could well be. That is why, with the shares at 1.625p mid, FIML - a company owned by the family trust of Tom Winnifrith, has added to its holding. As a reminder...
In this video from the storming success that was the 2017 UK Investor Show, Erik Henau, CEO, and Adam Reynolds, Chairman, of Concepta (CPT), are at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
We tipped this stock at the end of March at a 0.01p offer. The target to sell is 0.016p (soon to be 4p post a share consolidation). The tip reads:
We had already been warned that React Group (REAT) had faced one or two issues in the last financial year notably the dismal performance of the EPUK Unit. Thus results a week or so ago were not good but that should have been expected.
Dad and I got back from the hospital and were sitting down to lunch. water for me, wine for him. After a morning with a range of Shipmans he deserved it. Who should bound in but the vicar from our old village of Byfield. I told him that I had recently written an article about wringing his neck HERE. He then gushed out a stream of left wing views on Trump, Brexit and other matters that were so barking mad that even my Guardian reading father was a bit taken aback. A bitter attack on Uncle Chris Booker was the final straw. No wonder the CofE is going to the dogs. On the podcast that followed I cover Orogen (ORE) where we are in and backing Adam Reynolds again, Nyota (NYO), Audioboom (BOOM), Andalas Energy (ADL) and Advanced Oncotherapy (AVO).
REACT (REAT) served up a ghastly trading statement just before Christmas, but in marking the shares down to 0.7p ( market cap £2 million) traders over-reacted.
We cannot hide our disappointment that we go into Christmas with shares in Optibiotix (OPTI) trading at just 61-63p. They really should be far higher and we do expect an exciting re-rate in Q1 2017. We had expected it earlier but were wrong. We won't be this time!
We have four more share tips out between now and January 2nd which you can access for just a fiver HERE, but here is one we prepared earlier which is our first share tip of the year.
Big Sofa Technologies (BST) IPO'd on AIM today at 17p - the shares are now 21p. It is the latest Adam Reynolds stock and we own "a few" shares. I recorded this podcast to discuss the investment case with Adam.
The week that follows Christmas Day is the slowest of the year on ShareProphets reader views - but we'll still be here. The two weeks before Christmas always seem to be some of the highest rated weeks. I don't know whether is some sort of reality avoidance action or ShareProphets readers are actual embodiments of Scrooge - a personal hero on Tom's as he has explained today HERE.
On 29 November Optibiotix (OPTI) stated: "OptiBiotix reports that it has reached late stage commercial discussions with six commercial partners across its technology and product platforms.". The knockers said "jam tomorrow won't happen". This week the first of the six deals was announced and it is massive. More will follow as Adam Reynolds made clear yesterday exclusively HERE. The news is:
Earlier Adam and I chatted about Concepta (CPT). In this podcast we cover Optibiotix (OPTI) and Premaitha (NIPT).
I sat down with Adam Reynolds, the shellmeister today and recorded a string of podcasts. This one is on Concepta (CPT) a stock we own. The shares are 16p-17p. IMHO they should be closer to 30p. The next six months will see masses of news and real, material, sales and that will, I'm sure, drive a real re-rating of the shares. Listen to what Adam says...
New World Oil & Gas (NEW) has today been booted off AIM for failing to fulfill its investment policy following the collapse of the Big Sofa RTO but all is not lost...far from it.
In a corporate update released at 4.03pm this afternoon, AIM-listed (pro tem) New World Oil and Gas has announced the bad news that its Nomad, the disgraced Roland “Fatty” Cornish at Beaumont Cornish is to walk as at the close of play today. It also announced that its scheduled AIM execution under AIM Rule 41 is on 10 Nov, not 9 Nov as previously advised. One last hurrah for checking and verifying RNS announcements for the now ex-Nomad to the company. How fitting.
This needs to be the day when London's worst Nomad Roland "Fatty" Cornish is drummed out of the City of London for good. This will shock you. New World Oil & Gas (NEW) has abandoned the RTO with Big Sofa but has not said specifically why. So let me assist.
Premaitha (NIPT) announced late last week its results for the year to March 31 2016. Given the pace of events here these historic numbers do not mean that much but for the record:
Apologies for the delay in commenting on this RNS which landed on Friday. We wanted to speak to Adam Reynolds and we have now done so. This is just the start of the good news and ahead of results tomorrow Premaitha (NIPT) shares are a buy.
The August 2016 edition of UK Investor Show Magazine is out now. Access your free copy below for 8 share tips, the 7 reasons Crooked Hillary Clinton MUST lose, a Golden Night at Saracens RFC, an exclusive Q&A with the Shellmeister Adam Reynolds of Concepta and Optibiotix fame and much more.
Results from the half calendar year from Optibiotix (OPTI) were very pleasing indeed but not orgasmic and that is why the shares are a tad weaker at 69p-72p. They are cheap but punters need to see more. They will not have to wait too long.
Concepta (CPT) the latest Adam Reynolds healthcare RTO on AIM has announced interim result which are pretty academic. The company is a developer of a platform and suite of products targeted at the personalised mobile health market with a primary focus on women's fertility and specifically unexplained infertility.
Investment Case: The AIM admission of Concepta (CPT) a couple of weeks ago was through a reverse takeover of shellmeister (Adam Reynolds)-saved Frontier Resources International (FRI). We backed Reynolds when he became involved in Frontier, but despite his track-record, then was clearly somewhat speculative as we awaited a deal to be delivered. Now it has and it looks like Reynolds has delivered another promising one…
Frontier Resources (FRI) is no more. It is now Concepta (CPT), new shares for the RTO, open offer and placing have been issued and the shares have undergone a 250-1 consolidation.
I am happy to congratulate flip flop Ben Turney. Of course he remains a clown capable of bollocksing up much in life but yesterday he claimed notable scalps as three disgraced, discredited and utterly shite directors of New World Oil & Gas (NEW) walked the plank with immediate effect and that is down to Flip Flop.
Another bust company becomes a healthcare player thanks to an Adam Reynolds RTO. Let us hope that Frontier Resources (FRI) becomes another Optibiotix (OPTI). The reversal is of a company called Concepta Diagnostics Ltd into Frontier and the PLC will change its name to Concepta.
I discuss this in Bearcast today but Frontier Resources (FRI) has today announced the latest RTO by the shellmeister Adam Reynolds. We are shareholders and are taking up the open offer in full. Why?
There are five directors at New World Oil & Gas (NEW), two new regime (Adam Reynolds and Nick Lee) and three of the utterly loathed and discredited old guard who spunked £33 million of other folks cash on deals that were either fraudulent (the fake Sheikh) or just crap. How Messrs Einchcomb, Polakoff and Sztyk have the brass neck to hang around like a lingering mega fart defies belief. But not for much longer.
As we follow Adam Reynolds we have shares in React Group (REAT). Here is its boss Martin Gannon presenting at UK Investor Show. Enjoy.
In this session Adam Reynolds and I discussed how to value shells and when to invest, issues of management, AIM investment companies and of course Optibiotix (OPTI), New World Oil & Gas (NEW), Frontier (FRI), and Premaitha (NIPT). Enjoy.
This weekend is all about the London Marathon but in just SIX DAYS time a galaxy of legendary investors will be speaking at UK Investor Show. This is not a platform for share rampers based in dodgy offshore tax havens but a chance to hear men and woman who are simply the best. Make sure you have the date in your diary - Saturday April 30 and this is the LAST CHANCE to grab a complimentary ticket.
Tom Winnifrith was an insider which restricted him from explaining why shares in Premaitha (NIPT) have been weak of late. Now you can see. The company's largest shareholder Rupert Lywood is a total 100% prat
We now have official conformation that Frontier Resources (FRI) is dumping its oil assets. Great news.
This is very simple indeed. Remember Optibiotix (OPTI) which started life at 8p. It is now just over 70p and will regain the 100p level within weeks on the back of some pretty stunning newsflow. It might make sense to top up on Optibiotix while you can at these prices. But Frontier Resources (FRI) at 0.07p is Optibiotix at 8p before the fireworks. Let us explain.
The story of the day is Frontier Resources (FRI) and Adam Reynolds. Yes we were in on the placing and have bought more pre bearcast but some folks are overpaying big time. Far be it from me to talk down the value of a stock we own but I do just that and urge folks not to be mad and overpay. Then it is onto Bahamas Petroleum (BPC), Phorm (PHRM), Fusionex (FXI) - target price 0p - Greka Drilling (GDL) - ditto - and Glenwick (GWIK)
Continuing my look at the many investment companies on AIM I turn to Pires Investments (PIRI) to look at the costs involved and the oddity of these companies investing solely in listed companies.
This seems to be the ramparoonie de jour - cash shells and investment companies. Valuations can be crazy but if you get suckered in by the rampers you will lose money. I explain when I would invest in a cash shell and when you should not. I discuss what valuations should be and flag up some well known rampers. Mentioned en passant are: Glenwick (GWIK), CEB Resources (JUNK) - now known as Andalas -, FastForward (FFWD) and Adam Reynolds.
INVST is a new platform claiming to allow retail investors to invest in placings with City brokers. The company presented at Gold & Bears as you can see here but its formal launch today really does not make you trust the folks at INVST at all since it is materially less than transparent.
The December edition of UK Investor Show magazine is now live featuring seven buy share tips, company profiles on InterQuest, an interview with Adam Reynolds, and what ShareProphets writers would like to find in their stocking. You can download your free copy below.
After an annus horribilis for New World Oil (NEW) in 2015 which (to put it midly) has been engulfed by shady business, things now appear to be looking up for shareholders as Adam Reynolds '' front man supremo '' and corporate sanitiser Nick Lee join the board to help clean up and vend in a more attractive proposition.
And now it is the shellmeister Adam Reynolds, he of Optibiotix (OPTI), New World Oil & Gas (NEW) and Premaitha (NIPT) fame presenting at Gold & Bears. A full interview by the Sith Lord with Adam is out today and can be read HERE. Enjoy the video.
Entrepreneurially-flavoured AIM dog Orogen Gold (ORE) is making excited noises about ‘preliminary interpretations’ of its latest drilling programme at the Mutsk gold project in Southern Armenia, which it claims suggest new gold zones and extensions to the existing zone already identified there. Chaired by colourful wheeler-dealer and shellmeister Adam Reynolds, the company, which began its AIM life as aspirant though ultimately unsuccessful gym equipment supplier MeDa Vinci but recently recruited indefatigable small mining company player Colin Bird as chief executive, indicates the drilling has revealed shallow gold-bearing intervals with enhanced grades.
Having, since August AIM admission, looked at “a number” of potential bolt-on acquisitions to broaden its product offering, REACT Group (REAT) has announced “the expansion of its service offerings into Licensed Asbestos Removal and Occupational Hygiene Services”.
So there we have it. Adam Reynolds and Nick Lee have received an overwhelming mandate to transform New World Oil & Gas (NEW). Both men got elected to the board with over 99% of votes cast. This represents a great victory for shareholders and goes to show that positive, organised shareholder activism on AIM can work.
Tomorrow I am off to Jersey for New World Oil & Gas’ (NEW) Annual General Meeting. If all goes to plan, Adam Reynolds and Nick Lee will be elected to the board, while Peter Sztyk will be deservedly kicked off. Although this should prove to be the watershed moment in New World’s transformation, it will not necessarily trigger an immediate rally in the share price. The hard work begins, once the result is known. However, if Reynolds and Lee remain true to form then 2016 could be incredibly exciting year for this company.
The vote at New World Oil & Gas’ (NEW) forthcoming AGM on 17 November is not yet won. Shareholders still need to unite behind Adam Reynolds and Nick Lee to give them as strong a mandate for change as possible. A cleansed New World could present a fantastic prospect, but the market remains sceptical. The toxic legacy of the current board will take time and effort to clean up, but for once on AIM private investors have a genuine opportunity to make a decisive difference in the company they own.
New World Oil & Gas (NEW) has finally announced the date of the AGM. This marks the culmination of months of hard work behind the scenes, ensuring an orderly transition for the company from being one of AIM’s most despised stocks to one with an extremely bright future. As expected, Adam Reynolds is on the ticket for election to the board, but in a surprise twist he is joined by Nick Lee of Paternoster Resources (PRS). Lee will have the full support of NWOGaction, so his appointment is almost a foregone conclusion. Fred Hodder is retiring and Peter Sztyk now deservedly faces the wrath of his shareholders. This is all fantastic news.
This morning, Paternoster Resources (PRS) announced it has bought an 8% stake in New World Oil & Gas (NEW). In yet another unexpected twist in the unfolding New World story, Paternoster’s motives are unclear. With New World’s AGM looming, shareholders in the company will be faced with a clear choice. Support the existing failed management and plan, or vote in Adam Reynolds and his team. Given this situation, there will be speculation why Paternoster has chosen to buy into New World at this particular point. However, judging by the manner and method of its announcement today, there could be some interesting clues that might help answer at least some of the questions.
This was not going to be my tip in the recently published book "The Magnificent 7" which you can download for free HERE. I was set to tip Optibiotix (OPTI) at c40p. Unfortunately for you (but fortunately for me since we own shares in the company) the share price has raced ahead to a 48p offer. I still think that they could head much higher and Zak Mir reckons that Optibiotix shares will be 60p by October. I think, that is what a chartist terms a long term view.
What the bloody hell do those useless tossers at New World Oil & Gas (NEW) think they are playing at? Last night the feckless twats confirmed they are going to waste shareholders’ money in a pointless conference call on Thursday. The bare minimum this will cost is £5,000 and is a total waste of everyone’s time and of shareholders money. These directors know they are done for, so why don’t they just have the common decency to take glasses of whiskey and a revolver into the corporate study and do the decent thing?
New World Oil & Gas (NEW) has yet to comment but the New World Oil & Gas action Group (NWOG) announced that it had proposed that company rescuer Adam Reynolds and 2 pals join the board at the AGM later this month while 2 existing directors step down.
This morning NWOGaction, the shareholder action group for New World Oil & Gas (NEW), announced its support for Adam Reynolds and his team’s bid for election to the board, at the forthcoming AGM. This is an exciting turn of events for New World’s long-suffering shareholders. It promises to set this stricken company on a much more positive path, led by the value creating force behind the recent flyaway successes of Optibiotix (OPTI) and Premaitha Health (NIPT). Reynolds and his experienced team of turnaround specialists have identified a project and new executive management for New World, in the booming Med Tech space. Now all shareholders have to do is vote in favour of this radical change in direction.
Verdes Management (VMP) has since its AIM admission in 2005 been a total dog. Different management teams have run different models and all have ended in failure. The last chump in charge was Dave Breith of Coms (COMS) infamy. But that is all changing. The shares YESTERDAY weere consolidated and relisted following a RTO by React (REAT) - the company's new name as of today. A refinancing was completed at 1.68p. The shares are a buy at up to 2p with a target to sell of 3.3p before the autumn is too well progressed.
The more I look at the collection of investment train wrecks and outright frauds that are the China filthy forty the more I am horrified. Let’s look at the 26th best performer out of the 40, it has only lost 96% since IPO on the AIM Casino. I refer to Northwest Investment Group Ltd (NWIG), a special from Big Ray Zimmerman of ZAI Corporate Finance.
We have tipped Premaitha (NIPT) before and our readers have banked big gains on it Now the time is right for re-entry and so this Adam Reynolds biotech play was our second May share tip of the month.
We have tipped Optibiotix (OPTI) before and our readers have banked big gains on it. Now the time is right for re-entry and this Adam Reynolds biotech play is one of our two tips of the month - the other can be found HERE for just a fiver. As ever, no member of our team will sell until 24 hours after a sell note has gone out on HotStockRockets.
Amiong those presenting in the healthcare and biotech master class were John Dawson of Alliance Pharma, Steve Moore, Adam Reynolds of Premaitha and Optibiotix, Venn Life and Collagen. Enjoy
Adam Reynolds is the shellmeister, the company rescurer (see HERE) and he gave a masterclass presentation at the UK Investor Show on how to make money from shells and how they work. Enjoy
Heck, I am biased, we own these shares, but I thought that the presentation by Steve O'Hara and Adam Reynolds of Optiobiotix (OPTI) at the second ShareProphets seminar was pretty compelling. I certainly view the shares as cheap on the basis of what I heard. To ensure that you get priority booking for future seminars (the next one is on 27 October ) and features myself, Amanda van Dyke of Bluebird Merchant Ventures, Rob Proctor of Audioboo and Cathal Friel of Fastnet Oil & Gas register HERE.
Heck, I am biased, we own these shares, but I thought that the presentation by Stephen Little and Adam Reynolds of Premaitha (NIPT) at the first ShareProphets seminar was pretty compelling. I certainly view the shares as cheap on the basis of what I heard. To ensure that you get priority booking for future seminars (the next one on 13 October is now booked out but we will start taking bookings for 27 October next week) register HERE.
Contrary to suggestions made here and elsewhere by some of my greatest admirers, the first ShareProphets seminar was packed out with just over 50 folks gathering in Clerkenwell on Monday and – I think – having a good time. The next seminar is on Monday October 13 and you can ensure you get priority booking by registering HERE.
AIM listed Premaitha (NIPT) was our share tip of the week two weeks ago at 10.75p – the shares are now 15.75p but are still a buy from here – we expect them to double by Christmas.
Only 10 ways you say? Perhaps I should expand the list to 12 or fifteen and maybe I shall do so! But anyone following AIM must by now be aware that companies are routinely reporting profits that are not real profits in order to push the share price up ahead of the next placing.
AIM listed Vialogy (VIY) was a perennial dog. That was all meant to change following the reversal of Premaitha into the business at 11p in July. So far the now renamed Premaitha Group (NIPT) has failed to sparkle. The shares are now 10.75p. But after a summer lull we reckon that is all about to change. Big time and soon. Hence it is our share tip of the week.
This is not a share tip as we would like to be free to buy and sell this stock as and when we want but I can disclose that RMPC has pumped a five figure sum into Ducat Ventures (DUC) shares in which resumed trading today as it announced what looks an interesting RTO.
Update: The first ShareProphets City seminar is to be held at Maribelle’s Wine Bar in Clerkenwell on 29th September and will feature myself, Adam Reynolds from Premaitha (formerly Vialogy) (NIPT) and, confirmed yesterday, a presentation by David Bolton of K3 Business Technology (KBT). When we announce the 3rd speaker we will start taking bookings as attendance is limited to 50. So…
Fancy getting free drinks, free pizza and hearing presentations by three growth company CEOs and a share commentator? Of course you do. We are delighted to announce the launch of ShareProphets Seminars with kick off on September 29th. But you should register today HERE to ensure that you are alerted to all events and can book your seat first…
As a general rule of thumb I don’t usually cover stocks outside of the oil & gas/mining sectors. So it should be a surprise to learn that after slating AIM listed Vialogy (VIY) shares when the “other lot” were in charge we are now or should I say ‘I have now increased my original token holding” and here’s why.
AIM listed Vialogy (VIY) shares came back from suspension on Friday, closing the session at 0.16p after a £6.5 million placing at 0.11p. We took part in that placing and will be taking up our full entitlements in the open offer at 0.11p – we were already shareholders. I suggest that existing shareholders do the same (given how in the money they are already) and also buy a lot more in the market on Monday.
Following the mammoth success of UK Investor Show 2014 we are moving into overdrive for the 2015 show on April 18 and one new feature will be a series of 14 one hour masterclasses with an audience limited to 80 – we are taking on an additional floor in Westminster.