If I have suggested that Mr David Lenigas was a National Treasure and Britain's most talented objective analyst of small cap shares, rather than a fat Aussie spiv and shameless promoter of penny share dross, I must apologise. Not to Big Dave but to you dear reader.
These are the most-read articles and most listened-to Bearcasts of the week. The most read non-Tom article is Ariana Resources – News Soon To Add Value? You bet! BUY by Nigel Somerville at number six or number 12 if you include Bearcasts.
If this website has ever suggested that Mr David Lenigas is a fat Aussie spiv or a shamless promoter of penny shares who is often economic with the truth I must apologise. Not in the least bit influenced by my own ownrship of oodles of shares in Wishbone Gold (WSBN), the tweet exchange below clearly shows that Sir David - as he will soon surely be - is easily the leading objective analyst of small cap mining stocks, not only in Britain but in the world today. What cutting insight hee shows once again. Breathtaking!
These are the most-read articles and most listened-to Bearcasts of the week. The most read non-Tom article is How is Rolls-Royce getting on? by Chris Bailey at a non-leaderboard Number 12 or Number 18 if you include Bearcasts.
Wishbone Gold (WSBN) has announced it has signed a drilling contract for its Wishbone II gold-copper project in Northern Queensland, Australia and that deployment for drilling is dependent only on weather in the area improving.
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.
Lift Global Ventures (LFT) - a cash shell that buys assets in the financial media world - was listed at 3p on 29 April, after a fund raise which brought in £1.73 million. That, we are told, was “oversubscribed”, which is obviously a testimony to the brilliance of its CEO, the Sith Lord Zak Mir. Every bandit in town is on the shareholder list, as well as upstanding blue-chip investors like David Lenigas and ex ADVFN boss, Clem “a legend in his own expenses lunchtime” Chambers.
Once a dawg with fleas always a dawg with fleas. I covered the horrors of David Lenigas created horror story Afriag (AFRI) in full. Eventually after too many criminals such as Yusuf Kajee were exposed by this fine website, the company was booted off AIM and then, via a RTO organized by those scallywags at Peterhouse which took two years to consumate, became a medicinal cannabis play based in Jamaica and listed on the Aquis lobster pot. On April 13 2021 £2.5 million was raised at 5p and the company became Apollon Formularies (APOL). Now follow the white rabbit for the shares are now 2.6p and a cash crisis looms.
On Monday I served up a photo taken by our own Gary Newman, currently sitting by a river in Uganda and asked you for suitable captions. As you can see here there were anumber of fine entries but inevitably the winner involved David Lenigas.
Pro tem there are no articles from Gary Newman as our man is in Uganda doing his day job as a fishing journalist. Anyhow, he has posted this photo he took of David Lenigas wallowing in the AIM sewer, I mean, of the wildlife diversity spotted as Gary tries to catch a fish. I invite you to supply a suitable caption in the comments section before midnight tonight. Do not hold back.
Let nobody suggest that David Lenigas is a shameless penny share huckster who makes Zak Mir look like a man of impeccable integrity. The great analyst (Lenigas not Mir) has highlighted a stock I own as one of his top 5 ramps, ooops I meant, conservatively analysed value investments, for 2022 but suggests you do your own research before filling your boots. Well since you mention it Dave, I might as well flag up the shite you are talking about one of the five.
Those who have not been cut off from Andrew Monk’s morning email will, over the past few years have been told time and time again how cheap are shares in the bastard son of Monk & David Lenigas, that is to say Anglo African Agriculture (AAAP). Shares in the company were 12.5p when Monkey first arranged a deal to reverse a Kenyan Port into the sub scale Zim South food producer. They are now 3.75p as that deal has fallen through.
Shares in UK Oil & Gas (UKOG) now change hands at less than 0.1p. At peak Leni-ramp, less than five years ago they were just under 9p. CEO Lyin’ Steve Sanderson has trousered a total package of in excess of £3million during those five years when mug punters have lost more than 98% of their money. But I guess you have to reward talent don’t you.
Once again, if I have ever given the impression that David Lenigas is a penny share spiv happy to tell total porkies to promote worthless investments such as UK Oil & Gas (UKOG) I must apologise. And I mean that most sincerely. For this morning the great number cruncher has produced, on twitter, more in-depth and compelling research with conservative share price targets on a stock where I happen to be long, not that this influences me in any way. The great man reckons shares in this gem might gain 66% within weeks. Who am I to argue?
Wishbone Gold (WSBN) has announced the completion of the acquisition of the Cottesloe project and that drilling preparations are underway at the Red Setter project.
And I mean this most sincerely folks….my view is not coloured in the slightest by the fact that I, like Lenigas, own far too many shares in Wishbone Gold (WSBN). What follows below is one of many tweets sent out by Mr Lenigas this morning after Wishbone’s latest RNS demonstrating that any suggestion that he is a penny share ramping huckster is so wide of the mark. Big Dave is quite obviously the most talented objective analyst of fundamental value in small mining plays. Yes indeedy.
The top non-Tom article this week is JKX Oil and Gas offers an almost guaranteed 12% return for anyone taking a position now by Gary Newman at number four or number 10 if you include the Bearcasts.
Thursday night sees another back slapping awards ceremony where the crony capitalists who grow rich floating shite on AIM, Aquis and the Standard lLst congratulate themselves on another year of screwing mug punters. This is the Small Cap Network awards now owned by Master Investor, prop. my good pal Jim Mellon. Jim, I am gutted…
The good news for folks like David Lenigas, Charlie Wood, Anthony Eastman and associated scumbags who paid 1p per share for Hydrogen One shares in September, is that there is almost certainly no lock-in for them when the company lists in a few days time after a 10p fund raise on Aquis. That the junior market allows this is a total disgrace. How do I know this? Because of its older little bastard brother Helium Ventures (HEV) and this will shock you.
I start with good news for those who like salacious financial markets sleaze.I have been doing more digging into the David Lenigas, Charlie Wood & Anthony Eastman cesspit and this will become a series. Another installment tomorrow. And as a bonus there is a new bombshell on Julie “Lingerie on Expenses” Meyer MBE on its way. Who’s been a very naughty girl then? Then the Wandisco (WAND) shocker. I explain why today’s RNS is deceitful and why this makes the company uninvestable. Then it is onto Nanosynth (NNN), Darren Winters, The High Street Grp and a £60 million FCA mini-bond failure and finally, another villain of these pages, Colin Bird and a few thoughts on why shares in African Pioneer (AFP) may be tanking. PS I see that dodgy HK360 Limited has been forced to admit its sold its Net Zero Infrastructure (NZI) shares after yesterday’s letter to the FCA from myself. Will Net Zero now force TR1s from other shareholders who have dumped or doesn’t it care about the rules?
Yesterday, I revealed how David Lenigas of Horse Hill infamy and a bunch of disgraced financiers were going to book 900% gains made in just two months via the Aquis listing of Hydrogen One. I am afraid that it gets much worse and NED Fungai Ndoro, who appears to be the only person involved in this nest of vipers not to be given cheap stock, must surely be considering her position.
In today’s podcast I look at Argo Blockchain (ARB), at Galileo Resources (GLR) as Colin Bird tried to polish a total turd of drilling results, at why nobody cares about TR1’s even the supposedly virtous folks at Net Zero Infrastructure (NZI) with their patsy Tory career politician NED and finally at the new David Lenigas IPO, Hydrogen One PLC, which is, for so many reasons, a complete and utter disgrace and makes me ashamed to be a capitalist. What is the point of integrity and honesty when shit like this happens?
We live in an era of greed, an era when the unscrupulous will encourage you to speculate on the uninvestable. They will make money in these fag days of the bull market. If you invest in their companies or products you will lose money. It is that simple. Welcome to the latest creation of David Lenigas. Of course he is not a director…
To be fair, shares in the company are up by 26% today at 0.43p on news that it has finalised and ended a death spiral. But any company that has to use a death spiral is likely to be shit and shares in this company are down by 39.06% over 1 year, 86.01% over 5 years and 96.65% since its IPO just over a decade ago. Truly a penny dreadful, just the sort of stock David Lenigas likes to ramp. Dave’s dog de jour is …
David Lenigas is to ramptastic tweeting what Colin Bird is to pre placing pumps. He just cannot help himself. Today’s special is a picture of two men in late middle age standing in a tax haven shaking hands. Apparently this is very significant for Aquis lobster pot listed Valereum (VLRM), the crypto play pumped to 80p three months ago as the shameless chartist turned penny share stock promoter Zak Mir called it up to £2, That helped it get away a £1 million placing at 70p. Its shares now trade at 29p but even that is still a staggering 20 times net assets for this loss making business. Maybe three men could shake hands tomorrow in some tax dodging location and that would be even more significant, eh Dave?
If this is not a sign to sell all your shares I do not know what is. The list of rogues with zero experience of managing money but who are veterans of ramping penny share frauds and promotes who are involved here is such a massive red flag. Lift Ventures was set up with £50,000 from the paid for penny stock ramping site LSE Share Talk on 13 May. The lead director who, it appears, will be managing its investments is Zak Mir who has never managed other folks money in his life bar the generous handouts he got from his parents as pocket money when at Harrow.
Valereum Blockchain (VLRM), The Richard Poulden blockchain/NFT/bitcoin ramp hyped disgracefully by shareholder David Lenigas and penny share paid for promoter Zak “the huckster” Mir, has managed to raise £1 million at a shocking 70p. And the shares are now 76p. This is insanity.
One of these three gents is a good friend (or was, maybe he won’t be after reading this), one is godfather to my daughter and one is a fat and utterly shameless Aussie share promoter who used to think there was more oil in the Weald Basin than in Saudi Arabia and whose latest tweet is below.
Okay, tomorrow is the big day. If you are yet to donate please do so HERE as the Rogue Bloggers are now just over £2,000 off target. In today’s podcast, I discuss at length issues arising from the Skinbiotherapeutics (SBTX) and Optibiotix (OPTI) issue where Steve O’Hara says a man who took a company to the Isle of Man knows nothing about tax! Then onto the fraud Zoetic (ZOE), company specific issues and the wider one, raised by promoter David Lenigas today, of the increased risk caused by margin buying of small caps.
Valereum Blockchain (VLRM) is an Aquis listed illiquid company with a start up business with sod all revenues and sod all cash. But ramped by hucksters like Lenigas and Zak Mir it is now, at 33p capitalised at £21.5 million. Now it seems, according to Lenigas, that IG Index will pour petrol on the fire allowing folks to buy on margin. What could possibly go wrong?
Wishbone Gold (WSBN) has announced approval allowing it to move onto the ground at Red Setter and a “premium priced placing” to “ensure that the company is well funded to achieve its exploration objectives in Australia through 2021”.
Some of us have pointed out for a good while that mining cryptocurrencies consumes enormous amounts of electricity and if you are into all of that global warming green shite, which I am not, then you should not be going near bitcoin. It seems that having ramped bitcoin and crypto, Elon Musk has finally noticed this too.
Shameless Aussie penny share promoter David “Did I mention that Horse Hill is bigger than Saudi Arabia – Lenigas owns shed loads of shares in a tiny Aquis listed serial dog, Valereum Blockchain (VLRM), which has less than £300,000 cash and – as things stand – no actual revenues. par for the course with a Lenigas ramp. His ramping on twitter is bad enough but he saves the worst excesses for a private Telegram chat room where he assumes, one suspects, that he will not be exposed. Wrong!
David Lenigas was unable to float his poxy related party spoof Lenigas Cuba on AIM or the Standard List as regulators objected to the way he awarded himself gazillions of founder shares at peanuts before raising money shortly after from mug punters at a vast premium. There was no justification for the uplift, it was just greed, and even the AIM sewer and the FCA regulated (no sniggering at the back) Standard List have some standards. Luckily, Aquis has no standards and so Lenigas Cuba listed there. Of course it ended in tears. But that established that Aquis has no qualms about quite appalling greed. Take NFT Investments.
On 8th January 2021, the fraud Zoetic International (ZOE) announced that its shares had started trading on the US OTC market, OTCQX and the shares jumped by 10% on the news. For the big lie being pushed by shameless promoters of frauds and other penny dreadfuls listed in the UK is that such a listing will put a rocket under the shares.
The most read non-Tom article is Ariana – Waiting and waiting … by Nigel Somerville at number one, or number seven including Bearcasts and Tom’s new shareshow. Which one is the best of the week? You don’t need to tell me in the comments – it’s clearly the pub quiz.
Valereum (VLRM) in the Aquis lobster pot has, as of today, zero revenues and – if it is lucky – £300,000 net cash. But mention the magig bitcoin word, throw in a few tokens and some magic beans and, hey presto, promoter David Lenigas and the Sith Lord Zak Mir reckon the shares should hit 60p. That would be a valuation of £38 million. Whatever you say Gents…today’s ramptastic love triangle from twitter is below.
Quite honestly what is the point of announcing a lock in arrangement when across London’s junior markets folks either ignore them completely or sell a big line and then get everyone to agree that the lock in now only applies to the remaining shares? Why not be honest and say that what is in effect is an Orderly Market Arrangement except when folks just dump with no sanction which is a disorderly market arrangement?
In this podcast, I discuss the idea of “shit investing”. I look at some stocks which are merde like Tiger Royalties (TIR) and Wildcat Petroleum (WCAT) and things David Lenigas might ramp and others which are not and which I discuss in detail, notably Jubilee Metals (JLP) and Summerway Capital (SWC) run by the wonderful Vin Murria.
Of course, I should not, as a loyal shareholder in Wishbone Gold (WSBN), wish to question the incredible quality of the analysis of the company’s evolving story provided by London’s leading mining analyst Mr David Lenigas. However…
I am off to my late father’s at Shipston in a few minutes so no more from me today. I compare now and 2000 with looks at KR1 (KR1), the bonkers new associate of Richard Poulden, Neil Woodford’s WPCT, David Lenigas and his new pot play with Afriag (AFRI), nonsense elsewhere in that sector and then the odd Coro Energy (CORO) transaction which I feel obliged, as a good citizen, to ask the HMRC to have a butcher’s at.
Yesterday I discussed the shocking share ramp by David Lenigas, Zak Mir, Peterhouse Corporate Finance of Richard Poulden’s Upper Thames Holdings (UPPT), a business with £300,000 of cash, zero operations, which is capitalised at £6.4 million and still the ramp goes on. Part of that ramp is the hire as a non board advisor of Vinay Gupta, a blockchain guru. Sadly, Mr Poulden your new hire is bonkers. Here is how he explains how we can all become millionaires overnight.
Shares in Wishbone Gold (WSBN) now trade at 14.75p valuing the company, now cashed up, at £24 million. This comes on news from the Red Setter project in Western Australia.
I warned folks on 22 January that cash shell Ridgecrest (RDGC) was, at 3.1p, a £13.5 million accident waiting to happen. With folks such as the penny share hucksters at LSE Share talk, employers of disgraced promoter Zak Mir, in full on spiv mode, folks were piling in even though the company had cash of just £2 million and no other assets. It was insane. Still, if Zak says the shares are a buy…
We live in times of sheer insanity. It is a rampers’ paradise and cometh the day cometh the four horsemen of the rampfest apocalypse. I bring you a tale of sheer insanity from the Aquis lobster pot market, formerly the NEX Exchange. It starts with what was once PGC Entertainment (PGCE), a serial uber dog which was eventually slung off the AIM casino. I should say that its boss is my pal Richard Poulden.
Of course, I am not influenced at all by my ownership of a significant number of shares in Wishbone Gold (WSBN), at 15p valued at £24 million. I note the claim, below, by Mr David Lenigas that Wishbone’s gold asset may offer a bigger gold target than that of Greatland Gold, market cap £856 million. If I have ever given the impression that I consider Mr Lenigas a penny share pushing stock promoter prone to laughable hyperbole I would like to apologise. The man, as you can see below, is the most prudent and conservative analyst of high quality gold stocks in Britain today. He is a National treasure.
The most read non-Tom article — that is not a Share Tip of the Year — this week is My Montana Log-Cabin Call for 2021 – Call me a gold bore, but… by Nigel Somerville at number five, or number twelve including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
If I have ever given the impression that Mr David Lenigas, aka Big Dave, is a shameless ramper and promoter of penny shares, I would like to apologise most sincerely. As a fellow shareholder In Wishbone Gold (WSBN), I note the tweet below and it must now be clear to all that Mr Lenigas is the most thoughtful, balanced and objective analyst of gold stocks here in London and, as the late great father of the late Paula Yates used to say, “I mean that most sincerely.” Mind you, on this occasion, Mr Lenigas might actually be right.
Wishbone Gold (WSBN) has announced that it has “completed the acquisition of the Patersons Range project” and “issued 11,111,111 new ordinary shares… equating to the total deemed consideration”…
We hope very much that you took our strong advice to average down on Wishbone Gold (WSBN) at just 2.1p in August. If you did you must now be well ahead. My own losses on this stock are now down to less than £15,000! They were double that. This is following latest news from Australia. And it seems very encouraging…
Wishbone Gold (WSBN) has announced results for the first half of 2020, with it having refocused to what it describes as “a very exciting region for exploration at the moment”…
Wishbone Gold (WSBN) has announced “Acquisition of option in Havieron/Telfer Region”, including emphasising “to secure a deal on these assets is a very significant development for Wishbone” – and the shares have leapt higher to 5.10p… we hope you did as we urged and averaged down at 2.3p on August 20!…
I think that I am still c£25,000 underwater on my Wishbone Gold (WSBN) shares so far be it from me to discourage shameless Aussie stock promoter Big Dave Lenigas from ramping the stock as shamelessly as possible. However…
The most read non-Tom article this week is Royal Dutch Shell – are we nearly there yet? by Peter Brailey is at a sexy number six or at just past the leaderboard at number fourteen, including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
I have been distracted today as you can see HERE. In today’s podcast, I cover Wishbone Gold (WSBN) and Big Dave’s honesty. I look at Supply@ME Capital (SYME) and its latest dishonesty, Cineworld (CINE), Biome Technologies (BIOM) and at Versarien (VRS).
When is an exploration company worth £1 billion? Very rarely. When does its market cap reach £1 billion with almost no, or no, institutional support? The answer is when you are in a bull market and the stock is being ramped by folks saying it could treble again. Ask yourself whether you would rather own 40% of Centamin (CEY) which has cash, is producing vast amounts of gold and whose directors are not big sellers of stock or 100% of an exploration play with heavy boardroom selling like Greatland (GGP). Exactly…my thoughts too which is why I own Centamin. But Big David Lenigas owns Greatland and so writes on facebook:
The most read non-Tom article this week is Bonkers! Adamas bizarrely uses the recent placing proceeds to buy back shares at a higher price! by Gary Newman is at a thrilling number three or on the edge of the leaderboard at number ten including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
I reckon that my losses on Wishbone Gold (WSBN) are now down to around £25,000. In that vein, I should like to apologise for any suggestion that Mr David Lenigas is an unscrupulous ramper of penny shares and make it clear that he is a thoughtful analyst who does detailed research before taking to twitter. For he is at it again.
It is now only four days till my 7th wedding anniversary. Given my track record, I reckon that merits a round of applause. After you have finished the applause, I will apologise to Mr David Lenigas. If I have ever given the impression that he is a shameless ramper of worthless penny stocks, having considered his recent tweets on Wishbone Gold (WSBN) where my losses are now down to a mere £27,500, I would like to apologise. I now accept that Mr Lenigas provides quite brilliant and clear analysis of undervalued gold juniors and we should be profoundly grateful for his services. Elsewhere, I look at Avacta (AVCT), Novacyt (NCYT), Scancell (SCLP), Rurelec (RUR), and Amigo (AMGO).
Shares in FastJet (FJET) have today left the AIM casino so are now untradeable, as well as essentially worthless. Remaining investors face mega dilution or administration or most possibly both. Having warned folks extensively over the years about an operation first set up to smuggle tobacco and which just could not turn a legitimate cent, I feel somewhat vindicated. But there is more… Citigate Dewe Rogerson and the half to £1 million of shareholders cash spunked on nothing!
This has been a dreadful tip from me and the only consolation that you may have if you followed my advice is that I have lost a vast amount on this one myself.Wishboe Gold (WSBN) shares are up by 75% today at 2.45p but I calculate that i still need a gain of c 900% to break even from here. The stock is ahead on news that the company is going to start exploring for gold in Australia and the, rather fruity RNS mentions some grades from chip samples at surface.
Finally the deadwood press is starting to notice that gold is reaching nominal record highs while silver is racing ahead. Admittedly silver still has a way to go to catch up gold in terms of relative historic underperformance. As I revealed this week, David Lenigas is planning to launch a gold shares investment company on AIM. That the old charlatan has moved from pot to gold tells you where the action is at. But is this a bubble as was pot? We called the pot bubble, is it time to start lining up your gold shorts?…
The most read non-Tom article this week is Synairgen – Why I bought, continue to hold and an apology by Peter Brailey is at a fantastic number four or number 11 including Bearcasts and Tom's new shareshow.
If you are thinking in investing in Lenigas PLC, Big Dave’s soon-to-launch London listed mining investment company, before you open your cheque book, have a quick butchers at events yesterday in Canada. I do hope shareholders in Elixxer, formerly Lenigas Cuba, had vats of lube at the ready.
Earlier this week, I revealed the plans of Big Dave Lenigas to launch a gold company for London investors, Lenigas PLC. Lucky us. But hang on... just last year Big Dave told us that pot was the place to be. Perhaps you have not kept up to date with recent events in Canada? Yesterday, a small TSX-V listed cannabis investment company served up the notice below:
If there is a stockmarket bandwagon underway, Dave Lenigas will be the first to get on board.
I cover this company whose shares were up by 500% at one point today. Does Synairgen (SNG) really sit on a gold mine? I also look at three David Lenigas related situations: Empire Metals (EEE), Pires (PIRI) and UK Oil & Gas (UKOG). With regard to the last of the three, I mention Jubilee Metals (JLP), in which I bought some more shares today. I also discuss the "it's too good to be true" rule ref Amigo (AMGO)
It is kind of sweet. The love big David Lenigas has for his fellow share ramper Chris Akers. Today it is Pires Investments (PIRI) where the dynamic duo are at play. the UK's top rampers of AIM listed dross are at it again.
The lower reaches of the AIM market seem to throw-up, on a daily basis, some sub-standard sub-scale company that sees its share price rocket for no good reason, only to fall back as reality kicks in. So far this week it appears to be UK Oil &Gas’s (UKOG) turn. With ramping on Twitter and the LSE bullet board asylum in full flow, all it needed was a few tweets from Dave Lenigas to get things rocketing to the moon. Of course gravity will reassert control on the share price in due course.
As the tweet below shows, UK Oil & Gas (UKOG) operated Horse Hill has been over-run by the unthinking unwashed. For, perhaps, the first time ever my sympathies are with Lyin' Steve Sanderson, Big Dave Lenigas et al who should, in my view turn on the water cannons full blast. After all there is plenty of water coming out of Horse Hill, why not use it?
On Saturday in my main stage AIM rogues presentation David Lenigas and Chris Akers both featured prominently. Big Dave is a shareholder in Pires Investments (PIRI) a stock that was my tip of the year but where I suggested banking gains as it now trade way above fair value. Chris Akers has today announced that he has taken his stake from 3.1% to 6.1% and Lenigas almost wet himself with excitement as he tried to tweet the news out asap, as you can see below. Caveat emptor:
Pires Investments (PIRI) was our tip of the year at a 2.3p offer on 27 December 2019. Today it has announced it is raising up to £1.65 million at 2p. The shares are 3.5p bid! Why the premium in the market when many of those taking part will be spivvy share flippers? Simple, uber ramper Chris Akers has taken one third of the placing.
Oh dear, oh dear, oh dear. Formerly AIM then NEX and now ASX listed sub scale resource dog Doriemus has today learned a valuable lesson: whan a rat says that his word is his bond, or indeed actually signs a placing letter, that means nothing.
Perhaps you remember the farce that was Lenigas Cuba (LGC)? It was not an IPO that covered David Lenigas in glory. The merde seems to have continued....
It may have escaped your notice but Big Dave Lenigas is back and up to all his old tricks as the tweet below shows.
Folks like Lyin’ Steve Sanderson the boss of AIM casino listed UK Oil & Gas (UKOG) and his shrinking band of chat-room cultist supporters still dream that Horse Hill will really turn out to be a Gatwick Gusher, not just another small scale UK onshore play. Today they should be doing some basic maths as UK has increased its stake in the asset from 50.6% to 85.6%.
So often I have heard mention of the Falkland basin and it being written off. With much promise over many years, but little tangible return so far, I can understand much of the negativity. Many oil assets takes far long than hoped to see projects move forward to production, and that has certainly been the case for Rockhopper Exploration’s (RKH) Sealion project as Gary Newman noted last December, but I can see light at the end of the tunnel.
David Lenigas and others seem to think banning shorting is a good idea. Au contraire it would hurt absolutely everyone except fraudsters and shameless promoters. I explain this in full in today's podcast.
The NEX Lobster pot has new owners and comical David "100 billion barrels of oil" Lenigas has welcomed this on the grounds that the new bosses may ban short selling on the lobster pot. Natch this is total bollocks.
Ok, so Horse Hill is now shown to have been a great big 100 billion barrel piss take. David Lenigas does not mind. He is no longer involved with any of the Horse Hill stable of related party companies he helped to create. He’s probably sold his shares. He’s almost certainly made millions of pounds and so he needs a new game,a new crock of shite to ramp. Step forward AfriAg (AFRI) on the NEX lobster pot and the tweet below.
And he went out from thence, and came into his own country; and his disciples follow him. And when the sabbath day was come, he began to teach in the synagogue: and many hearing him were astonished, saying, From whence hath this man these things? and what wisdom is this which is given unto him, that even such mighty works are wrought by his hands? Is not this the carpenter, the son of Mary, the brother of James, and Joses, and of Juda, and Simon? and are not his sisters here with us? And they were offended at him. But Jesus said unto them, A prophet is not without honour, but in his own country, and among his own kin, and in his own house. And this brings us to Big David Lenigas.
In today's bearcast I look at Afriag (AFRI), Big Dave's UK pot play which - as you can see below - he is ramping shamelessly, at Management Resource Solutions (MRS), Eve Sleep (EVE), First Derivatives (FDP), Purplebricks (PURP) and Thomas Cook (TCG). Now re Rogue Bloggers we are now at almost £44,000 and heading towards our £50,000 target. If you are yet to donate please do so HERE. To all those who have donated, many, many thanks.
I was looking at our web stats and noticed that not a lot of people use ShareProphets' archive, at least compared to the new articles. So I'd like to highlight it.
If you had followed the last two share ramps from Big David Lenigas you would be feeling pretty sore. In less than two months you would have spunked two thirds of your cash on Angus Energy (ANGS) and a third on Greatland Gold (GGP). Well done Dave. Today he is pumping UK Oil & Gas (UKOG) as you can see below but has he gone a step too far?
I start with my big moral dilemna - listeners do you have any advice? Then I look at another day of shame for AIM ref Maestrano (MNO) and, more particularly, Immotion (IMMO). I look at Gama Aviation (GMAA), Numis (NUM), Finncrap (FCAP), Greatland (GGP) - another Dave Lenigas twitter ramp heading south - and at Avanti Communications (AVN)
Below I bring you three tweets from the great promoter himself, Mr David Lenigas urging folks to buy Angus Anergy (ANGS) shares at up to 14p as recently as six weeks ago. Uh Oh those in his flock of followers who bought into this ramp must be feeling a tad sick today with the shares at just 5.5p after a statement that raises big questions about Paul Vonk, ousted as CEO last week and the matter of material non disclosure.
Well the year is up, the results are in and my pick of five AIM stocks to sell has offered up a pretty good result. I doubt these shares could easily have been shorted, but I hope readers managed to avoid them at least.
Of course David Lenigas is not on the board of Angus Energy (ANGS) and thus had no idea at all that a heavily discounted placing at 9p would be announced today. And thus his aggressive pumping of the stock on twitter last week, as you can see below, is just another remarkable coincidence. Just like this one ahead of the last UK Oil & Gas (UKOG) bailout placing. Big Dave.., an AIM casino leopard who never changes his spots.
Tear yourself away from looking at how much your portfolio is down and cheer yourself up by providing a caption for the photo David Lenigas is tweeting out today of him standing at Horse Hill with UK Oil & Gas (UKOG) boss Lyin' Steve Sanderson. Post your entries in the comments section below with a deadline of midnight tonight. The wittiest entry wins the usual prize: a semi naked photo of the UK's top share blogger, before lunchtimes, "Thirsty" Paul Scott.
In today's bearcast I help my pal Mr Lenigas out and answer his question as to why shares in Angus (ANGS) are not rising after the Balcombe flow results yesterday. I look at Blue jay (JAY) where it is placing ahoy, Pantheon Resources (PANR), Optibiotix (OPTI) and in detail at Malcolm's favourite penny dreadful, Feedback (FDBK) and its risible trading statement today.
Having demanded we bring back this contest, once again, Juicin Drumroll failed to win last week but he came second and tried very hard as you can see HERE. So he is clearly desperate to win a semi naked photo of Britain's leading share blogger before lunchtime, Thirsty Paul Scott. So we will give him a sixth and final chance. Can anyone stop Juicin from winning this week? Okay here is the challenge for you all:
Yesterday at 5.20pm – no-one-is-watching o’clock – paid-for research house put out some piffle about AIM-listed Haydale (HAYD). The shares are attractively valued compared with their peer group, on P/NAV and EV/sales, and also on a DCF basis don’cha know. Well, maybe – apart from the fact it is loss-making, going to run out of cash and the last placing was at a 32% discount! If the company thought that would get a lift in the share price, I’ve got bad news….
Having demanded we bring back this contest, once again, Juicin Drumroll failed to win last week but he came second and tried very hard as you can see HERE. So he is clearly desperate to win a semi naked photo of Britain's leading share blogger before lunchtime, Thirsty Paul Scott. So we will give him a fifth and final chance. Can anyone stop Juicin from winning this week? Okay here is the challenge for you all:
Having demanded we bring back this contest, once again, Juicin Drumroll failed to win last week and so for the fourth time the semi naked photo of Britain's top share blogger before lunchtime, thirsty Paul Scott, went elsewhere. Come on Juicin this contest is for you please try harder....if you don't win this week we are dropping it.
Update. Two thirds of this podcast stands. The ramping and share dealing comments are 100% fair and very serious. But there is no placing as this podcast suggests - I was "played" as explained HERE. David Lenigas is leading the ramping of Angus Energy (ANGS) shares as you can see below. A placing is on the runway, Then there is the issue of the shares sales by America 2030 of shares ex CEO and Company founder Jonathan Tidswell-Pretorious claimed to own as we reported here. Quite simply what Angus stated in RNS statements which is what we reported is not what happened and it has failed to acknowledge that and what has happened since. Until it does new Nomad and broker Stockdale must surely stop any placing going ahead - there will be one one day. Listen and despair of the AIM Casino.
Having failed to ramp shares in UK Oil & Gas (UKOG) on the back of its utterly misleading RNS yesterday, an episode discussed at length here, Big Dave Lenigas tried to deflect attention by launching an amazing twitter rant at anti drilling protesters at Horse Hill. It started off as only semi-Musk but by the end, as you can see below, it was alarming.
Below you will find shameless ramping on twitter from David Lenigas and also a link to BMD's take on the latest shameful RNS from UK Oil & Gas (UKOG) on the "Gatwick Gusher." The language used in the RNS is misleading and what is served up offers no evidence at all that the shares are not grotesquely over-valued. Only a sordid festering boil on the side of AIM such as Nomad Roland "fatty" Cornish could have signed off on this tripe. There is lso a clear signal of m ore discount placings ahead with the appointment of bucket shop spivs Novum as co-broker. that means just one thing. All is explained in this bonus bearcast as I look at the real data offered not the Leni-maths.
I first heard about Bitcoin in 2010, when it was it was about 5 cents per coin. At the time, I thought that maybe I should buy £100 of it to see what it's about. Things being what they were at the time, I never bothered. My back of the envelope calculation says that £100 in 2010 would have been worth around £7,000,000 today, and that's after a recent crash.
In this podcast, my last from the Greek Hovel for some weeks, I discuss the delusions of David Lenigas, Tesla pot head Elon Musk and our own in-house Bulletin Board Moron Wildes in a tag team combo with the Archbishop of Canterbury. Who is most deluded? I have the answer and explain why.
Having demanded we bring back this contest, once again, Juicin Drumroll failed to win last week and so for the third time the semi naked photo of Britain's top share blogger before lunchtime, thirsty Paul Scott, went elsewhere. Come on Juicin this contest is for you please try harder....
Having demanded we bring back this contest, once again Juicin was beaten by Drunken Sailor in last week's contest as you can see HERE. Drunken now wins a second semi naked photo of Thirsty Paul Scott as his prize. Okay, for one more week I urge you all to post your entries to stop Drunken making it a hat-trick.
The question that I am wondering about this week is what companies or sectors are we not covering? ShareProphets writers are free to follow their passions and write about the companies that interest them. But what about you? Who would you like us to cover? Either companies or sectors. Of course, I promise nothing(TW Note becuase the writers will write about what interests them not under diktat!) Answers in the comments, please.
Finally after 48 hours of moronic and unpleasant harassment by a brigade of half-witted members of the cult of Lenigas, the Messiah himself was prompted by one particularly loathsome tweet (see below) to call a halt. I think David Lenigas wants the morons to play the ball not the man but what he says is a welcome start. Whether the UK Oil & Gas (UKOG) owning retards get the message is another matter but, thank you Big Dave for this...
I trained as an oil analyst 27 years ago and have been writing about the sector ever since. Those morons who thought they knew better, as they filled their boots with Gulf Keystone (GKP), Xcite (XEL), Magnolia (MAGP), Andalas (ADL) and UK Oil & Gas (UKOG) always thought they had greater sector experise and on twitter came up with devestating responses to my hard analysis. Meet utter fucktard Donato Perretta, a UK Oil & Gas owning moron.
A man who slammed Elon Musk of Tesla for making irresponsible statements that he could not validate via twitter has just made the most ramptastic claim in history about the Gatwick Gusher. Step forward David Lenigas. Without extensive drilling which has yet to take place Big Dave Lenigas cannot justify this statement in any way shape or form. But apparently the Russians are quaking that little old UK Oil & Gas (UKOG) is going to transform the metrics of global oil supply... whatever...
Giving its piss poor drilling results elsewhere the future of UK Oil & Gas (UKOG) is almost entirely a play on the Gatwick Gusher, aka, Horse Hill, aka the latest mega ramp engineered by David Lenigas. Today UK upped its stake in Horse Hill by an effective 4.55% to 36.985% in a deal which only demonstrates more clearly how grotestquely overvalued its own shares are. That is unless you are using Leni-maths.
As we all know, David Lenigas is the high priest of ethical tweeting, never tweeting anything that could not be fully verified and as such he is the ideal man to call out Elon Musk for his sins. Next up, the Pope tells the BBC to get its house in order over sex abuse scandals...
In today's bearcast I start with Argo Blockchain (ARB) and what our coverage shows again. Then it is onto Mark Carney and the Sunday Times talking Project Fear Brexit bollocks on Sterling. Finally David Lenigas, Luke Johnson and why this bubble will not be different to any other.
I'm a fan and user of Uber. I call up an app on my iPhone, tell it where I want to go, and five minutes later someone will come by and take me there at a price less than the cost of a Black Cab. This can happen because Uber has billlions from investors and loses money on every ride that it provides. I didn't say I was an investor of the service.
On Thursday, shares in Tesla (NASDAQ:TSLA) rose to levels not seen since June, as the market reacted favourably to its Q2 numbers and the subsequent earnings call.
The leopard does not change its spots. Pumping UK Oil & Gas (UKOG) hard as it was trying to arrange a bailout placing is bad enough. But now we come to Angus Energy (ANGS) another Horse Hill play and one where the CEO has just "been resigned" in disgrace following revelations HERE. But Big Dave has, as you can see below, been pumping its shares hard on twitter. What happens after a Big Dave pump?
The action of Big Dave and the inaction of Mr Bear are explained in full. The podcast covers: Optibiotix (OPTI), Avanti Communications (AVN), Anglo African Agriculture (AAAP), Westminster Group (WSG) and IDE Holdings (IDE).
First of all thanks for all the kind comments on the Woodlarks walk. The final photos and my final thoughts are HERE. It is not too late to donate HERE and that is what David Lenigas should do now as he gets his twitter knickers in a twist over his pre-placing tweets on UK Oil & Gas (UKOG). He now says on twitter he was an insider -in the US that would be a perp walk admission. The shameless old ramper is now batting for Angus Energy (ANGS). Elsewhere I cover Optibiotix (OPTI) and the odd Midas call, Wolf Minerals (WLFE), N4 Pharma (N4P), Arden Partners (ARDN) and Goldplat (GDP). Back to Woodlarks: next year I seek volunteers to join the 4 rogue bloggers. I now have 4 (PR genius Steffi, daughter Olaf, my pal the Euro loon Jonathan Price and Steve Moore), if you are up for it email firstname.lastname@example.org
As of last night a group of UK Oil & Gas (UKOG) twitter trolls have moved from attacking me over THIS ARTICLE to having a pop at Woodlarks over the walk on Saturday. Big Dave Lenigas is copied in on these tweets. I urge him to state clearly that attacking charities for the disabled is obscene and to make a donation HERE - as should any bearcast listener who has not done so already! I have recorded a special Woodlarks podcast today which you can listen to HERE. In this bearcast I ask what will make an overvalued market crack and look at Tern (TERN), Amur (AMC), Metals Exploration (MTL), Optibiotix (OPTI) and Uk Oil & Gas (UKOG) once more.
The UK Oil & Gas (UKOG) twitter feed, dutifully retweeted with added hype by David Lenigas, has so far reported three tankers leaving Horse Hill full of oil to be sent to the BP refinery. But is this proof that the Gatwick Gusher is a gusher? That is what the Bulletin Board Morons believe but they would believe almost anything. Let’s look at the tweets below and do some maths, not Leni-maths, real maths.
With shares in UK Oil & Gas (UKOG) flying and another £5 million raised at 2p yesterday, the loons who own this stock are out there on social media buzzing excitedly like flies who have located cow dung, once again making the most ludicrous of assertions.
I'm certain that all of you have today risen your morning tea in a toast to my homeland, Canada, on its 151st anniversary of existance.
You would have thought that after being caught ramping UK Oil & Gas (UKOG) where he is a paid consultant in the most shameless fashion and with statements he could not verify as a bailout placing got underway, as exposed here, Big Dave would STFU. But now...he has no shame and is tweeting like a dervish once again as you can see below. In the US this sort of behaviour by "consultants" would be dealt with very firmly indeed but this is the AIM Casino.
Welcome to the strange and wonderful world of NEX-listed (and ex-AIM) Afriag (AFRI). Last night at no-one-is-watching o’clock (5.37pm) a very strange missive emanated from the company, which seems to have left a funny smell lingering in its wake. What’ve they been smoking?
We forced a statement last Friday and, today, UK Oil & Gas (UKOG) says it has completed an “oversubscribed” placing at 0.9p. FFS these bastards have a nerve. How they abuse and insult the owners of this company, its shareholders.
It was a sordid end to the week for UK Oil & Gas (UKOG). On Thursday its "consultant" David Lenigas was ramping the shares on twitter with outrageous claims as exposed HERE. On Friday morning I revealed that a placing - which clearly Big Dave knew nothing about - was underway HERE and by midday UK had fessed up with weasel words, see HERE. The shares closed Friday at just 1.05p-1.1p. So at what price will the bailout placing be? You vote below with a deadline of midnight Sunday:
My planned 7.5 mile training walk (pushing Joshua) today became 10 miles as I explain HERE. Think about my poor sore feet and aching legs and if you have not yet donated a tenner to the Woodlarks appeal please do so HERE. In the podcast I explain why the fraud MySquar (MYSQ) and UK Oil & Gas (UKOG) face the same predicament and that is why the latter may well place at as low as 0.5p next week. I then look again at the tweets of David Lenigas last Thursday - HERE - surely there is something very wrong in this matter.
This tweet below is just one of a number of bullish tweets about Horse Hill where the biggest investor is UK Oil & Gas (UKOG) made by David Lenigas the founder of UK and, as far as we know still a shareholder. Today it has been forced by me to fess up that a bailout placing is underway. The problem with Big Dave's tweet is that it is bollocks. As to the idea that it is a pre-placing ramp, no way Jose, not David Lenigas, this is just a coincidence.
In today's podcast I look at why some folks really don't get it. If I want to stop risking my capital and working ball-breakingly long weeks and retire that is not selfish as one poster suggested when I said why I was planning on doing just that HERE. I look at market falls and why I expect more and at UK Oil & Gas (UKOG) and where the shares go now. What does David Lenigas say & what will happen? Finally House of Fraser is joining retailageddon. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH - Oh and Big Dave will also be there on a panel discussion covering Uk onshore oil & gas!
I have been shown emails which confirm that NEX Markets listed AIM refugee Afriag Global (AFRI), founded and run by David Lenigas is now under a formal investigation by South Africa's Companies and Intellectual Properties Commission (CIPC). Given the allegations about Yusuf Kajee and Paul de Robillard, the key players in Afriag earlier today, the company and those involved are now likely to come under inense scrutiny from regulators in London.
Clem Chambers was no idiot when he renamed ADVFN's holding company from On-Line Plc to On-line Blockchain Plc. The only way better drive it home would be to have renamed it On-line Tulip Plc.
UK Oil & Gas (UKOG) may be out of cash and needing to raise £10 million PDQ. It has tried the old French bid ruse but was exposed, it has tried billions of barrels claims but been exposed so how to ramp the shares. Okay Big Dave may have sold many of his UKOG shares into the last6 ramp but let's not discuss that, the cash crisis, the refusal to admit flow rates or go for any hard analysis. It is time to wheel out Big Dave for an uber soft interview c/o the LSE Asylum with a man who makes Graham Norton on Crooked Hillary Clinton seem like Frost on Nixon The shares are up by 2% on this ramp, a chance to sell some more at 4.45p
We have warned you often enough that the valuation of Sound Energy (SOU) is que absurd even though the shares, at 55p, are well off 99p year highs. Still anyone not using today's "news" from Morocco as an opportunity to sell is nutso. Here is how a leading broker called it:
NEX-lobster pot listed Afriag (AFRI) slipped out a 4.45pm placing announcement last night – a no-one-is-watching o’clock special, raising enough to keep the lights on but not much more. But there seems to have been a spot of confusion over which company was issuing the RNS. Was it Afriag or fellow David Lenigas company Doriemus (DOR) – also of the NEX province?
I see that UK Oil & Gas (UKOG) has cemented its position as the nation’s favourite oil tiddler with a stonking rally to 5.1p since my recent short call at 3p. I haven’t received such joyous vitriol on twitter since I called Cloudtag a sell at 7p and saw the shares rise to 20p. Tom Winnifrith gleefully points out that he is glad to see someone take over as the Bulletin Board Moron's No 1 hate figure, at least for now.
In April 2015, at Waterloo station I looked up and saw, on a giant television screen streaming live Sky News, the portly figure of colourful Australian share promotor David Lenigas making wild and, as it turned out, unsubstantiated claims about the ‘Gatwick Gusher’, the voguish oil play situated on the Sussex Weald. Instinctively, I reached for my phone and shorted UK Oil & Gas (UKOG) which had trebled to 3p on the excitement.
Every AIM company must have a Nominated Adviser, a NOMAD, to retain its listing. A Nomad is an FCA regulated financial adviser which charges an arm and a leg as a retainer to ensure that every RNS issued is 1005 accurate and that the company also complies with all the other AIM Rules. Not, as the LSE has made clear, that there is any downside in breaking all the rules or telling outright lies. That brings us to UK Oil & Gas (UKOG).
Legalised cannabis is right up there with The Internet of Things and Blockchain Technology as "hot" stockmarket promotes right now. Anyone who wants to grab the interest of investors, especially Stateside, is getting into the pot game. Cometh the day, cometh the man... step forward Big Dave Lenigas.
A few weeks ago I penned a piece on Blenheim Natural Resources (BNR) in which I was highly skeptical of the recent holdings RNSs from a certain Pershing Nominees/Valbury Capital.
It's a sad day in the annals of the Bulletin Board Moron contest.
The prize is a cheap one way flight to Mars organised by Elon Musk a promoter who makes David Lenigas seem bashful and understated. The challenge: We're looking for exemplary examples of sheer stupidity from those founts of brilliance; LSE.co.uk, III.co.uk and ADVFN.co.uk. The deadline to post your entries in the comments section below is midnight, Sunday 25 June.
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.
Blenheim Natural Resources (BNR) isn’t exactly on my list favourite AIM companies to invest in, but even I have been surprised by the recent sizeable drop in share price.
No comment is needed. The release speaks for itself and is utterly massive news about the expansion of our annual show.
In this video from the storming success that was the 2017 UK Investor Show, David Lenigas of Anglo African (AAAP) discusses making money on African investments with Chris Bailey of Financial Orbit and Laurence Read of Victoria Oil & Gas (VOG), compered by Nigel Somerville. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
In this video from the storming success that was the 2017 UK Investor Show, David Lenigas of Doriemus (DOR), David Bramhill of Union Jack Oil (UJO), Jonathon Tidswell of Angus Energy (ANGS) and Gary Newman discuss UK Onshore Oil. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
It was a full house for David Lenigas, David Bramhill, Jonathon Tidswell and Gary Newman speaking on UK Onshore at the UK Investor Show. Diary date - 21 April 2018!.
If you had to bet the ranch on one share listed in London what would it be? I guess most of us would go for a FTSE 100 stock: Tesco, GlaxoSmithKline or maybe Shell. For the man known as Britain's Buffett, Nigel Wray, the answer is not a blue chip but a small cap. For that is how Wray has made his fortune taking large stakes in smaller companies such as Domino's Pizza when no-one had heard of them.
Blenheim Natural Resources (BNR) may have seen a large increase in its share price, but in my opinion it is still one to avoid and was basically insolvent on paper prior to the recent placing, and had been for several months!
It is just over a year since my pal David Lenigas, listed Leni Gas Cuba (LGC) on ISDX. It has subsequently undertaken a reverse takeoverof Knowlton Capital on 12 July 2016 to obtain a listing on the Toronto TSX Venture Exchange. Following the recent publication of its results, I decided to have a butchers. To be fair to Lenigas, he has made one cracking investment. But the overall picture is ...mixed.
The world still hates small oil stocks. We are not sure when that will change but given how many of the mid caps are collapsing either entirely (Afren) or surviving only via schemes that see shareholders almost wiped out ( XCite, Gulfsands, Gulf Keystone, IGAS, LGO, etc, etc) we feel we could be at a Burmah Castrol moment. Do a google search if you are too young to understand the reference!
The UK's top one day investor show is now jointly owned by the family of the man known as Britain's Buffett, Nigel Wray and this is the LAST DAY to bag a ticket for the show and an all star cabaret at Saracens at a 33% discounted rate. Book TODAY for what promises to be two magical events. The 2017 conference is going to be a blockbuster!
Andalas Enrergy (ADL) has announced that its chairman has launched a "blog". Paul Warwick sounds like a pompous twit and asks for some feedback and questions. Paul is no David Lenigas, who as corporate folk go, is not a bad blogger, but I am here to assist so here goes. A few questions follow and Andalas shares remain a slam dunk sell.
In an article earlier today I suggested that my good friend David Lenigas was a slam dunk to win the individual gold medal in the new Olympic Sport of share ramping. But I was concerned that the recent poor form of long term stalwarts of the Roos, such as Pirate Pete Landau and Andy Carroll, means that the Auzzie team in the freestyle share ramping relay event was in deep trouble. Indeed...
Horse Hill was incorporated on 10 December 2013. Angus Energy was the founding shareholder of Horse Hill and after formation and being issued 300 shares exchange for the issue of licenses in the underlying oil fields ended up with 400 shares out of total of 1,000 shares. David Lenigas was appointed a director on 8 December 2014 and resigned as a director on 13 July 2015 and was a key promoter for some of the listed entities that now a large proportion of Horse Hill entity.
UK Oil & Gas (UKOG) has today announced that it has bought another 6% of Horse Hill Developments, 3.9% of the Horse Hill Field for £1 million. The deal makes no sense at all and stinks at every level. Here is why.
You cannot keep a good stock promoter down. And say what you want about him , and I do, David Lenigas is pretty good at promoting, usually worthless, shares and he is back. In case you had not noticed he has rejoined the board of two of his former charges in the past week. I have today spoken by email with the big man.
Big Dave stepped down from the boards of all AIM listed companies pre Christmas so maybe the guy is bored and has time on his hands? Poor Dave. Our thanks go out to an eagle eyed viewer who has seen how Mr Lenigas is keeping himself occupied. Having conquered the world of blogging he is now getting into acting as you can see 1 minute and 46 seconds into this trailer for the new Ghostbusters movie. Go get 'em Jabba!
With Leni Gas Cuba (CUBA) posting its half-year results and its scheme circular for its RTO with Knowlton on Friday, it is a good to time to reflect on what delights the Canadians have in store.
I start with a look at how in stockmarket terms insanity begets insanity. No this is not how David Lenigas thinks of me and my mother but our case study here is Highland Natural Resources (HNR). I think explain why good journalism, that is to say breaking stories that are price sensitive, is not breaking the law. Finally as the polls move our way I ponder how you make money when team Brexit wins the EU referendum. One reason why I think we might win is how Labour voters are shifting and that is covered in a podcast on my own website HERE.
Announcing your annual results at 1.38 PM ensures that some folks will miss the horrors you reveal. London's most useless Nomad, Mr Roland "fatty" Cornish will just be starting course two of four and so will not be back at his desk until the next trading day. So there is some point in sneaking out the bad news in the middle of the day. And that brings me to the trainwreck with Neil Ritson at the wheel, but David Lenigas driving from the back seat, LGO Energy (LGO).
Picking up on Cynical Bear’s footballing analogy and having previously wondered whether there might be a skeleton in the cupboard of ShareProphets AIM-China Filthy Forty MoneySwap (SWAP) in the light of last week’s ‘fessing up by fellow Filthy Forty PCG Entertainment (PCGE), further digging reveals a festival of Red Flags. Look no further than the previous stamping ground of MoneySwap and PCG Entertainment (PCGE) former chairman, Mr Kung Min Lin, at Power Capital Global Limited (PCGB), which started life as Sportswinbet (SWB) in 2005. Here are the first half highlights.
Delisted from AIM and so now only listed on the ISDX lobster-pot AfriAg (AFRI) published its FY15 Annual Report the other day. You can read it HERE. There remain plenty of unanswered questions (see HERE) but on one point the Annual Report reveals an extraordinary cynicism in the boardroom as it was before former Exec Chairman David Lenigas departed the scene.
On Friday - ahead of the bank holiday weekend - at no-one-is-watching o’clock (natch) ISDX-listed Leni Gas Cuba (CUBA) updated twice on its proposed take-over by Canadian TSX-V listed Knowlton Capital Inc. There is much to mull over there, but we have also recently had interim numbers from Knowlton and the implications for those caught in the lobster-pot of CUBA are horrific – anyone who handed over more than the 0.01p that David Lenigas paid for the bulk of his shares, that is.
I find Octagonal (OCT) such a frustrating stock as, at the heart of it, there appears to be a decent business that can throw off cash and that potentially looks undervalued using standard valuation metrics but while the CEO and major shareholder, John Gunn, continues to use its bank balance as a personal investment piggybank, I have to leave it well alone.
This was recorded before the summer truce and so that really is it from me on Big Dave. He can site on his luxury yacht checking out the birds in Monaco, I shall sit in my Greek Hovel, clocking the snakes and rats and not having to meet another human all day. I think we can safely say that neither of us would want to swap! I hope we both have a relaxing and stress free summer. Anyhow here's the video from the show. Enjoy.
I’m a bit confused: how can you sell down your holding and at the same time increase your % interest all at the same time? Well, I guess that’s pretty complicated stuff and best left to the professionals.
I am meant to be on a summer truce with David Lenigas so I shall interpret today's RNS from Lenigas Cuba (CUBA) as poor David being hoodwinked by the company he is meant to have done a JV with. That company is Commercial Funded Solar Ltd.
To his credit after a little final flourish last night Mr David Lenigas has gone all quiet on twitter in terms of character attacks on me and I shall reciprocate. Its a summer truce on twitter although I have a few articles to write. But I do worry, for his sake, that Mr Lenigas appears to have attracted some of the stupidest people on this planet to tweet nonsense which they - mistakenly - think might please him. Meet Kathryn Buckley.
David Lenigas on Friday made the following exciting announcement regarding the disastrous ISDX IPO that is Lenigas Cuba (CUBA). He boasts of an RTO but it is all utter bollocks. Jabba announced:
24 hours to go to UK Investor and I am screaming at all comers, I really hate the days in the run up to the show. Anyhow (it will all be over tomorrow and I hope you have a great time. Can someone bring me a bottle of ouzo to dull the pain afterwards? On today's podcast I look at the Restaurant Group (RTN) and what its profits warning says about the economy and consumer behaviour. I look at David Lenigas associated shite Octagonal (OCT) and its rum and coke statement, Nighthawk (HAWK), London Capital (LCG), Igas (IGAS) and make a general observation about oil prices and oil stocks.
Earlier this week I ran an article which David Lenigas responded to by accusing me of getting my facts wrong and thus been a pathetic sad person and poor journalist. It is at least better than tweeting about my mother's suicide 40 years ago. I demonstrated HERE that Lenigas was 100% wrong, my facts were 100% right and that he was a smearing, liar, happy once again to mislead his investors. Tomorrow at UK Investor Show I shall demonstrate he is much much worse. Lenigas has responded to his impending downfall with a new tweet.
I found this impossible to believe but Jabba was taped in action. The man who claims to have no managerial involvement in the companies running Horse Hill has phoned critics of the scheme asking them to retract their comments.
The last time I got a "late night" text from David Bick, the thirsty PR man for share ramper David Lenigas, the Guv'nor warned me not to go to his Manor in E13 or else.... But as Bick prepares to see his client Jabba The Hutt exposed on Saturday at UK Investor show and with his client now reduced to tweting out blatant lies that just make him look a pathetic wretch, I have received another bizzare late night text.
David Lenigas has no shame. He yesterday told the most blatant 100% lie and smear on twitter, duly retweeted by a collection of morons - two of whom also posted comments underneath my article of yesterday here. It really is just rather sad to see a man move from shameless ramping to blatant lying and smearing about demonstrable facts. I fear Jabba is losing it. Poor man. Let;s start with his tweet
This is becoming a bit of an annual ritual. And it is always a kiss of death for an PLC that tries to bully UK Investor Show speakers with fascist lawyers letters. Like it really worked out well for blinkx (BLNX) did it not? So which PLC has made its shares a slam dunk sell with a fascist lawyers letter last night reminding us that they have bought a ticket and we are being watched and threatening awful things. You vote in our latest poll - deadline midnight tonight. Is it:
Gracie May Turner sent out her first tweet today Her best pal who she chats to Miriam Sharples also sent her first tweet today. Both have tweeted just five times. Both tweet on David Lenigas themes only and love shares in his companies. And both commit market abuse. I put it to you that both are bogus accounts. In response to the damning Horse Hill bombshell earlier, Gracie May tweets:
Monaco tax haven based promoter David Lenigas is today ramping Horse Hill shares at a minor trade show run by another offshore based share promoter. "tax minimization 'R us - screw the NHS." But, at the rampathon, what the fat Aussie wont be brandishing is a regulatory filing from late last week by Magellan Petroleum, the US listed owner of 35% of Horse Hill Developments. You see it wants out of Horse Shite big time.
Jabba The Hutt has taken to twitter last night complaining that I have not published his latest abusive email sent to me at 7.07 PM after yesterday's expose. Apparently I have to drop everything to respond and publicise this journalist bullying and smearing fat Aussie share ramper. Needless to say, the email from David Lenigas is pathetic but just to bring a smile to his face as he gazes down to the marina in the Monaco tax haven, where lives, to look at his 36 foot yacht....
There are two statements from UK Oil & Gas (UKOG) today. One is a hard financial transaction which demonstrates clearly that UK Oil & Gas shares are horrendously overvalued and the other is the most ludicrous attaempt at share ramping in the history of AIM. Defenders of Steve Sanderson, UKOG's CEO, say that he is trying to distance himself from the Aussie share ramper David Lenigas. Frankly even Dave would have struggled to sign off on today's ramping. It is cringe-making and it is noticeable that although it relates to a Horse Hill study, no other Horse Shite company has dared publish these ridiculous claims.
Darren Winters sent me a lawyers letter in the Autumn for calling him a charlatan and snake oil salesman and threatening me with legal action if I did not withdraw what is a statement of fact. I shall see the Winters bitchez in court and he is a moron for thinking I'd say anything else. Anyhow Winters got another courtroom beating from team Sheriff today so maybe he has learned who not to try to bully. Back to real morons and this week's Bulletin Board Moron of the Week contest where there was only one winner...
Young Conman Windham has listed at least four companies on the ISDX market which have all proved to be complete disasters for investors. This man makes David Lenigas look like Warren Buffett in terms of value creation. Undetered by serial failure - chronicled here - Conman Windbag is now threatening to inflict a new venture on ISDX, Flamethrower PLC. Natch this is a rum and coke too.
Do you have any questions for the new management team at Strat Aero (AERO)? I do and they are below. Would you like to quiz whoever is in charge well thanks to the Sith Lord Zak "Judas" Mir you can. You can also ask Judas a few questions and, to get the ball rolling, I have one regarding David Lenigas.
There was some oustanding abuse handed out to disgraced journalist smearer and fat Aussie share ramper David Lenigas in our latest caption contest as you can see here. The winner?
Good God, what is it that really interests you, dear ShareProphets reader? Look at these topics: Homophobic phrasing, alleged David Lenigas smears, ShareSoc's Roger Lawson talking bollocks, and pewter-circle law firm Pinsent Masons partner urging Sefton to smear Tom and Brokerman Dan are all making the top ten. Why aren't you readin Don't Short The Big Short. This Film Is A Master Class in How Top Traders Work.? That's a good piece of financial commentary.
There are no prizes at all but the deadline to enter these two contests is no-one is watching O'Clock tonight (Friday), or as they say at the US Oil & Gas (USOP) press office, rush hour. The standard of entries so far as been incredibly high so to see those entries and post your one for EBITDA go HERE and for Jabba's yacht go HERE and e now also have a Call Me Dave tax dodging caption contest HERE
Since March 3 in 25 working days, my old pal Jim Mellon's AIM casino listed FastForward Innovations (FFWD) has released 9 ramptastic good news RNS statements - one every three days. Since 31 March it has released 6 statements - that is to say almost one a day. It is almost as if Jim has been taking lessons from the master, Mr David Lenigas, on the art of the blizzard of ramptastic releases. Yet another placing with your tea vicar? It is also the nature of the releases that concerns me.
Yesterday on the back of news from the Kiliwani gas field in bongo bongo land Neil Ritson, gopher to the fat aussie share ramper David Lenigas seemed keen to let share trading morons across the land know how exciting this was for Solo Oil (SOLO). Some morons paid up to 0.4p in the secondary market. The shares are now 0.27p to sell after the inevitable placing but the numbers still make no sense.
On 15 December 2015 long time David Lenigas lackey Roland "fatty" Cornish floated, already Aussie listed, European Metals (EMH) on the AIM Casino on the back of its Cinovec lithium project in the Czech Republic.
David Lenigas would like to let shareholders who have lost a fortune in LGO Energy, Inspirit, Afriag, Lenigas Cuba, Polemos, Doriemus, etc, etc that he shares their pain as we can show in the photo below.
By email and by twitter last night David Lenigas sank to new depths in an attempt to bully me into not speaking out at UK Investor Show on April 30 explaining why the fat Aussie share ramper has no place on AIM. Mr Lenigas should be truly ashamed as he wakes up this morning to what he posted last night. I doubt he will be. Mr Lenigas and his associate the tobacco smuggler Yusuf Kajee have both in the past tweeted references to my mental health and the death (by suicide) of my mother. And so one of Jabba's offerings last night was
It has all gone a bit quiet in the boiler room but in the absence of any real news who better to step up to the plate and pretend that there is good news than fat Aussie share ramper Jabba The Hutt? With just 25 days to go until he is 100% exposed at UK Investor Show by myself (SEE HERE), today David Lenigas tweeted:
Polemos (PLMO) has been a value destruction exercise par exellence by David Lenigas and his wrecking crew and news of another planned placing today just adds to that tale. The only question is who would be daft enough to get involved?
Oh dear, it seems that Britain's top share blogger is on the warpath again and has made public a letter of complaint about the language used on this website accusing us, I think, of homophobia.
Due to the huge interest in my UK INvestor Show session "Why David Lenigas should be drummed off AIM forever" we are now miving this session to the main auditorium on April 30 2016. I would not want anyone to miss out. And if you needed further evidence of why the case is such a slam dunk here is a tweet from 48 hours ago:
LeniGas Cuba (CUBA) fans will remember that they purchased a 15.8% interest in MEO Australia on 29 February as described below in its announcement. They will remember how Jabba The Hutt ramped this news via twitter to the morons who follow him and trust him with their hard earned cash. Hmmmmm.
I do mention names here starting with the criminal Chris Oil - a robber peasant - down to those who are playing the system legally as corporate barons. Folks like David Lenigas and Jim Mellon (with referece to 3 Legs) are not breaking the law in the way they make a killing on shares but it is immoral and it stinks of a market rigged against you and I where the few must prosper while many cannot. With referece to the Easter message how should one react?
LGO has been flagging that this would happen for months but now that the royalty rates on Goudron have been cut, Neil Ritson is announcing the news as if it was the second coming of Jesus. It is not. For starters Jesus would struggle to find three wise men and a virgin to welcome him at any company associated with David Lenigas. This company is still screwed and more confetti issues are ineviable ahead of its next formal debt repayment default in May.