The mistake in yesterday's podcast was on Telit (TCM). In fact it is even worse than I thought! The good news is that sponsorship of the walk I'm doing with Brokerman Dan for Woodlarks has now topped £9,000. I explain here why this walk makes the difference between Woodlarks having to cut services or carry on, please do give a tenner today. This afternoon sees Joshua and I on another training walk, my second in two days. Think of my pain and COUGH UP HERE. In a long bearcast I predict that, after today's shocking news, FastJet (FJET) will be sold for £1 and explain why. I look at Havelock Europa (HVE), 88 Energy (88E), Lyin' Steve Sanderson's UK Oil & Gas (UKOG), Frontera (FRR), Andalas (DOG), Mysquar (FRAUD) and Audioboom (BOOM).
Corporate and public sector interiors company Havelock Europa (HVE) “is pleased to announce an agreement in principle to secure additional funding for the company. The company also provides an update on trading in respect of the year ended 31 December 2017”…
Having previously, in June, stated it “more than usually so… expect 2017 performance to be significantly weighted towards the second half” though also attempted to reassure that “whilst activity in the Public Sector is expected to be below last year's levels, this will be balanced by a better than expected demand from Retail and Lifestyle and Corporate Services clients”, there is now from interiors company Havelock Europa (HVE) a further “Trading Statement”. How’s that expected more so than usual second half weighting working out?...
I covered the Interquest (ITQ) scandal in a separate bearcast HERE. If you like bad language or tales of AIM wrongdoing you will love it. Elsewhere I look at the latest utterly meaningless trading statement from Audioboom (BOOM). Why is its CEO Rob Proctor so averse not only to defending free speech but also to handing out metrics that actuially mean anything. He is another man for the job of lavatory attendant at the Athens bus station. And BTW this company is going to run out of cash AGAIN. I also look at Havelock Europa (HVE), UK Oil & Gas (UKOG) and 88 Energy (88E). Now SIGH UP FOR A HOT SHARE TIP FREE HERE NOW!
Last month, I brought to readers’ attention the binary outcome facing investors at Havelock Europa (HVE), which must surely be worth multiples of the current share price if it can ever stage a successful turnaround. We have not had to wait long for further news.
Interior fit-out contractor Havelock Europa (HVE) published its annual report today, putting colour and detail on 2015’s annual results. This has been an unprofitable business in recent years but the low market cap should be of interest to value investors as it attempts to stage a turnaround.
In today's podcast I start with my thoughts on the NHS. Guardian readers may wish to fast forward past that.Then it is onto assisting a twitter dickead (not David Lenigas) on Reach4Entertainment (R4E) and Nigel Wray. Then it is onto CDialogues (CDOG), blinkx (BLNX) and Havelock Europa (HVE). Finally a few more words on Gulf Keystone (GKP), Alba (ALBA) and Horse Hill.