Keyword results: RTO

RTO
RTO
PREMIUM CONTENT

Rentokil solves a bunch of pest problems, but should you buy its shares?

Until I looked yesterday I never would have guessed that Rentokil Initial (RTO) - founded in 1925 as a pest-control business - now has a market cap of just shy of £10 billion, so if you have held the stock for the last decade or so then you would have done rather well. But what has gone has gone, so what should investors be thinking now about the “world’s leading commercial pest control services provider (and) the world’s leading commercial provider of plants and scenting” which now operates in nearly 90 different countries around the world?

Subscribe to ShareProphets to access Premium Content
PREMIUM CONTENT

BREAKING: AAA shares changing hands at just 25p via spreadbetters is the Asimilar house of cards about to collapse?

Whiffy investment company, Asimilar (ASLR), has engaged in numerous Spanish practices, exposed on this website. Anyone owning its shares will, one day, need to lube up and take what is coming to them - it is just a matter of when. Could that time be dawning; could the house of cards be about to collapse?

Subscribe to ShareProphets to access Premium Content
AET
AET
PREMIUM CONTENT

It looks like Afentra shareholders will finally be rewarded with an asset that will have a big impact on the company - and hopefully the share price

Over the weekend reports emerged in the Angolan press that its national oil company, Sonangol, had finally completed the bidding process for the licences that it was selling its stakes in, and that a small AIM company, Afentra (AET), had been successful in being selected for two of these blocks. I’ve been invested in Afentra for some time – as well as having covered it positively several times here going back to the days when it was called Sterling Energy, and like many others have been patiently waiting for some news whilst the shares remained suspended. Due to the size of any transaction resulting from its bids, it will constitute a reverse takeover and the shares were suspended accordingly, and will remain so until either a prospectus is published or it terminates its bids for the Sonangol assets.

Subscribe to ShareProphets to access Premium Content
PREMIUM CONTENT

EXPOSE: Wildcat Petroleum Interims - lies, lies, and yet more lies

The company that lied in its first-ever RNS has served up results for the six months to December 31, which contain, guess what? Yes. You got it. More lies. And these are material.

Subscribe to ShareProphets to access Premium Content
PREMIUM CONTENT

Anglo African Agriculture – is it game over for this Big Dave Lenigas & Little Andrew Monk spoof

Very wisely, big Dave Lenigas stepped down as chairman of the company he founded on 30 July leaving his buddy Andrew Monk in charge.  That the company’s adviser and broker on London’s standard list is VSA Resources run by er…. Andrew Monk is obviously not a conflict of interest at all. Anyhow, it is all ending in tears as an RTO underway for two years has hit the buffers and the company appears to be insolvent, What’s not to like?

Subscribe to ShareProphets to access Premium Content
PREMIUM CONTENT

Sub-Standard Listed BSF Enterprise – Stinky Suspension and Possible RTO

Having been hanging around and burning the little cash it raised at IPO since July 2019, sub-Standard listed BSF Enterprise (BSFA) has announced a possible RTO and its shares have been suspended. The possible target is 3D Bio-Tissues Limited, a spin out from Newcastle University specialising in biological tissue production for clinical and consumer use. But there’s a nest of snakes here…

Subscribe to ShareProphets to access Premium Content
PPG
PPG
PREMIUM CONTENT

What is Plutus Powergen not telling you about its planned RTO into US coal? What's the biggest lie today?

Having not completed an RTO within six months of becoming a shell, shares in Plutus Powergen (PPG) were suspended from the AIM sewer this morning but fear not: Charles Tatnall and James Longley have a US coal RTO “oven ready” as Lyin’ Boris Johnson might say. Natch it is what is not in the release that should horrify you although that contains at least one absolutely monstrous lie.

Subscribe to ShareProphets to access Premium Content
IMC
IMC
PREMIUM CONTENT

EXPOSE: Shares in IMC Exploration rocket on RTO News but is it telling the whole tawdry truth?

Shares in long term dog IMC Exploration (IMC)  have soared on news that it is to do an RTO of the company owning the Karaberd gold mine in Armenia. But is what it says in the RNS the whole truth or has it engaged in a deal on an asset originally awarded on a questionable basis and with a company that has screwed local people and welshed on a string of financial commitments?

Subscribe to ShareProphets to access Premium Content
PREMIUM CONTENT

Letter to FCA – The FRAUD Supply@ME Capital and 3 more major deceptions of investors

That Supply@ME Capital (SYME) is a fraud is beyond all doubt. Put simply, it has deceived gullible investors on an industrial scale allowing directors to sell vast numbers of shares at grossly inflated prices. They get to become multimillionaires as a result while mug punters will lose everything when Supply finally admits that it has run out of other people’s money. Which it already has but has yet to admit to. Yesterday, evidence emerged of THREE more monster deceptions via RNS which pumped the stock allowing insiders to sell. I have written to the FCA as you can see below.

Subscribe to ShareProphets to access Premium Content
Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Why IQE's valuation is a rum 'n' coke, 2 acid tests for the FCA and talking to the great man of mining analysis

I end with a few notes on Woodlarks. There are now 7 walkers confirmed – please do make a donation HERE. Then I discuss 2 acid tests today for the FCASupply@ME Capital (SYME) and Lyin’ Chris Cleverly’s planned RTO into Stranger Holdings (STHP). Then I look at St James House (SJH) and wonder if the taxman needs to have a butcher’s at 4 of its disposals involving John Botros. Then it is onto IQE (IQE) and why Malcolm Stacey and thirsty Paul Scott are wrong. Finally a look at Jubilee Metals (JLP). I look at the fundamentals after today’s interims and conclude that the shares should be well North of 20p. Then I discuss the matter with the world’s leading analyst of PGM stocks beginning with J for his input.

Subscribe to ShareProphets to access Premium Content
PREMIUM CONTENT

Block Commodities, joke pot deals, a vile ex Tory MP, Tatnall & Longley & Pre Genius Steffi – the party from hell

Amazingly, after all the lies, well documented on this website, that African Potash (AFPO) told before being slung off the AIM sewer and all the lies it has continued to tell under its new name of Block Commodities (BLCC) while on the joke Aquis Market, the shares remain listed. Lyin’ Chris Cleverly has, however, stepped down “to pursue other interests”. That announcement came as the company managed to find an adviser to act for it. I wonder if it was a condition.

Subscribe to ShareProphets to access Premium Content
Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: should I rebrand to bullcast as shameless Big Dave gives a lesson in fake price targets

Mr Lenigas is at it again as I show below. I discuss whether I should capitulate, call this bullcast and move on. And what that says about the state of the market. I feel like Tony Dye in 2001. Then I try to explain the maths behind RTOs and acquisitions by shells as folks just don’t seem to get it. I reference the fraud Supply@ME Capital (SYME) and Wildcat (WCAT) in this section.

Subscribe to ShareProphets to access Premium Content
Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: 4 valuations that are utterly bonkers, one where the FCA must open a new enquiry

I start with the Poulden/Lenigas/Peterhouse/Mir ramp Upper Thames (UPPT). Then it is onto Ridgecrest (RDGC) where I go through the exact timeline of events and all the issues which the FCA should examine in a formal enquiry. Then I have new questions for Zoetic (ZOE) and its loathsome PR Mr Henry Halfwitted-TopHat, formerly the PR of choice to Chinese fraudsters on AIM, about District 8, the RTO and what actually happened and finally comment on the weekend analysis of Versarien (VRS). Both it and Zoetic are shares where my target remains 0p.

Subscribe to ShareProphets to access Premium Content
KNB
KNB
PREMIUM CONTENT

Kanabo – a new pot IPO flies to the moon but how bad will the hangover be?

There is a flurry of new cannabis listings going on at the moment, and Peterhouse play Kanabo (KNB) joined the Standard List yesterday, having reversed into Spinnaker Opportunities – a cash shell which joined the sub-Standard list back in 2017. The RTO was accompanied by a placing, raising £6 million gross at 6.5p and the stock is, ahem, on a high at 17.25p giving a market capitalisation of a very tasty £62 million. So is it a buy or a bargepole?

Subscribe to ShareProphets to access Premium Content
PREMIUM CONTENT

Ridgecrest – now it is forced to make a statement but still the morons don’t get it. An RTO explained for morons including Zak Mir.

I warned you on Friday that with the scoundrel penny share spivs at LSE Sharetalk, the house of Zak Mir, ramping away, the 3p share price of AIM shell Ridgecrest (RDGC) was insane and that even broker Peterhouse which has only last Wednesday raised £2 million (gross) at 0.6p would be vaguely embarrassed. Indeed, that seems to be the case as now the company has been forced to issue a statement.

Subscribe to ShareProphets to access Premium Content
PREMIUM CONTENT

Page 101 of the Supply@ME RTO Prospectus says chairman Dominic White is a LIAR

As you will be aware, I have today written to the FCA about the lying and suspicious share trades of Supply@ME Capital (SYME) chairman Dominic White. An eagle-eyed co-conspirator draws my attention to page 101 of the (balance sheet fraudulent) RTO prospectus from March 23 2020. I do not wish to be a pedant but…

Subscribe to ShareProphets to access Premium Content
PREMIUM CONTENT

Supply@ME Capital – curiouser and curiouser, now the chairman tells a monstrous lie and dumps stock

If Supply@MECapital (SYME) was about to announce price sensitive information as it repeatedly claims, how come its directors are share dealing like dervishes? There is another one at it today – chairman Dominic White dumping stock with an excuse lamer than a three-legged cat and, meanwhile, the market abusing CEO Alessandro Zamboni has been forced, by my article, to clarify his dodgy dealings of yesterday. His clarification begs more questions.

Subscribe to ShareProphets to access Premium Content
PREMIUM CONTENT

Papillion, Mayflower, Goldplat, a witch from Equities First - this is truly insane!

On September 3, Papillion Holdings (PPHP), one of the (sub) Standard List dogs run by colourful value destroyers Charles Tatnall and James Longley, announced yet another RTO deal. Shares in the company, which is clearly insolvent, have been suspended for an eternity pending one RTO or another but will this move into gold mining go through? The whole thing is bonkers.

Subscribe to ShareProphets to access Premium Content
PREMIUM CONTENT

Challenger Acquisitions: the wheel of fortune turns as it recycles itself into waste to energy

It looks as though the fun is finally over at Cynical Bear’s favourite, Mark Gustafson’s Standard-listed Challeneger Acquisitions (CHAL) for this morning the shares in the carcass of failed Big Wheels were suspended pending an RTO. Quite what Cindrigo Energy thinks it is doing taking on up to £560,000 of Challenger’s creditors and overheads, plus the costs of the RTO I am less sure of.

Subscribe to ShareProphets to access Premium Content
RTO
RTO
PREMIUM CONTENT

Rentokil looked expensive even before Covid-19, and far more so now - sell

Pest control and hygiene company, Rentokil Initial (RTO), wasn’t looking particularly strong even prior to the arrival of Covid-19 and was trading at a very racey valuation, in my opinion.

Subscribe to ShareProphets to access Premium Content
ESC
ESC
PREMIUM CONTENT

Escape Hunt – crunched by Coronavirus and not sure it can escape

This was a dog of an RTO which Steve and I have regularly, and correctly, called out as such on this website. Sure no-one could have predicted Coronavirus but this is a disease that, largely, kills the sick and ailing and so Escape Hunt (ESC) is an obvious potential victim.

Subscribe to ShareProphets to access Premium Content
RED
RED
PREMIUM CONTENT

RedT Energy – Rollocks it’s suspended as the reality dawns that renewable generation has unintended impact

I have been on hols the last few weeks in the UK, but could not miss the disruption resulting from the power outage on the grid on the 9th August. Being the sort of chap I am, it did not take me long to turn my thoughts to which small cap companies could be beneficiaries of this. I came up with one – RedT Energy (RED). But its shares are suspended pending an RTO finalisation. Bugger! Meanwhile I can rant a bit awaiting its re-list on where we are and why...

Subscribe to ShareProphets to access Premium Content
EVE
EVE
PREMIUM CONTENT

Woodford Dog Eve Sleep announces RTO talks with rival Simba – but would you Adam and Eve it, has it got the RNS wrong?

Neil Woodford’s revolutionary bed project at AIM-listed Eve Sleep (EVE) took an unusual turn as the company announced this morning that it is in very early stage discussions regarding the potential merger of Simba Ltd, ("Simba"). I’m confused – I thought the company was called “Simba Sleep Limited”. Some people might see this as a triumph for Neil Woodford, but I think very differently...

Subscribe to ShareProphets to access Premium Content
PREMIUM CONTENT

Stranger Holdings – not strange but fecking nutso, this company is insolvent

Stranger Holdings ( STHP) is one of the stable of worthless and pointless companies on the Standard List run by Charles Tatnall & James Longley which this website has done so much to expose.  Results out today for the year to March 31 2019 are sheer comedy: related party deals, accounting errors, an abandoned RTO and one that surely will be, a pretence that the company is not insolvent which, of course it is, even a cynical bear would be shocked by this nonsense.

Subscribe to ShareProphets to access Premium Content
FHP
FHP
PREMIUM CONTENT

Do the Fandango – Charles Tatnall reveals the money go round

Cynical Bear has been in touch to flag up more strange money go round happenings in the Standard List mini empire of worthless shell companies controlled by Charles Tatnall. For Fandango Holdings (FHP) has just released its results for calendar 2018.  It loks grim but also odd.

Subscribe to ShareProphets to access Premium Content
BOU
BOU
PREMIUM CONTENT

Bould short squeeze rumours are a load of rubbish designed to pump the share price!

There’s nothing like talk of a short squeeze to get private investors predicting all sorts of crazy figures and scenarios – when the reality is that it is normally nothing more than just a rumour designed to pump the share price, and even if true it would be more likely to result in suspension of trading for a disorderly market, than a huge rise in the share price.

Subscribe to ShareProphets to access Premium Content
DAN
DAN
PREMIUM CONTENT

The Curse of the Sheriff of AIM strikes again: Atlantic Carbon/ Daniel Stewart RTO and listing pulled

When running Daniel Stewart (DAN) for the benefit of himself and his family, Peter Shea sent me a lawyers letter trying to stop me exposing what a crock of shit his company was, as it snuggled up to King fraudster Rob Terry. Better still his brother, also a Daniel Stewart employee as were four other family members, threatened to beat me up. So I doorstepped the Daniel Stewart Christmas Party - the brother hid inside the building. Congratulations Mr Shea & your vile family, you have met the Sheriff of AIM.

Subscribe to ShareProphets to access Premium Content
DAN
DAN
PREMIUM CONTENT

BREAKING: From Death to a Standard Listing, Daniel Stewart the comeback...

More than a week after we exposed the coming death of Daniel Stewart & Company the weekend press has finally woken up and is reporting how it went into administration on Thursday. But something bigger happened on Thursday. Daniel Stewart, c/o former boss Adam Wilson is coming back to the market via a standard listing. Let me explain with the documents below..

Subscribe to ShareProphets to access Premium Content

Audioboom - Karma for Rob Proctor with his fecking cornflakes: RTO pulled, almost bankrupt

I cannot hide my pleasure at today's catastrophic news from Audioboom (BOOM). Media companies should believe in free speech - Rob Proctor's outfit buckled at once forcing me to move bearcast elsewhere. And now Proctor's company faces possible bankruptcy in four weeks time. Ha fucking ha. This is a shambles.

FastForward Innovations: Looks like good news all round - congrats

I’ve been hugely critical of FastForward Innovations (FFWD) in the past, in the main due to the lack of transparency and the poor performance of Schoold and Vemo, Lorne Abony’s own investments in FastForward’s portfolio; however, today’s news is much more promising and I actually wonder whether it’s worth a dabble!

SOS
SOS

Some of my fellow shareholders in Sosandar don't seem like the brightest sparks

It seems that Thursday's RTO of Sosandar (SOS) at 15.1p went well enough. The shares closed Friday at 20p-21p and I am very confident indeed that we loyal shareholders would have a chance to sell at well over 30p before too long. This retailer will not be disappointing with its next trading statement which, I'm sure, will force brokers to increase forecasts. But some of my fellow shareholders don't seem to be the brightest sparks or my greatest fans. From the ADVFN asylum:

Bearcast

Tom Winnifrith Bearcast - it is fit young mums day!!

Just a short bearcast today as I had to rush off for my regular Thursday morning date with the Fit Young Mums. In today's podcast I talk about the IPO/RTO today of Sosandar (SOS) which we own shares in and I reveal the first of the celeb investors. Then it is onto Playtech (PTEC) and some wider thoughts on gambling regulation in the UK. Finally there is a look at Rosslyn Data (RDT) where - hat tip Roger Lawson - it is surely profits warning ahoy. I look back at the numerous Rosslyn red flags.

Listen to the Bearcast:

Echo Energy shares suspended after no insider dealing on AIM, honest guv!

Shares in uber-ramped Echo Energy (ECHO) were suspended today after a sharp share price move on Friday forced an admission from the company. Hmmmm, heavy share dealing just before a big announcement. But this is AIM, the world's most successful growth market so that is just a total coincidence just like it always is on the casino. Move along gents..nothing to see.

CPT
CPT

Concepta look ahead not back: Buy at 11p

Declarations first: a) at 11p offer the shares are back at the price at which Concepta (CPT) came to AIM via an RTO in July of last year. It has clearly not delivered as rapidly as we would have liked  b) We invested at the RTO and have not sold any of our shed load of shares. Results for the half calendar year came out last week and, speaking bluntly, the numbers do not look that great. In fact they look piss poor.  It reported sales of zero, a loss of £1.15 million and ended the period with cash of £1.235 million. So far less than dazzling right? But....

Levrett: Prospectus released - good news for the (founder) shareholders: is this the new Cloudtag?

At the start of the month, I asked the question on the lips of all the Levrett (LVRT) shareholders, namely when the bloody RTO was finally going to arrive. Well, fair play, it was announced on Friday and shareholders should be pleased, particularly the founders who got in at a fraction of the price of the ordinary private investor.

MCC
MCC

Monchhichi – More comedy from these jokers as it moves to the Sub-Standard List

I was smiling for much of yesterday having read the announcement from Monchhichi (MCC) about its proposed cancellation from AIM and a move to the Sub-Standard segment of the Main Market. Let me explain why.

Polemos: Potential RTO of SecurLinx at a massive premium – the classic AIM spoof

I despair somewhat when I read the likes of Friday’s announcement from Polemos (PLMO) as I can’t really believe that companies on AIM can get away with the most over-used spoof in the market, namely the “shares being issued at a premium as consideration in an RTO” spoof, but I guess I may well point it out in the vain hope that, one day, CEO’s and Nomads will pen a more honest RNS.

Optibiotix - okay here is A Tata deal - there is another ( and more deals) game on! BUY

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!

Papillon Holdings – Bad news: the deal’s off; the good news: you can take your money and run

A week after my last piece on Papillon Holdings (PPHP) in which I slated the directors Charles Tatnall and James Longley, for their shocking behaviour, I can’t help but comment on this morning’s RNS stating that the long-awaited RTO with a failed gambling business is off. Who would have thought?

Levrett: Where’s this goddamn RTO and what about the bloody accounts?!

I don’t normally comment on the ongoing delays of the potential RTO’s of Sub-Standard Shocker XI members as I would be writing on the topic every week but the Levrett (LVRT) story throws up another angle, namely the total disregard to the obligation to announce results; so without a Nomad to enforce compliance with listing obligations, I thought I’d see if I would have any luck.

NYO
NYO

Nyota – suspended with no Nomad, Peterhouse lines up £550k at just 0.005p. Anything to see here, guv?

Beaumont Cornish resigned as Nomad from AIM-listed Nyota Minerals (NYO) on 17 August with the caveat that it reserved the right to go sooner, as per Nyota’s RNS of 18 July. That statement also announced that Peterhouse subsequently also informed the company that it would resign as broker. Both stepped down as planned, leaving the company suspended on the Casino with bugger all cash. Wind forward to last night (after-hours, natch) RNS and as previously flagged on 15 August, Peterhouse last night was announced to have withdrawn its notice of resignation  and lined up a £550,000 placing at 0.005p. Meanwhile the company tells us that it is confident of appointing a replacement Nomad. It is full RTO steam ahead, then.

RLH
RLH

Red Leopard Holdings: Shock TR-1’s – Spreadex has been selling out

wrote at the weekend about the surprising lack of TR-1’s at Red Leopard Holdings (RLH), particularly from the largest shareholder Spreadex, with the company having gone into suspension pending an RTO. Well, as if by magic, they arrived yesterday, after hours of course.

ORE
ORE

Orogen - another £250k loaned - expect RTO before mid Sept

Orogen (ORO) has announced that it has lent another £250,000 to online e-tailer Thread 35 Ltd, trading as Sosandar. Time to panic? No. As loyal shareholders at FIML we certainly are not doing so.

Stratmin to be booted off AIM as funny China money fails to arrive - will anyone pay for this other than shareholders?

Oh dear. Oh dear. Another AIM debacle involving Chinese funny money. This time it is Stratmin (STGR). Its cunning plan was to do an RTO of Signature Gold and to fund that deal with a £5 million investment from Axel Management Group Pty Ltd. What could possibly go wrong?

Glenwick - the whole farce unravels so let the recriminations begin....

Oh dear, this really is a clusterfuck even by the lowly standards of the AIM Casino. You will remember that AIM listed Glenwick (GWIK), linked via Peterhouse Corporate Finance and Amanda Van Dyke to fellow AIM dog Paternoster Resources (PRS) in a related party snakefest, has had its shares suspended an RTO but there have been a few problemos. Oh dear. Oh dear.

When will Amanda van Dyke fess up to the bloody mess at Glenwick? 7 Questions

Booted off the AIM Casino in March for failing to do an RTO on time, Amanda Van Dyke's Glenwick (GWIK) is nothing if consistent: it keeps missing deadlines. Cash is almost certainly zero, or near as damn it, by now but how about an update? So far no news is bad news for this related party infested failed ramp.

African Potash: Crack out the ouzo, adviser Peterhouse quits it is game over

"Lyin' Chris Cleverley, fascist lawyers Memery Crystal,, NED Declan O'Brien,clueless accountants RSM Tenon, SA sleazebag MP Mark Simmonds, Phil Edmonds, Andrew Groves, we have beaten them all, we have beaten them all!. Lord Hain of sleaze, can you hear me? Lord Hain of sleaze ... your boys took a hell of a beating! Your boys took a hell of a beating!" Yes I think we can now declare victory in the war against African Potash. It never ends well for frauds especially those who hire fascist lawyers to send wanker letters to The Sheriff of AIM.

BOS
BOS

BOS Global: Something smells wrong here - a few questions for Mr Travia

A number of things have been bugging me about BOS Global (BOS) for a couple of weeks as certain acts and omissions have had me scratching my head, so I thought I would raise some of these questions here and perhaps Michael Travia, CEO, can provide some answers.

ORE
ORE

Orogen - shares suspended ahead of Adam Reynolds RTO and it looks like a blinder!

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.

Papillon Holdings – Surprise, surprise, the crap deal has come back to haunt them

This week was always going to throw up a few horrors with it being results week for a whole load of the Sub-Standard Shockers XI. I will do a round-up of some of the other comedic moments from the various announcements over the long weekend but Papillon Holdings (PPHP), which failed to get its results out at all, deserves a special mention.

African Potash shares suspended, sheer comedy from Lyin Chris Cleverley and his cowardly advisers at Peterhouse

This really should have been an ouzo o'clock moment as lying Chris Cleverley, Lord Hain of sleaze and the gang round at the African Potash (AFPO) fraud saw their shares suspended on the NEX lobster pot. But I was a good diabetic and had a Greek salad, medication and water instead. But I am off sick leave this morning because dissecting such unmitigated horseshit brings joy to my heart and is good for the blood pressure and the soul. This is comedy central from lyin' Chris who is still to follow through on his promise to sue me for libel. I can't think why. The Potash statement is in bold, the lie detection service is not. Brace yourself, this is funny.

Opera Investments: Third time lucky but a sad farewell

Mixed emotions for me this week as it looks like one of the more entertaining stars of the Sub-Standard Shockers XI, Opera Investments (OPRA), may finally have done a decent looking deal with the Kibo Mining (KIBO) gold assets; however, it looks like it will be heading off for the sunnier climes of AIM as a result, leaving my squad ever so slightly weakened.

Life Science Developments: It’s Life, Jim, but not as we know it - to be booted off AIM!

I wrote six months ago about the laughable potential RTO deal between Jim Mellon-connected Life Science Developments (LIFE) and Jim’s favourite private investment, The Diabetic Boot Company. Well, surprise, surprise, the deal hasn’t happened and Life Science will be booted off AIM. It’s worth taking a closer look at what has gone on at this farce in the last 18 months.

Bearcast

Tom Winnifrith Bearcast: Paternoster Resources why cheap could be incredibly expensive

I comment on the hopeless response of smug MPs and the established media to yesterday's terror attack on my own website in a podcast HERE. On the markets I look at expectations management at Next (NXT), at how we know or knew about the balance sheet at Toople (TOOP) covered HERE by Cynical Bear or Advanced Oncotherapy (AVO) heading for 0p and covered in detail by me earlier HERE. I look at Public Services Properties (PSPI ) and what its AIM casino departure says about RTOs and contingent liabilities - which reminds me again of New World Oil & Gas (NEW). Finally I have a detailed look at the strange world of Paternoster Resources (PRS), not a stock you have to own in any way. PS Cynical Bear is not me. Can you see any typos in his articles?

CIC Gold - Ooops the Boy Scout Mugger did it again

Oooops I did it again, said the boy scout mugger Stuart Bromley. Anmther day and another fuck up at Standard List posterboy CIC Gold (CICG), shares in which have been suspended since Novemver 3 2015 as it pursued an all paper RTO of a worthless brown field gold explorer Gobi.

BST
BST

ShareProphets Share Tips of the year 2017: No 6 Buy Big Sofa Technologies says HotStockRockets

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.

FAL
FAL

Falcon Acquisitions – What’s really going on with this Teevee deal?

I was going to wait until the prospectus came out for the Quiptel deal before commenting on the recent acquisition by Falcon Acquisitions (FAL); however, my spelling and grammar OCD got the better of me so I had to get a few things off my chest sooner rather than later.

NEW
NEW

New World Oil & Gas booted off AIM but all is not lost. Oh no!

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.

NEW
NEW

New World Oil and Gas – AGM update, warns on delisting. Can the mess be sorted?

Last night after hours AIM-listed New World Oil and Gas updated the market on a number of matters and it looks to be bad news all round. Having already announced that its proposed RTO with Big Sofa was off the table, the latest bombshell was that under AIM Rules it is to lose its listing on 9 November and that it had already agreed to part company with its Nomad (the useless Beaumont Cornish) as from the close next Monday. The mess could hardly seem worse.

WRN
WRN

The Worthington CVA - this is comedy genius

Prompted by our shock revelations yesterday Worthington (WRN) has been forced to put out a statement to explain why it itself is heading for a CVA. It really is comedy genius.

NEW
NEW

Exclusive: New World Oil & Gas - RTO off because of the Kazakh bank heist & Niel Petroleum money laundering

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.

Life Science Developments – the interesting case of The Diabetic Boot Company (Part 2): The Jim Mellon spoof

I almost spat out my cornflakes with laughter at the ridiculous announcement from Life Science Developments (LIFE) this morning as it entered suspension pending an RTO with The Diabetic Boot Company (“DBC”). Please allow me to explain.

BOS
BOS

BOS Global – Shocking “Fintech RTO” debacle: Case-study No 2

Commenting on Silver Falcon’s nonsense RTO earlier (HERE), got me thinking about my old friend BOS Global (BOS) that recently completed its “Fintech” RTO and in digging around, I uncovered some comedy gold.

Silver Falcon – Shocking “Fintech RTO” debacle: Case-study No 1

It’s no great surprise to me that Sub-Standard Shocker XI member, Silver Falcon (SILF) called off its potential RTO with Fintech business, Lime Holdings, on Friday but it’s still worth highlighting a couple of aspects of this disappointing affair.

Glenwick tells a monstrous lie as it announces how it will spunk its cash

Suspended for failing to do an RTO, the AIM listed piece of crap that is Glenwick (GWIK) announced late last week, how it is to spunk all its cash. Need,less to say the company told a grotesque lie in its RNS and it and its advisers seem rather unwilling to return calls and defend or justify that lie. Peterhouse, Allenby, Glenwick you are cowardly bastards as well; as liars.

Kibo & Opera deal: good news for one and the other is a running joke

Today comes news that Kibo Mining (KIBO) has sold its non core gold assets to Standard Listed joke company Opera Investments (OPRA). This is good news for Kibo ..as for Opera, its standing just could not get any lower.

Levrett – What are you hiding, you jokers?

I was going to pen a light-hearted piece about two of Sub-Standard Shockers XI going in to suspension last week leaving my team a bit short but one of them, Levrett (LVRT), has wound me up today so I’m going to go in a bit harder on that one squad member instead. Let me explain…..

WRN
WRN

Worthington - the shambles continues so what is the point of regulation?

If you are someone who thinks that playing by the rules and being honest makes sense in the UK reguolatory environment think again. Just look at the much ramped Main Market listed fraud Worthington (WRN). Let's start with the latest news from the UK Listing Authority which came out at no-one is watching O'Clock on Friday.

FTE
FTE

Forte Energy – For the love of God, can we drop this Fintech nonsense!

As the share price of Forte Energy (FTE) keeps dropping as the BOS Global RTO approaches, as even long-suffering shareholders think some cash today is worth more than nothing tomorrow, I’ll have one last dig (for now) at something really riling me with this stock and that is the total misuse of the term “Fintech”.

FTE
FTE

Forte Energy – mea culpa, my valuation was wrong..…it was far too high!

Two weeks ago, following the release of its admission document I wrote about the valuation of Forte Energy (FTE) HERE. It was at 0.006p at the time and I thought 0.002p was a better reflection of the value. Well the share price has dropped to 0.0035p in the meantime but the bad news for those that have stuck it out so far is that my valuation should have been lower.

Glenwick - AIM cronyism that stinks as suspension looms

I am afraid that this involves Amanda Van Dyke, formerly of this parish, but the news from piece of Turkish Glenwick (GWIK) stinks of AIM cronyism and it is bad news all round for shareholders as suspension looms.

WRN
WRN

Worthington - now Nuna 100% Bust what is plan C? Flagship ahoy?

Now that NunaMinerals is in administration no-one other than the poltroons at the UKLA believes it will do a RTO of worthless fraud Worthington. So what next? Roll up Flagship Global Corporation which is listed on US OTC markets and is essentially bust. Perfect!. 

FTE
FTE

Forte Energy – a seven month wait for an appalling RTO – SELL!

I’ve been following the Forte Energy (FTE) RTO story since prior to suspension last December and, after seven months, the admission document relating to the acquisition of BOS Global finally came out on Friday and thought I would give it a review; the one word version of which is: SELL!

WRN
WRN

Worthington drops Rangers claim, 5 PM Friday 22nd is ouzo time as UKLA will wake up then

The farce that is the fraud Worthington (WRN) continues apace. The chocolate teapots at the UKLA are still publishing twice daily updates claiming that Worthington is considering an RTO with NunaMinerals, a company that is not only in administration but is also to be delisted in Denmark. its aceeeeeeeeeeeeeeeeeeeeeeed! all round at UKLA where the chocolate teapots still reckon that the deal is viable.

FRI
FRI

Frontier Resources - RTO placing and name changed announced

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.

SEN
SEN

Senterra Energy – more info on the oil and gas, sorry I mean the technology RTO!

Those familiar with my Sub-Standard Shockers XI will know that Senterra Energy (SEN) is the player manager of the team, it being an Optiva Securities vehicle, and yesterday’s confusing RNS on its potential acquisition warranted an update.

FRI
FRI

Frontier Resources - more Reynolds magic: the Presentation is HERE

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?

HNR
HNR

Highlands Natural Resources and its Helium claims - bombshell documents show they are...not true

Highlands Natural Resources (HNR) is yet to answer the issues raised in the Paul Mendell bombshell of last weekend and so while it keeps its head in the sand, here is another matter for it to discuss: why is it lying about its Helium plays? Yes that is the L word - go ahead and sue me bitchez I shall happily see you in court.

WRN
WRN

Worthington is now Officially fucked - "merger partner" Nuna declared bankrupt: time for the Rozzers to move in?

The former CEO of Danish listed NunaMinerals was owed cash by the company and yesterday managed to get the company formally declarred bankrupt in a court in Greeland - see HERE. That means that Main market listed fraud Worthington (WRN) can no longer procrastinate and claim to be in talks about an RTO. So it must be game over for Aiden Earley, Craig Whyte and Doug Ware.

Glenwick - RTO off: get out while you can

Oh dear, Oh dear, Oh Dear, over-ramped POS Glenwick (GWIK) is deep in the merde. Its shares were unsuspended at 3 PM today following the collapse of talks about an RTO. They had been suspended on 23 May.It gets worse.

HNR
HNR

Highlands Natural Resources - the bogus disposal to add to the covert placing - this stinks

I have already covered the shocking covert bailout placing by uber-ramp Highlands Natural Resources (HNR) HERE. But today it has also announced a quite ludicrous bogus disposal which even the Bulletin Board Morons seem to concede makes this piece of Turkish a laughing stock. It involves fellow stockmarket dog with fleas Opera Investments (OPRA)

Leni Gas Cuba – Goodbye ISDX and hello Canadian mugs, sorry I mean investors

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.

FRAUD EXPOSE: MoneySwap and PCG Entertainment – a look back in history at the former chairman and his brother. All to play for as the second half really gets going….

Mr Kung Min Lin served as Chairman of Filthy 40 MoneySwap (SWAP) and PCG Entertainment (PCGE). But before that he served as Exec Director of AIM investing company Sportswinbet (SWB) from the 2005 IPO, which went on to become Power Capital Global (PCGB) with Mr Lin as Chairman. You can follow the progress of the first incarnation HERE. But we’re back from the break and with what's left of the £3 million raised in 2005 it’s now time for the second half: Mr Kung Min Lin’s brother comes to the fore.

F40 MoneySwap and PCG Entertainment – a look back in history at the former chairman and his brother. It’s a game of two halves….

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.

Strengthening the Sub-Standard Shockers XI squad – CIC Gold, get your boots on!

To be fair, it was a shocking omission from the original squad (HERE) in the first instance but clearly with only three substitutes and three of the squad currently in suspension, I need as many players as I can get and CIC Gold (CICG) fits the bill.

WRN
WRN

Carry on Up the Worthington - why is the UKLA allowing the farce to continue - another extension

Ooooooh is that a bankruptcy order in your pocket or are you just pleased to see me? Said Old Mother Worthington, played by Hattie Jaques. Aiden Earley, played by Jim Dale, gave a look of pretend shock and pinched Hattie on the bottom. Aiden is good at pinching. Craig Whyte, played by Sid James, is not in this film as he was detained elsewhere.

Video: Cathal Friel of Amyrt Pharma (formerly Fastnet) at UK Investor Show

Cathal Friel did the right thing in turning Fastnet (an oil company) into Amryt (AMYT) a pharmaceuticals play. We bought into the RTO placing. Here is Cathal explaining the story at UK Investor Show. Enjoy

Lenigas Cuba – Knowlton Capital takeover - utter bollocks from Jabba the Share ramper

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:

TEA
TEA

Teathers Financial - piss poor update, apologies but this looks grim

Tom Note: This article appeared under the HotStockRockets name but I wrote it and would not want anyone thinking this was not my view.  Off we go...Shares in Teathers Financial (TEA) remain suspended and will be booted off AIM on 4 June if no RTO takes place or if it cannot convince AIM that it has implemented its investing policy ( which it won't). It looks grim. The latest update states:

BMN
BMN

Bushveld Minerals – suspension, proposed RTO, questions

Having spotted the appointment of another joint Broker to AIM-listed Bushveld Minerals (BMN) on 8 April – see HERE – I had wondered if it was placing ahoy. Last Thursday saw the suspension of the shares announced by AIM at lunch-time, pending an announcement, although it took until after-hours on Friday for the company to bother to comment.

ADL
ADL

Could Andalas Energy (aka dog CEB) be booted off the AIM Casino in two weeks time after raising the most expensive debt in AIM history?

I am only asking but the much ramped Andalas Energy (ADL) formerly the much ramped CEB Resources has got two weeks to pubish an AIM readmission document or it will be booted off the AIM casino. It would be farewell to rule breaking ramper Dave Whitby, no great loss. 

WRN
WRN

Worthington is just misleading the Takeover Panel re Nuna - when will this farce end?

Heck. Everyone does the April Fool's thing don't they? And so the fraud that is Worthington (WRN) put out an RNS which we are meant to think is serious but is in fact a joke. Or in this case The Takeover Panel and LSE appear to think that it is serious but everyone else knows that it is just a joke, like spaghetti trees in Italy or Chelsea fans pretending they have always "supported the blues" from before they were good.

FRI
FRI

Frontier Resources - it is dumping its oil assets, good news, off you go Adam

We now have official conformation that Frontier Resources (FRI) is dumping its oil assets. Great news.

3 Legs Resources - The Mickey Mouse Companies House Filings Part 2.

This is quite simple. Either Oxi - the company reversing into 3Legs (3LEG) has filed monstrous lies at Companies House or Jim Mellon's 3 Legs has told monstrous lies to AIM. It is one or the other there is no third way and as such 3Legs needs to re-issue its RTO document to explain who was lying and why? In part 1 of this series I demonstrated unacceptable greed and Companies House filings that DO NOT ADD UP. Now here is the killer.

3 Legs Resources - Greed and Statements that do not add up - disgrace

3 Legs Resources (3LEG) would have gone bust without my good pal Jim Mellon going in last June, investing £500,000 for a 29.9% stake and organising a Reverse takeover announced today. So he is a hero. The only problem is that this whole RTO stinks, companies house filings are all over the shop, nothing adds up and the stench of greed is palpable.

LED
LED

F40 LED International Toasts Chinese New Year with a Rum’n’Coke of an RNS

Already suspended for failing to produce its accounts to June 2015, ShareProphets AIM-China Filthy Forty play LED International Holdings (LED) gave out a Chinese new year update on Monday which covered a number of matters – not least of which is the overdue accounts. And the binning of a JV which started life as a proposed RTO. And the non-completion of an acquisition first announced back in March 2013. And a warning that its working capital position is constrained because its customers are not paying their bills. And the company needs to raise cash or restructure debts. Apart from that everything’s fine!

Eastbridge Investments suspended on AIM Casino - this stinks

Eastbridge Investments (EBIV) has in various incarnations losts its original shareholders more or less 100% since it joined the AIM casino. Its shares were suspended today on the back of an announcement that just stinks to high heaven.

RBD
RBD

Red Flags at Night: Reabold Resources 0.5p after-hours placing (closing share price 1.25p)

AIM-listed Reabold Resources (RBD), with just £294,000 of net assets as at June 2015 is another of those sub-scale investment companies which would have to be run by Warrne Buffett on steroids in order for it to generate enough money just to keep the lights on. Yesterday at 5.45pm on a Friday, with the shares having closed for the day at 1.25p (valuing this fine enterprise at £3.5 million, according to ADVFN), a no-one-is-watching o'clock RNS announced a placing of 40 million shares at just 0.5p to raise £200,000 - a bit of electricity meter money. Something for the weekend, sir? Yes please - I'll have a nice spot of dilution at a whopping 60% discount.

LED
LED

LED International Holdings – yet another Filthy Forty suspension

Our apologies are due for overlooking one of the ShareProphets AIM-China Filthy Forty companies. The RNS released by LED International (LED) three days before Christmas (HERE) almost passed us by: the company announced early in the no-one-is-watching o’clock holiday period that its shares were being suspended because it had become apparent that the Company [would] not be in a position to publish its audited report and accounts for the year ended 30 June 2015 by the deadline of 31 December.

MRL
MRL

BREAKING: Marlowe Holdings - who's been buying as shares rise 53% ahead of after-hours RTO RNS?

I sincerely hope that the oxymorons at AIM Regulation and the chocolate teapots at the FCA look into what surely must be one of the most blatant cases of insider dealing I have ever seen. No news on the tables, yet the shares are up 53% today and this evening, after-hours, the company has been forced to issue the following RNS:

Bearcast

Tom Winnifrith Bearcast Special: Dave Whitby of CEB Resources should be sacked and prosecuted TODAY

Shares in CEB Resources (CEB) are suspended on AIM ahead of an announcement on Monday. That is because its CEO Dave Whitby revealed a stack of price sensitive data including news that an RTO was planned in a podcast on ADVFN with Justin the Clown Yesterday. Flip Flop Ben Turney is so busy blowing smoke up the arse of Whitby that he may wish to ignore this. Whitby has broken insider dealing laws and a stack of AIM Rules. He should be sacked at once, barred from AIM and prosecuted. If you want to clean up AIM you deal with those who break the laws. Whitby has broken the laws. The Sheriff of AIM is getting a noose ready...

Buy React at up to 2p - the dog Verdes is reborn

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.

MRS
MRS
PREMIUM CONTENT

Oooh er Mrs…Management Resource shares suspended – who is the mysterious Halycon?

Shares in AIM Casino listed Management Resource Solutions (MRS) were suspended yesterday as it admitted that monies it needed to complete an RTO had not arrived, a statement which begs the question as to who is its supposed lender Halcyon Capital Management Pty Ltd. Oooooo Errrr Missus.

Subscribe to ShareProphets to access Premium Content
VMP
VMP

A song for Verdes Management, for that is all that it is worth

Questions are increasingly being asked about Verdes Management (VMP) a cash shell run by Dave Breith of Coms (COMS) infamy. The cash position as at 31st March was £400,000. However.

DOR
DOR

Doriemus: Disposal Makes Sense. The shares are a buy and comrade Brokerman Dan is wrong

Doriemus (DOR) became an oil company via a RTO of AIM listed TEP Exchange. On Friday it was announced that the TEP business is to be sold to managers for £1. My friend Brokerman Dan (Dan Levi) reckons this is a gross cheek and says he is bidding £1000.

DUC
DUC

Ducat Ventures – Okay, We are In

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.

RTO
RTO

Rentokil Initial at 118p: can the fundamentals deliver a technical bounce?

Early last month, I pointed out that Rentokil Initial (RTO), the £2 billion plus market cap services support company, was not far from what looked like a potential one year trend support line. At 118p, according to my inspection of the share price chart, the share seems to have reached that support level. So will it bounce off it?

DUC
DUC

Ducat Ventures – a 56% Move and Suspension, hmmmmmm

Last week shares in tiny investment company Ducat Ventures (DUC) were suspended after jumping 56% in just a couple of hours. Heck this is AIM so surely nothing could be a bit iffy here…

Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Complete Coverage

Recent Comments