Ahead of another round tomorrow, at UK Investor Show 2016 there were five 'Dragon's Den' sessions where a number of CEOs each gave a pitch and three Dragons each picked one stock in which FIML invested £1,000. How have the dragons fared?...
Well, you can’t say you were not warned here on ShareProphets – by the Sheriff himself. Last night at no-one-is-watching o’clock (6.15pm) a small FTSE missive hit the wires confirming the deletion of erstwhile AIM-listed United Cacao (CHOC) from its FTSE AIM All-Share Index, following the continued suspension and cancellation of trading on the Casino, effective on Monday. It is thank you and goodnight.
United Cacao (CHOC) which has until February 4 to find a new nomad or it will be slung off AIM has bad news and very bad news. Let's start with the very bad news - it appears to have engaged in massive fraud. When I say "it" the allegation is against former head honcho Dennis Melka who walked the plank on January 5.
No-one could accuse United Cacao (CHOC) of hanging around when it came to staging its own fatal car crash. December 22nd to January 4th was all it needed to go all the way.
Yesterday at 4.10 PM Nomad Strand Hanson quit with immediate effect. The shares are suspended and it must be game over. First, a reminder of back to mid December when the shares were 115p.
One of yesterday's macro calls from the bearcast HERE is already looking good with today's warning from Bovis (BVS) which I cover in detail. I also look at Avanti Communications (AVN), United Cacao (CHOC), Cloudtag (CTAG), Harvest Minerals (HMI) and at the latest disastrous news about Slater & Gordon (SGH). Happy Christmas Aussie poltroons: wa,wa,wa wa wipeout! The article about the loathsome Guardian I reference is HERE
Happy Christmas One and all. This podcast follows on from A-E HERE, F-J HERE, K-O HERE and P to T HERE. Okay I cheat a bit here but with these letters it is tough but, inter alia, I cover: the USM, Uramin - my old pal Jim Mellon's company, United Cacao (CHOC), Worthington (WRN), the three Ex's , Xcite Energy (XEL), Xtract Resources (CTR), Yolo Leisure (YOLO), Zeus Capital and the late lamented Gable (GAH)
I got up at 3 AM today and explain why. I lay out what we plan over the next few days on this website. I then discuss the fraud Cloudtag (CTAG), Wandisco (WAND), Guscio (GUSC) United Cacao (CHOC) and Graphene Nanochem (GRPH)
In today's late bearcast I relay a stressful experience in the Post Office and the discovery of ouzo in my local Sainsbury. Is it just for me do you think? Cloudtag (CTAG) was caught telling porkies AGAIN, this time by Nigel, and I discuss that. I discuss React (REAT) shares in which we own. Then I look at Servision (SEV) and finally note Drunken Sailor's revelation on United Cocao (CHOC). And there is news about what is in store between now and Boxing day.
We picked up some of these shares at the Dragon's Den pitch at the UK Investor Show. We sold this morning at a loss and in disgust at 91p. The order was just to sell after United Cacao (CHOC) served up the most god-awful trading statement on a day when most folks are just not around but are off doing Christmas shite. Sadly for Cacao Scrooge's biggest fan is at his desk and my comments on this horror are in bold.
When it comes to commodities people usually think in terms of oil or mining companies, but there are also many ‘soft’ (grown) markets, and some of these have been performing strongly.
In the third Dragon's Den session at UK Investor Show the Dragons were myself (Tom Winnifrith) Steve Moore and Brian Kinane. The companies pitching were United Cacao (CHOC), Premaitha (NIPT), ECR Minerals (ECR), Forbidden Technology (FBT) and Asiamet Resources (ARS)
If low life NGOs bash a company it must be doing something right. Dennis Melka of United Cacao (CHOC) explains what in his presentation at UK Investor Show. Enjoy.
To think that a certain top broker and others were getting in a lather about protests at the LSE organised by mad rich lefties working for NGOs about United Cacao (CHOC). How they were all hoodwinked. That might be a tad embarrassing for that broker as he has to admit how he was fooled by some Guardian reading loons, in his next email to clients.
An assortment of sixty indigenous organisations and Guardian reader-infested eco-loon NGO groups have slammed AIM listed United Cacao (CHOC) demanding that it be slung off the AIM Casino. Cacao has put these parasitical lefty scumbags firmly in their place with a statement this morning pointing out that the lefty scum are, simply, lying. I am delighted to be a shareholder in Cacao (post Saturday) - I don't care where its shares go I want to stand shoulder to shoulder in the fight against Trustafarian tossers working for NGOs to make people in poor countries even poorer.
At UK Investor Show we ran five Dragon's Den sessions where five CEOs each gave a five minute pitch and three Dragon's each picked one stock in which FIML invested £1,000 via our most excellent broker J Herbert Esq at European Wealth. And so £15,000 was invested on Tuesday Morning. Steve will track this portfolio over the year with each Dragon at liberty to place a sell order at any time. And so this is what we bought.
In this podcast I look at United Cacao (CHOC) and also Gulfstands Petroleum (GPX) but the bulk of this edition covers the ramping of Horse Hill stocks by an unholy alliance of flip flop, Jabba and others. The trouble is that their analysis - I use the word loosely - is based on Leni-Maths and Leni-Maths does not add up.
The concept of bottom fishing / bargain hunting also exits in technical analysis. We have a decent example of the genre with the present set up on the daily chart of United Cacao.
From the easy to remember EPIC code of CHOC, to the sweet toothed emerging markets chocolate eaters, it would appear that United Cacoa has been blessed amply even with regard to its brief life on the stock market to date.
If you want me to analyse a stock for you just drop me a line at firstname.lastname@example.org - Today I look at Falkland Oil & Gas (FOGL), MXC Capital (MXCP), United Cacao (CHOC).