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Keyword results: shares

HZM
HZM
PREMIUM CONTENT

Horizonte Minerals is on the verge of debt drawdown to complete the Araguaia mine – still a Buying opportunity?

As any regular readers will be aware, Horizonte Minerals (HZM) has been a favourite of mine for several years now and is edging ever closer to finally reaching production.

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VOD
VOD
PREMIUM CONTENT

Another CEO at Vodafone realises the company is a big yawn

Back in July I observed, not for the first time, that “the deep yawn continues at Vodafone (VOD)”. Since then, the multinational telecommunications company has continued to perform disappointingly. And today the current CEO has decided to exit (quite soon). Interesting.

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AJB
AJB

This Bouncy Broker Rings the Bell for Results and Is Worth Sounding Out

Hello Share Pickers. This old punter has just become a customer of the broker AJ Bell (AJB). I know nothing about its competence in being an ordinary self-select share broker, so I’ll stick with my present providers, but my financial advisor Alice rates the company highly as a customer-friendly and efficient platform for bonds and similar financial products.

ING
ING
PREMIUM CONTENT

Ingenta – swift gains from our September share tip of the month, bank profits?

We recommended shares in provider of software and services to the publishing industry Ingenta (ING) as our September tip of the month at a 93p offer price. They have now reached a 130p bid price.

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PREMIUM CONTENT

Don’t panic, sensible corporate names such as Tesco’s have all the answers

couple of months or so ago, I observed that “Tesco (TSCO) is a solid place to do your food shopping – and the same is now true of shares in the company”. The stock was about two quid a share then and it is over 10% above that level, which is alright (and we have not even noted again the 5% dividend yield). Whilst Tesco remains a very solid portfolio holding - and very boring pension fund investors, so much better than holding a government bond - I was intrigued to hear the company’s CEO observe on a BBC report that “households are switching from buying fresh food to cheaper frozen goods as the cost-of-living bites into budgets”...
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Bear

Inflation, Inflation, Inflation. That's Why I'm Staying (Mostly) in Cash.

Hello Share Trudgers. There’s a feeling in the city that shares will soon rally. A few well-known analysts have said that British equities are cheap compared to the world. And indeed the Footsie has been creeping up. But this old punter believes that - apart form a few lucky sectors - British shares will stall again. Here’s why I’m staying in cash.

PREMIUM CONTENT

Parsley Box share price is soaring as it approaches delisting, offering one last chance to get out whilst you still can - strong sell/avoid

Parsley Box (MEAL) has seen its share price soar over the past couple of weeks on news that it is planning to delist, which seems rather strange as I can’t imagine all the PIs who have been buying actually want to be stuck holding this after it ceases trading on AIM.

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MUL
MUL
PREMIUM CONTENT

Mulberry and Burberry have similar sounding names…but I have very different views on the respective shares

Eight months of so ago I observed that in a choice between Mulberry (MUL) and Burberry (BRBY), from an investment perspective I much preferred the latter. And that has worked out year-to-date, as the former is down over 20%, whilst the latter is up over 15%. How do I feel after today’s Mulberry “results for the twenty-six weeks ended 1 October 2022”?

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VRS
VRS
PREMIUM CONTENT

Versarien pre bailout placing ramp part 1 – loveable scouse oaf Craig Phillips from BB 2001 and the video

There has been a concerted attempt by Versarien (VRS) to ramp its shares in recent weeks. The reason, though it has yet to ‘fess to it is that it will be out of cash, burning cash and having stiff debts to support by Christmas. It clearly needs to do an emergency placing fast, hence the ramping.  Let’s start with the just released video below starring lovable scouse oaf Craig Phillips, the winner of Big Brother 2001.

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EZJ
EZJ
PREMIUM CONTENT

Despite easyJet making me grumpy earlier this year, I am still holding onto the shares

As I discussed just over a month ago, I have fallen out of love a bit with easyJet (EZJ) as a customer. However, I do still own some shares, which means I was all over today’s full year to the end of September 2022 numbers like a rash.

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PREMIUM CONTENT

Barkby – Trading And Strategy Update: Is It Good News? Er…..

AIM-listed Barkby has released a trading and strategy update. It reads quite well, but I wonder if beneath the surface there might be a nasty shock for shareholders on the way.

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AVO
AVO
PREMIUM CONTENT

Advanced Oncotherapy marks its own homework and says it is sex on legs – does anyone fall for this bullshit as the cash runs out (again)?

Study showcases the potential superiority of LIGHT! Shouts today’s RNS from Advanced Oncotherapy (AVO). That would be the LIGHT Proton system that is not yet up and running? Yes that one. Great. So, who did the study? Er…

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PREMIUM CONTENT

Brickability Group is fine, but give me shares in its peer Ibstock any day

Back in July, I observed that “it is going to get busy, but Brickability (BRCK) is just one for the experts (even for brick and clay fans like me)” HERE. And since then, the stock has gone up and down a bit but is basically little changed. Are there any excitements then in its announcement today of results for the six months ended 30 September 2022?

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CNR
CNR
PREMIUM CONTENT

Condor Gold – Jim Mellon has to bail it out at 15p: surely this should have been before sale process started?

Last week Condor Gold (CNR) announced that as part of a strategic review it was putting itself up for sale (again) which I warned was because it was out of cash and probably could not raise any. Guess what? Old Tom Winnifrith was right yet again.

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PREMIUM CONTENT

Justin the Clown’s misleading ramp of a dog where he is already well underwater – eEnergy (looks a great short)

Back in June of this year Justin the Clown told his followers, both of them, that he had filled his boots with eEnergy (EAAS) saying “My new investment that fits ALL my filters”. I am sure that is true, the shares were then c9p. They closed Friday at 6p before the company issued dismal results at 5.40 PM, nobody is watching O’clock. So yes, eEnergy does fit the classic Clown filters. But it gets worse.

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RBW
RBW

Consider Following the Rainbow if You're Looking for a Promising Mining Play

Hello Share Mates. A perky outfit that sounds a bit like something from Lord of the Rings is worth a peek. Rainbow Rare Earths (RBW) deals in some pretty unusual commodities. More about them later, but we’re talking about a pretty exciting mining operation here.

BEY
BEY

Barryroe loan deal looks terrible, but provider Vevan has a big incentive for the company to succeed

The Barryroe oil field off of Ireland looks attractive on paper in term of the resources, but it has been well over a decade now and it is yet to be developed.

HFD
HFD

Will I be smart enough to listen to my own views on shares in Halfords Group this time?!

About five months ago HERE  I concluded that I was a buyer of Halfords Group (HFD), the “largest retailer of motoring and cycling products in the United Kingdom”. That would have been very wise, as the then c.140p share is today more than 210p.  However - as I have plenty of capability to be an idiot - I did not follow my own advice!  So, how do I feel about its interim results out a few days ago…?

PREMIUM CONTENT

Carr's Group – audit delay, shares set for short suspension but trading “has continued to perform strongly” BUY

Speciality agriculture and engineering group Carr's (CARR) has issued an update including that “the expected completion date for the group's audit and publication of the group's FY22 audited results is now mid-January 2023, later than the 3 January 2023 deadline required” but that it “has continued to perform strongly”, so what’s going on?

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VRS
VRS
PREMIUM CONTENT

Ouzo Man adds to his Versarien short – is he smart to do so?

Reader Ouzo man is brave enough to be short of Versarien (VRS) historically this has been a wise move but the shares have surged in the past couple of weeks to 21.5p from a low of c13p.

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PREMIUM CONTENT

Publicity Mad Sarah Willingham wants to stop rail strikes by bribing the workers with her £12 cocktails

According to City AM the owners of AIM listed POS bars chain Nightcap (NGHT) are Sarah Willingham and Michael Toxvaerd. Funny, I thought that it was long suffering shareholders who owned this financial abomination where every single person who has ever bought a share and held is now out of the money with the shares trading at just 8p-9p.

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PREMIUM CONTENT

A poor reaction to Pets At Home interim results provides a buying opportunity

Back in July I covered Pets at Home Group (PETS) as a buy based on my opinion that I expected the business to continue performing strongly, as we are a nation of pet-lovers and spending on them would be one of the last things that many people would cut back on. Since then the share price has seen some ups and downs, broadly in line with wider market sentiment, but yesterday it took a bit of a kicking and closed down over 5% at 289p, on a day where the FTSE actually performed reasonably well, after it released its results for H1 2023, up until October 13 2022 and covering a 28 week period. Having looked at the results I can’t really see what the market didn’t like, as they are in line with guidance in terms of full year pre-tax profit expectations on £131 million, with a range of £121-136 million.

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PREMIUM CONTENT

BREAKING: Today’s shitcoin disaster is c/o chancer Mike Edwards – Aqru, you couldn’t make this up

In the bitcoin, NFT, blockchain frenzy of early last year the gang of Mike Edwards, Jonathan Bixby, disgraced Peter Wall of soon to go bust Argo Blockchain (ARB), disgraced broker Andy Frangos of (has just gone bust) Pello infamy and proven liar John Story staged a number of heists, or as they termed them IPOs.

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AGM
AGM
PREMIUM CONTENT

“Strategic Review” is the AIM way of saying “we are fucked” – Applied Graphene Materials

On the evening of 7th November I revealed how perma-dog ( with fleas) Applied Graphene Materials (AGM) was trying to raise money at just 2p even though the shares were 12.5p at the close the working day before. The next morning it fessed, citing my article, and admitted that the issue had been pulled and that it only had cash to last until January 31. The late Mama Cass put a date in her diary for a new gig. Today comes the words every investor dreads “strategic review.”

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PREMIUM CONTENT

Johnson Matthey shares still excite me (and even ESG investors should be considering it too)

It is far from being a boring day today. It is no surprise for me to see shares in De La Rue (DLAR), which institutional investors and brokers used to call “Danny”, pulling back nearly 20% given that it is still struggling to make proper profit and free cash flow. Meanwhile, Halfords (HFD) shares might be down 4% today (and over 40% year-to-date) but seeing the stock at a c. two quid share price strikes me as a bit cheap. Perhaps more on it another time, but today I want to chat about Johnson Matthey (JMAT).

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CNR
CNR
PREMIUM CONTENT

Jim Mellon’s Condor Gold puts itself up for sale (again), better luck second time around

In September 2015 with its shares at 53p Condor Gold (CNR), backed by my old pal Jim Mellon, announced that to maximise shareholder value it was putting itself up for sale. But with no takers by January 2016 and with its shares back at 20p it called the process off. Today: guess what? It is up for sale again! The shares are now 24p! So much progress in almost seven years!

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AO
AO
PREMIUM CONTENT

Despite the share price rise today, I keep avoiding shares in AO World

I think it is fair to say there are not many fans of AO World (AO.) shares on this website, as a number of us (including myself) have written pieces highlighting the reasons to aggressively avoid shares in a company which struggles to make a profit and generate free cash. So, whilst the shares are still down over 80% since its 2014 IPO, why after another set of shabby numbers this morning are they up over 10% today as I write?

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PREMIUM CONTENT

Deepverge £2m cost savings from thin air – what on earth was Gerry Brandon up to? How soon is Microsaic toast?

Gerry the arse Brandon has only “been resigned” from Deepverge (DVRG) for two weeks and yet already the new bosses have managed to find annualised cost savings of £2 million from thin air. That begs an almighty question of Brandon and surely means that he must be fired at Microsaic (MSYS) if it is not to go bust next year.

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PREMIUM CONTENT

Large amounts of discounted dilution for Canadian Overseas shareholders is imminent unless an RBL is secured within weeks - sell

Having secured one of the most expensive funding deals that I’ve ever seen, that arrangement looks set to become even more expensive for Canadian Overseas Petroleum (COPL) unless it can secure a reserves based lending facility within the next few weeks.

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VSA
VSA
PREMIUM CONTENT

The Price of Changing your Mind – Andrew Monk of VSA Capital Special

Who said that for a small cap broker “delisting is inevitable. All are struggling to survive in a climate of scarce deals, low trading volumes, strong competition and rising costs” Okay it is a trick question but the answer is Andrew Monk of VSA Capital (VSA). The trick is that …

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GDR
GDR
PREMIUM CONTENT

Genedrive rewards executive failure & deserves to go bust: full year results

When David Budd joined Genedrive (GDR) as its CEO in early 2016 the shares were 116p.  Today after diabolical full year numbers the shares are now just 10.5p. So we are all in it together right? Er wrong. While investors have lost 91% of their cash Budd has trousered just over £2 million including an inexplicable 2020 bonus of more than £207,044 taking his total package that year to £444,615. Oink. Oink. It gets worse…

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PREMIUM CONTENT

Virgin Money – the shares are a bit cheap but as an investor you can do so much better elsewhere

Have you ever used Virgin Money UK plc (VMUK)? Personally, I never have but, as the group now “operates under the Clydesdale Bank, Yorkshire Bank and Virgin Money brands”, I guess a bunch of you do (or have). How is it getting on?

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ARB
ARB
PREMIUM CONTENT

Fancy a 165% annual yield until you get a 1750% capital gain in 4 years?

Yes, if it sounds to good to be true it is too good to be true. But some folks still think that it is true. The company is, of course, Argo Blockchain (ARB). I think it could go bust as soon as this week but there are others who know better.

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ADT
ADT

AdEPT Technology – decent interims and “a strong pipeline of opportunities”, Buy

Technology managed services group AdEPT (ADT) has announced its results for its half-year ended 30th September 2022 and that “whilst headwinds remain… the group has made good strategic progress and there remains a strong pipeline of opportunities”. This follows a half-year adjusted profit of £3 million and earnings per share of 12.1p on revenue slightly down to £34.2 million.

PREMIUM CONTENT

Essentra – after its presentation earlier this week, I am even more of a buyer

About six weeks ago I chatted about the future prospects for Essentra (ESNT), which is shifting from being a diversified Filters, Packaging and Components operator to “a unique business model, combining manufacturing and distribution, operating in a highly fragmented market” in just the Components area. And its ambition is “to be the world’s leading responsible hassle-free supplier of essential industrial components” and “to double revenue and triple operating profit”. It all sounds good, but does it mean the stock is still a buy or not?

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PREMIUM CONTENT

Oscillate RTO – madness

Fungai Ndoro who runs Aquis listed Oscillate (MUSH) is not a bad girl but any company that invests its shareholders cash in Dev Clever (DEV) warrants must – for reasons explained HERE – be run by someone who is smoking something.  Today Oscillate has announced an RTO which makes no sense at all.

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NZI
NZI
PREMIUM CONTENT

Net Zero Infrastructure: share ramp by spivs + green shite + ex Tory MP on board = disaster

Oh dear, oh dear. My old friend the champagne socialist Fleet Street Legend Brian Basham is a director of Net Zero Infrastructure (NZI) and was so hopeful when it listed on the (sub) Standard list at 3p last September 15th. I warned him... and now a year later almost two thirds of the money has gone….

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Jeremy Hunt is a LIAR Steve O'Hara is not

Even Pete Brailey the most staunchest of Tory members you could ever meet says he has given up on the party after today's budget. I go through two lies Jeremy Hunt told and consider how he has screwed the poor, those of us running SMEs and is protecting super rich folks with sons at Eton with another lie.  Like Peter I shall not vote Tory next time.  Then onto a man who is not a liar, Optibiotix (OPTI) boss Steve O'Hara and the presentation he gave today which is below. I mention Skinbiotherapeutics (SBTX) and an email exchange today at this point. Then a few words on Kefi Gold & Copper (KEFI) follow then on to Argo Blockchain (ARB) which I expect to go bust next week and Ceres Power (CWR) whose valuation is still bonkers despite the shares slumping by 80% since peak ramp. 

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CWR
CWR
PREMIUM CONTENT

Ceres Power – on a (very) slow boat to China

Oh dear, oh dear, more bad news from the green pipedreams, slurp the jam tomorrow and forget about the bonkers valuation sector. Today it is Ceres Power (CWR) an AIM listed company repeatedly recommended by our own in-house Guardian reading eco-Warrior Malcolm Stacey but red flagged by  myself and Peter Brailey. Its shares are down by 65% year to date and by c80% since February 2021, the peak of the green bubble madness.

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PREMIUM CONTENT

Burberry’s next phase is “modern British luxury”. Bad news for any chavs during a recession!

Even though I have held shares in Burberry (BRBY) for a while now, I must admit it is not as if I have many of its trench coats, leather accessories and footwear products in my wardrobes. In fact, I have none at all. Historically that was because I failed to be enough of a chav earlier this century (and stylistically I was naturally a bit more stuck in the C&A 1980s). However, you live and learn as you get a bit older. So, was it good news to hear the new(ish) CEO observe today that his big plan was to focus on being a “modern British luxury” company?

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PREMIUM CONTENT

Guild E-Sports – yet more management changes as this bogus David Beckham creation prepares for bailout fundraise.

So far this year 4 NEDS and the FD have departed from Guild E-Sports (GILD). Now one of the NEDs who came onboard on March 31 as others left has walked and the CEO has replaced the chump who floated this crock just over two tears ago. What next for a company now running on vapours?

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PREMIUM CONTENT

Ince gives away broker Arden for nothing, the final chapter of a comedy of errors

Well I guess it is not quite so funny if you are a shareholder but this acquisition – now – rreversed – has destroyed Ince Group (INCE) as a credible investment. I was urged by the company’s PR to tip the stock but, according to some folks, that really would have been a kiss of death and anyhow it was self-destroying – as I predicted – without my endorsement. 

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BZT
BZT
PREMIUM CONTENT

Bezant Resources – oi Colin Bird is it bust yet?

The maths look pretty clear to me. Perhaps penny share huckster Colin Bird would want to explain why I am wrong and Bezant Resources (BZT) is not technically bust yet?

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PREMIUM CONTENT

Sage Group continues to perform, whilst British Land continues not to

I am pleased to see Sage Group (SGE) shares back up to a circa 800p share price after the publication of its full-year numbers earlier today. Six months ago, I noted that I was “once again…in love with Sage Group shares”. Even though I am not a personal user of its small business capabilities, it is still super relevant from a cloud and ongoing new R&D perspective. But, whilst the share was cheap in May, it looks closer to being a fairer value today. In short, time to take some nice profits at Sage Group. So, if one of Newcastle’s FTSE 100 finest is doing well, what about the more London-focused British Land (BLND)?

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PREMIUM CONTENT

Surely Moonpig is a short at 171p?

What am I missing dear readers but surely a company that sells extraordinarily expensive personalized greeting cards and a range of gifts in Britain and Holland must be at risk of a slowdown in discretionary consumer spending? I refer to Moonpig (MOON), a company whose valuation discounts no such slowdown so ahead of interims on December 7 should you go short? 

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PREMIUM CONTENT

Why isn’t Malcolm tipping BSF Enterprise?

It is right up his street, as a vegan extremist, in what it does. It also taps into an unproven market, is guzzling cash and has a joke valuation. What more could Malcolm want?

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PREMIUM CONTENT

Tesco – a 250p+ share price target after recent interims?

Shares in Tesco (TSCO) were above 270p as recently as August but have fallen back significantly as it faces clear macro challenges. However, it has a long track-record across economic conditions and we consider the share price fall has been too extreme.

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Joules – to call in administrators, hopefully the warnings here rather than the bullshit of management were heeded!

A share price already down from a 160p 2016 AIM listing price to 10.5p when I wrote a week ago on Joules Group (JOUL) already told much, but it argued “good progress in defining and delivering its turnaround plan as well as continuing its focus on cost control and cash management” and “active customers are in growth, and brand health and awareness KPIs, which reflect consumer perception of the brand, have remained strong”. However, I argued that the financials meant I can understand why discussions re. Next plc (NXT) acquiring an equity stake “ceased” and to avoid / sell. Now from the group “Intention to Appoint Administrators and Suspension”.

PREMIUM CONTENT

My fellow Kefi shareholders – sorry but some of you are very dim indeed!

In October Kefi Gold & Copper (KEFI) announced, in another delay, that it would get financial sign off for its Tulu Kapi scheme in “mid November”. Today, on the 14th, some of my fellow shareholders are cacking their pants. Why? Just how dim are you?

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WG
WG
PREMIUM CONTENT

As it pays out a litigation settlement, don’t forget Wood Group’s capital markets day later this month

A new week, a new suspension, as Joules Group (JOUL), the “true premium lifestyle brand with an authentic heritage”, announced an “Intention to Appoint Administrators and Suspension of Trading in Shares". Is it a huge surprise? Not really (and you can see now why Next plc (NXT) decided not to take a stake a few months ago). Meanwhile, and back to shares I do actually own, I see that Wood Group (WG.) is handing out $115 million in a “Settlement of Enterprise litigation case”. But the shares are only down 1% or so today.

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PREMIUM CONTENT

Kefi Gold & Copper shares to double by Christmas?

Kefi Gold & Copper (LSE:KEFI), a gold and copper mine developer with projects in Ethiopia and Saudi Arabia is a company whose shares we think could double by Christmas and here is why.

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AAU
AAU

Ariana Resources – updates on potential catalysts in Turkey, Buy

Ariana Resources (AAU) has issued an update on the work programmes in Turkey it has interests in, emphasising that it is “highly encouraged by the simultaneous and substantial progress being made” on the projects by its 23.5%-owned joint venture.

ARB
ARB
PREMIUM CONTENT

Argo’s Peter Wall caught with his trousers down again as insolvency looms

Peter Wall the CEO and interim ( for more than a year) chairman of Argo Blockchain (ARB) has been caught with his governance trousers down yet again. When will the regulators accept that Wall is a bad actor who should be ejected from the PLC stage?

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GPM
GPM

Golden Prospect Precious Metals – proposed annual subscription right, good news

Precious metals securities investment company Golden Prospect Precious Metals (GPM) has stated that it “is pleased to announce details of proposals to introduce an annual Subscription Right for Shareholders”. Is this good news?

Bear
PREMIUM CONTENT

Beyond Meat is Beyond Redemption.

Before the market meltup, shares in Beyond Meat (BYND) closed at an all-time low of $11.90 on Wednesday night after releasing a disastrous Q3 earnings report. Is this a chance to buy into the BBC's favourite Nasdaq stock? No! Au contraire.

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ITH
ITH
PREMIUM CONTENT

Avoid Ithaca Energy following its IPO - it looks expensive compared to its peers and has high levels of debt and liabilities

It’s been a while since we’ve had a new IPO of a large oil and gas company in the UK, so Ithaca Energy (ITH) caught my attention, especially as it is a company that I had followed previously when it was listed.

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PHE
PHE
PREMIUM CONTENT

Powerhouse – after digging a hole in the road, its next ramp: placing ahoy?

Even Stevie Wonder can see the writing on this wall. PowerHouse Energy (PHE) is now having to fund the building of its own waste to hydrogen plants having previously said others would do so, it burns c£2 million every half year running the company and it is spunking £1.3 million on a global Technology and Innovation centre. By next Spring it will be out of cash

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DEV
DEV
PREMIUM CONTENT

Dev Clever are you a £255m BUST yet? How about a year end trading statement?

Shares in Dev Clever (DEV) remain suspended as, after 11 months, the FCA is still refusing to sign off on a RTO prospectus. But that is the least of Dev’s worries, it must surely be bankrupt by now, how about its advisers, those fine fellows at Novum, cobble together an October 31 year end trading statement. Here is the maths:

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BEN
BEN
PREMIUM CONTENT

Hello Adam Wilson, it’s Adam Wilson here can we chat again? I wanna tell you I love what you are doing

After yesterday’s inadequate disclosure from Ben’s Creek  (BEN) - CEO Adam Wilson – about share dealings by its biggest shareholder MBU Capital - senior advisor Adam Wilson – Mr. Wilson of Daniel Stewart and Atlantic Carbon infamy – has sought to clarify matters with another comical RNS.

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ARB
ARB
PREMIUM CONTENT

BOOM: Argo Blockchain 2026 bond collapse screams at you the shares are worth 0p

The bond market is nearly always a better guide to the value of equity than the equity share price since the latter – in situations of distress – is largely driven by bulletin board morons in denial who are trading the stock while institutions  are unable to sell large positions so just sit there like rabbits in the headlights waiting for the end. So there are some folks who reckon that buying Argo Blockchain (ARB) shares  at 8.5p giving a market cap of £40 million is smart

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AAU
AAU
PREMIUM CONTENT

Ariana – Work Programmes Progress Report: Still A Buy

AIM-listed Turkish Gold-producer Ariana (AAU) has released a progress report over drilling and exploration across its 23.5% part-owned Turkish assets. With the shares having drifted to 3.05p amid general market disinterest (although I fancy that is changing as we speak) the report is upbeat.

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PREMIUM CONTENT

BREAKING: Latest RICS survey confirms house price & volume gloom, Purplebricks is surely toast in 2023

There is no way that this turd can be polished. It is a turd for housing market bulls. The latest monthly survey from the Royal Institution of Chartered Surveyors (RICS) covering October is even worse than that for September which was itself pretty dire. Those seeing value in anything housing related shares ( Comrade Stacey?) need to take a reality check.

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PHE
PHE
PREMIUM CONTENT

Company digs hole in road and issues RNS

Digging a hole in the road should not merit an RNS but when you are desperate to ramp your shares ahead of the next bailout placing, needs must.

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PREMIUM CONTENT

BREAKING: Every single person owning Nightcap shares has now lost money – but CEO Sarah Willingham says she is having fun & its rewarding for her so that’s okay then

Dragon’s Den “star” La Willingham tells shareholders in Nightcap (NGHT) that for her the past year has been “eventful, fun and, at all times, rewarding”. With her bonus scheme and that for her husband Michael Toxic, that may be true for her family. The shares listed at 10p, peak ramped at 33.5p and the last placing was at 23p. The shares are now just 9p-10p after today’s dire results. So anyone who has ever bought a share in this company since its  January 2021 listing iand who still holds is now out of the money. Do mug punters in Willingham's vanity PLC regard this experience as “fun and rewarding?” It will only get worse for them.

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BEN
BEN
PREMIUM CONTENT

Ben’s Creek – the stench of Adam Wilson, today’s very belated 'fess up does not bear scrutiny

I have always argued that promote Ben’s Creek (BEN) is uninvestable on the basis that its CEO Adam Wilson of Atlantic Carbon and Daniel Stewart infamy is a scallywag and also that its assets which sent the last owner into bankruptcy were piss poor.  Today comes news of a share transaction that stinks and an explanation that does not wash.

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SLP
SLP
PREMIUM CONTENT

Sylvania Platinum – improved production and prices, remains a growth and income Buy

Sylvania Platinum (SLP) has announced “best quarterly production since the COVID-lockdowns in early 2020. This increase in production ounces and the 2% higher PGM basket price recorded in the quarter, resulted in stronger profits”. The shares have currently responded up to 92p and there looks more to go.

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PCF
PCF
PREMIUM CONTENT

The curse of the fraud Supply@ME Capital’s David Bull – PCF Group to leave AIM and wind down

Secondary lender PCF Group (PCF) was an AIM sewer high-flier with its shares trading at above 40p just over 4 years ago. Today after news that it was winding down its loan book and delisting the shares are just 0.56p and the man who is to blame for the chain of events that led to today’s bombshell  is David Bull, until August chairing Eight Capital Partners (ECP) and running the Audit Committee as a NED as its bastard big brother the fraud Supply@ME Capital (SYME). Is he the most toxic bean counter in the small cap world?

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Newsboy
PREMIUM CONTENT

Buy, sell or hold views on today’s quarterly updates from Aviva, ITV and Taylor Wimpey

It must be because I spend too much of my time dealing with the global quarterly corporate earnings season that when I see a bunch of UK corporate “trading update” announcements, I know that they will leave more questions unanswered than dealt with. To give the Americans or the Europeans their due, at least every three months any reasonable market cap company will punch out a good quarterly update and a conference call. However, among FTSE 350 names in the UK, good luck hoping for this.

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RRR
RRR
PREMIUM CONTENT

The Andrew Bell defence at Red Rock

I am no longer tipping Red Rock Resources (RRR) as, I feel that its failure to monetize assts and thus prove what they are claimed to be worth has gone on for too long. Why can't it monetize even one asset? The failure to do so means more fund raisings and that, to me explians why the shares I still own after almost three years have been such a duff investment for me. But boss Andrew Bell has another excuse...

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PREMIUM CONTENT

Have you looked at Seraphine’s website – another dire warning issued

Young Steve Moore and I have repeatedly warned you about Seraphine (BUMP) another disastrous 2021 IPO. Today came another warning but before we deal with the abject numbers I suggest you all have a butcher’s at its website HERE. And as a reminder…

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ARB
ARB
PREMIUM CONTENT

Another calamitous update from Argo Blockchain, the Fat Lady is warming up

You really cannot say that you were not warned over and over again by this website that Argo Blockchain (ARB) would make rich knaves such as CEO Peter Wall, disgraced broker Andy Frangos, paid share ramper (sorry “journalist”) Zak Mir and proven  liar and rule breaker John Story richer while screwing ordinary shareholders. The game is almost up. The Fat Lady is gargling. Today’s October update is a disaster.

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DCC
DCC
PREMIUM CONTENT

Despite the year-to-date volatility, DCC remains a great FTSE 100 pension fund holding for me

As quite a boring investor, I really like lengthy adjusted operating profit, earnings per share, dividend and free cash flow analysis. And by “lengthy”, I mean nicely more than a couple of decades of data as it gives you a good insight as at least there have been a few (proper) cycles. It certainly does not mean that changes cannot happen, as nicely shown by the shift and evolution of FTSE 100 or Dow Jones Index members over time, but it is certainly better to have a lot more information rather than a lot less. And this brings us to the pass-through business DCC plc (DCC).

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AGM
AGM
PREMIUM CONTENT

GOTCHA: Applied Graphene forced to comment on ShareProphets scoop – surely the Fat Lady has a gig coming now

At 9.07 PM last night I revealed here that Applied Graphene Materials (AGM) was working on a placing, trying ( I stress trying) to raise £3 million at just 2p as against a 10p bid price. I flagged my piece up to the PR bunnies at Hudson Sandler and so ensured they all had a late night as today there is a response to comment on “an article published on the ShareProphets website on the evening of 7 November 2022 regarding a possible equity raise.” Timber!

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PREMIUM CONTENT

BREAKING: Another Cineworld Court Hearing spells out exactly why it is a slam dunk zero

Still there are fools who think that Cineworld (CINE) shares have value. They do not. This looks like a slam dunk zero after documents published late last night in the latest round US Chapter 11 hearings. What follows is an idiots guide as to why any holders should sell and anyone who wants a free Christmas bonus should add to/open a short at 6p. Here goes:

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Can you smell that bullshit from Tern: shares could well halve by Christmas

I start by discussing apple pressing: I am still at it. Then I look at Tern (TERN), Amur Minerals (AMC), Joules (JOUL) and Eurasia Miniung (EUA) as it heads for a cash crisis.

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ARB
ARB
PREMIUM CONTENT

Kicking two men who are down

In my experience it is often better to short a company’s shares when they have already fallen sharply and it has indicated that its equity is worthless. After all, the upside for a short that goes to zero is 100% whether you open it at 100p or 10p.

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BMV
BMV

Bluebird Merchant Ventures shares to double by Christmas

On Friday we wrote an article HERE on 4 shares we thought could double by Christmas. One of the four is Bluebird Merchant Ventures (BMV) at a 1.8p offer.

I3E
I3E
PREMIUM CONTENT

Recent weakness in the I3 Energy share price presents a buying opportunity

I3 Energy (I3E) has enjoyed a miraculous turnaround in fortunes over the past couple of years, thanks to buying new assets at the right time and benefitting from high oil and gas prices since then.

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Time to Start Buying Shares Again? Probably Not. And Here's Why.

Hello Share People. That big dilemma is still with us. If you’d aped me and swapped your shares for cash in the Spring, you made the right call. But you need to be in it to win it. And there’s no point in staying in cash if the big share rally is starting. And we all know it will, eventually. But what should we do right now.

Bearcast
PREMIUM CONTENT

Tom Winnifrith BONUS Bearcast - 10 or is it 12 shares to go to zero by Christmas

Is it 10? Is it 12? You decide. You may say there are a couple of cheats in there. Enjoy.

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DFS
DFS
PREMIUM CONTENT

DFS – I am keeping on Avoiding the shares (or buying a new sofa)

I am technically a customer of “Your Sofa & Furniture Experts”, DFS Furniture (DFS). I say technically as, whilst we did purchase the lounge sofas from the company, it was about twenty years ago and even the DFS future sales department has (sensibly) lost interest in me. After all, the sofas are still good quality and it is not as if we use them that much. However, I do follow the company’s corporate updates and share price as it provides a good insight into the thinking of the average consumer. And this brings us nicely to today’s “trading update and AGM statement” from the company.

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PREMIUM CONTENT

Mode Global – C’mon Rowland why is today’s RNS not indicative of rule breaking?

Jonathan, son of Spotty, Rowland is, as I demonstrated yesterday a bit of colourful old troll. Today his company, Mode Global (MODE) issued an RNS which is surely indicative of rule breaking. But rules are only for little people are they not?

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: I apologise to between 70 and 75% of Australians

After that apology to most of the citizens of a nation that has turned Philistinism into an art form I discuss the Bank of England hiking base rates by 0.75%. Then it is onto ouzo man and Purplebricks (PURP) before I turn to two gold stocks that could now rocket by Christmas, Kefi Gold & Copper (KEFI) and Bluebird Merchant Ventures (BMV). I own shares in both and both have two reasons for a dramatic near term re-rate. Then Trainline (TRN) where the outlook is not so bright.

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PREMIUM CONTENT

Mode Global and another promoter who tweet trolled goes silent: Jonathan Rowland

Jonathan Rowland the son of the colourful “Spotty”, and the founder and boss of crypto-shite play Mode Global Holdings (MODE) has been deleting some tweets of late, notably those where he trolled Gary Newman for suggesting that shares in his promote, masquerading as a company, were grossly overvalued. Over the past year the shares have collapsed by 91% and now trade at just 3.2p. In light of that, perhaps investors might wish to review some of Rowland’s tweets he forgot to delete, as we have now saved them for posterity. Oddly Rowland is not tweet ramping these days, I can't think why.  Enjoy.

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ECP
ECP
PREMIUM CONTENT

Eight Capital – the comedy show scam goes on: proposed £10 million placing

The bastard little brother of the fraud Supply@ME capital (SYME), is the Aquis comedy show that keeps on giving. How can Aquis expect to be taken seriously when it offers a platform to rogues such as Eight Capital (ECP) bosses Dominic White and David Bull of PCF infamy. Today Eight has launched a £10 million fundraise at 0.02p. Its market cap at 0.025p is just under £4 million and even that is mighty generous. By about £4 million.

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PREMIUM CONTENT

Mast Energy dissembles (again) as new death spiral taken out

Joining the Standard List at 12.5p in April 2021 when it raised £5.54 million Mast Energy (MAST) has form when it comes to deceiving investors and today’s news of death spiral funding is no exception to that behaviour.

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PREMIUM CONTENT

The FRAUD Supply@Me Capital – snouts in trough and more indications that Tradeflow is likely to be sold

Today the fraud Supply@ME Capiital (SYME) announced the following grant of awards under its Long Term Incentive Plan. Do not laugh, I kid you not:

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PREMIUM CONTENT

Cineworld DISGRACE – shares up 220%, short the f*ck out of it and thank the FCA for being so utterly useless

There has been news but no RNS. So for 24 hours there has been a false market in Cineworld  (CINE) with morons now buying the shares at c8p or higher. They are misunderstanding what has gone on in a void as Cineworld has issued no RNS statement. This is a regulatory disgrace, which again shames the FCA, but take advantage of it and short the feck out of the shares.

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PREMIUM CONTENT

Seplat Energy is often overlooked but offers value for oil bulls, especially if the Mobil deal completes - buy

Nigeria isn’t my first choice of location when looking at investing in oil and gas companies due to some of the issues that foreign investors have had over the years, but if you’re bullish on the sector, then I can currently see value in shares in Seplat Energy (SEPL).

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PREMIUM CONTENT

Bowleven – Full Year Results Not Such Good News. Mea Culpa.

AIM-listed Bowleven (BLVN) released its full year results to June 2022 this morning and the news was not great. TW note, be honest it was piss poor. The cash is running low – noted in a material uncertainty warning regarding Going Concern and progress on the Etinde gas project off Cameroon – its one part-owned asset – has ground to a halt. Things are set to change, but there are plenty of problems.

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RTO
RTO
PREMIUM CONTENT

Rentokil Initial – good news that I still haven’t required its pest-control services (and I am still not buying the shares either)

About six months ago I observed that Rentokil Initial (RTO), founded in 1925 as a pest-control business, was “almost perfectly in the middle of the 450-600p range over the last year”. And that it “need to be a bit cheaper to have another look…if you own the stock, then you have probably held it for ages and are very happy to do so, but there is no need to chase this one if you do not”. A bit like the FTSE 100, there has been just a bit of volatility since then but now we are kicking around a similar share price. Is there any need to change my thoughts from back in April, or not?

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VINDICATED AGAIN: Made.com – it is over now: Administrators appointed

While the brokers told you to fill your boots with shares in Made.com (MADE) after its £775 million IPO last June, I warned you again and again that this would end badly, as you can see HERE. Made featured prominently in my 2022 ShareStock presentation. This company never had one profitable year in its 12 year existence and now as it calls in the administrators, shareholders have lost everything and the recriminations begin, led by establishment knobhead Brent Hoberman who founded this crock.

MXC
MXC
PREMIUM CONTENT

MGC Pharmaceuticals – so desperate to place but pro tem more death spiral vicar? Dismal quarterlies

I have warned you for a long time, notably with this dossier HERE, that Standard Listed MGC Pharmaceuticals (MXC) is a dog with fleas drowning in a sea of red flags. Today’s quarterlies, coming after six ramptastic announcements so far this month are piss poor and written with intent to deceive.

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PREMIUM CONTENT

BREAKING: Vast Resources bailout funding to stave off insolvency but warns will need another as MONSTER investor deception revealed AGAIN

On 24 October Vast Resources (VAST) held a GM where shareholders voted to allow it to issue more shares. But fear not, the chairman stated “ It should be stressed that there is no commitment at this time to issue the new equity share capital for which authority is sought, and it remains the policy of the Directors to minimise such issues.” That was deceptive as the company HAD to raise money this month to avoid going bust. Today, as I predicted, came the deeply discounted placing.

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ARB
ARB
PREMIUM CONTENT

Argo Blockchain – they think it’s all over...The Fat Lady leads the pitch invasion

Fear not. All of the rogues involved in ramping this one over the years have already made vast sums through share dumping and bloated cash payments. Peter Wall, Zak Mir, disgraced broker Andy Frangos, Adrian Beeston, John Story the list of colourful characters goes on and on but they are all okay, there is no need for them to launch a Go Fund Me page. But, Argo Blockchain (ARB) served up dire news this morning which means those mug punters, bulletin board morons and institutional investors alike, who have ignored my numerous warnings, will soon do their conkers.

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BPM
BPM
PREMIUM CONTENT

B.P. Marsh and Partners – shares up on interims, but much more to come? In short: YES!

Previously writing on early stage financial services businesses investor B.P. Marsh & Partners (BPM) last month with the shares at 302p we concluded that they were still a Buy ahead of results for its half-year ended 31st July 2022. The shares previously closed at 284p but are now 304p on the back of the results.

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UHS
UHS
PREMIUM CONTENT

The fraud Umuthi - a final stake in its LSE heart from the FCA?

Those who read our devastating series of exposes on Umuthi Healthcare (UHS) will have been in now doubt that company brought to market here in London by the fraudster Queen, was a fraud.  The real scandal was that the FCA ignored all the red flags to allow a listing. At least, in the end, it gave Umuthi the boot. Umuthi appealed but that appeal was last week rejected.

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PREMIUM CONTENT

Five Slam Dunk Sell For 2022 – End Of October Update As Tern Heads Into Cash Crisis

My five slam-dunk sells for 2022, Tern plc (TERN), Barkby (BARK), Trafalgar Property (TRAF) and URU Metals (URU) of the AIM Casino, and sub-Standard-Listed AIQ (AIQ), were heading nicely towards a clean sweep, with four winners out of five at the end of September. As Tern heads for a desperate cash crisis within weeks, how are the scores-on-the-doors this month?

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PREMIUM CONTENT

What does the reintroduction of the fracking ban mean for the UK onshore industry, and is it still worth investing in companies in this sector?

When Liz Truss became Prime Minister one of the first things she did was to reverse the moratorium on fracking in England, and now just a short while later we have seen another U-turn by the Conservatives, with Rishi Sunak reintroducing that ban.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Malcolm is wrong, wrong, wrong today

Comrade Malcolm Stacey is yakking on about buying green shite shares again today. I explain why he is wrong at four levels to do so. I reference an article I wrote today HERE on floods in Pakistan and a few years ago on droughts in Zim South, specifically Cape Town. On Global warming do not acccept what the MSM, especially Malcolm's pals at the BBC tell you, drill down to the core facts... Today's episode shows again that there is no "house view" on this website

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PREMIUM CONTENT

OptiBiotix Health – Saudi approval for GoFigure products and initial purchase order

OptiBiotix Health (OPTI) has announced Nahdi Medical Co has received approval from the Saudi Food and Drug Authority for GoFigure shakes and bars and that it has received the first purchase order from Nahdi.

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JLP
JLP

Jubilee Metals – full-year results, expansion projects production now to ramp-up

Jubilee Metals (JLP) has announced results for its year ended 30th June 2022 and that in South Africa new enlarged (+45%) PGM and chrome operations have set the platform to deliver 44,000 PGM ounces and 1.2 million tonnes of chrome concentrate per annum from its own capacity and in Zambia that it is targeting first half of the year copper of 3,000 tonnes.

ITM
ITM
PREMIUM CONTENT

ITM Power, the best time to kick a man is when he is down

A couple of years ago I did a podcast suggesting that the share price of ITM Power (ITM) was truly bonkers.  In the mad rush to buy “green” investments it then got a bit more "truly bonkers". That is the problem with bubbles, they can just keep on expanding far longer than most folks think, defying all logic.  And green energy clearly is a bubble.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: ouzo for me as the shysters at Bidstack fess up after my scoop but Parsley Box shares up 150%, WTF?

In today's podcast I cover Bidstack (BIDS) where after today's disingeneous 'fess up folks are delusional. Then I look at Parsley Box (MEAL), Vast Resources (VAST), Canadian Overseas (COPL) and Argo Blockchain (ARB)

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IAG
IAG
PREMIUM CONTENT

Are you going to book an International Consolidated Airlines Group SA (aka British Airways) flight over the next year or not?

International Consolidated Airlines Group SA (IAG) aka the stock you and I used to call British Airways, saved my backside a few months ago.  To be precise, I am sure the Gibraltar tourist board and/or a Spanish train company would have preferred me to be stuck thankis to Easyjet (EZJ) - with my eldest daughter - in the British Overseas Territory and a city located at the southern tip of the Iberian Peninsula, but IAG / BA stepped up in a timely (although slightly expensive) manner.  So, I have become a bit more of a fan (albeit that I do not currently own any shares in the company), which brings me to its third quarter numbers published earlier today…

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Vast Resources – less than 2 working days away from suspension or is a deeply discounted placing underway?

Last year Vast Resources (VAST) had to complete an emergency and deeply discounted fund raise in October as without it the auditors argued the company was insolvent and so refused to sign off on the books. Even post placing they flagged up a material uncertainty. So what of 2022?

GOTCHA: Bidstack forced to fess to damning email thanks to the Sheriff of AIM but it still dissembles

I wrote to AIM Regulation yesterday and it is clear that it has acted forcing the rogues at Bidstack (BIDS) to come clean about the “Private” bust up with Azerion email sent to some clients of Nomad Stifel yesterday, an email, that thanks to Winnileaks, I published in full within hours of it being sent. And the regulators have forced hapless Lyin’ James Draper to roll back on claims in that email.

PREMIUM CONTENT

Wildcat Petroleum admits it again misled investors and broke rules as placing confirmed

Of course, Wildcat Petroleum (WCAT) lied to investors with its very first RNS as a quoted company so what follows suggests that this wild cat is a leopard and its spots have not changed.

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PREMIUM CONTENT

I will not be losing my Lloyds Bank shareholder virginity status

I have never admitted this publicly before, but when I was 18 and setting up a university bank account I wanted one at Lloyds Bank (LLOY). However, it never worked out and I ended up with one of its competitors (absolutely nothing to do with the extra ten quid offered as a “joining bonus”). And, funnily enough, I have never owned Lloyds Bank plc shares either during my investment life, as there was always something potentially better or more interesting or something else. Nevertheless, I listened to the group’s conference call earlier today for a bit of light corporate earnings season excitement. What did I make of the “fast evolving and uncertain environment”, where apparently “the group is performing well”?

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Made.com – another nail in the coffin: company talking to administrators yet?

I wonder how top brokers value Made.com (MADE) these days? Meanwhile back in the real world we have another nail in the coffin.

PREMIUM CONTENT

Deepverge raises £10-12.5m at 2p: everyone (apart from existing shareholders who are utterly screwed) is happy.

£10 million in a placing at 2p. Plus a broker offer raising up to £2.5 million more. Lovely Jubbly. Everybody connected with the POS Deepverge (DVRG) is happy, except shareholders who have, again, been royally screwed. As I oft predicted. So who are the winners on a day when Deepverge fessed up to yet another undeclared related party transaction involving Gerry “the arse” Brandon.

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PREMIUM CONTENT

BREAKING: Now almost bankrupt Made.com lies to its customers (AGAIN) as it stops taking orders

Yesterday, Made.com (MADE) admitted that having failed to refinance and failed to find a trade buyer the game was almost up. What else would you expect from a company founded by blaggers and bluffers like Lastminute’s Brent Hoberman and Chloe Macintosh who is now pushing Kama, a sexual awakening app and which has booked a stonking loss in every year of its 11 year history. Millionaire banksters might not have seen this coming but I sure did.  Today the company had more news for investors as it AGAIN lied to its customers.

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PREMIUM CONTENT

Genflow Biosciences – time to interrogate the share register, is the convicted pump & dump fraudster still there?

With normal companies and normal investors, one assumes that if a big stockholder has been selling you will see a TR1. But in some cases you would be wrong for making such assumptions. You will remember that Genflow Bioscences (GENF) was created for the Standard list by convicted penny share pump and dump fraudster Ron Bauer and his “known associate” Adrian Beeston. After the IPO at 8p in January of this year family Beeston and Bauer held c20% of the equity. Today the shares slumped to just 1.9p

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PREMIUM CONTENT

The wretched, corrupt and pointless world of broker research - Made.com

My youngest daughter believes that Peppa Pig is a work of literary genius. Her big sister Olaf believes in man made global warming. Joshua believes in Father Christmas and I have some belief about what woould be good for Cheryl Cole. Meanwhile, Cliff Weight of Sharesoc and our in house BB messiah PL believe in the utility of broker research. I bring you three notes on Made.com (MADE), floated at 200p last June and shares in which are now c1p.

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PREMIUM CONTENT

GOTCHA! Parsley Box – delisting on the menu as the money runs out

The fight to be the worst IPO of 2021 is a bitter one but along with Made.com (MADE) which pre-published its own obituary this afternoon, Parsley Box (MEAL) has to be a contender and again I warned folks numerous times that this was a dog with fleas. Today it served up news which went down like a wet dream involving Liz Truss.

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PREMIUM CONTENT

GOTCHA! Made.com …they think its all over…..200p to 1p in 16 months

Hurst has not stuck the ball in the back of the net yet but the crowd of bears are on the pitch clutching bottles of ouzo and is that a Fat Lady I see among them?  Surely this disgrace from the IPO class of 2021 is doomed after the latest news? You cannot say that I did not, on numerous occasions, warn you all

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WTB
WTB
PREMIUM CONTENT

I remain a fan of both staying at a Premier Inn and owning shares in Whitbread

As I noted most recently last week, I am a big personal fan of Whitbread plc (WTB) and its Premier Inn brand. I even contributed a few quid to its profitability numbers over recent months. How excited am I then about its “performance driven by our ‘investing to win’ strategy over the last two years”, “well-placed to capitalise on the strong market recovery in the UK and Germany”, and “adjusted profit before tax of £271.9m, including £24.9m losses in Germany”?

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PREMIUM CONTENT

Scancell Shoots Higher On Commercial License But Is It A Bare-Faced Ramp?

AIM-listed Scancell (SCLP) was a company that I tipped – very unsuccessfully – in the past, on hopes of making pots of cash out of its medical technology. I sold, and needless to say, the shares then shot higher amid the Covid pandemic. But more recently, the ski-slope (downwards) reasserted. Until this morning.

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CDL
CDL
PREMIUM CONTENT

Cloudbreak Discovery – Another Round Of Death Spiral: Look At The Chart!

I warned in June of last year, when Cloudbreak DIscovery (CDL) joined the sub-Standard List (then as Imperial X) that a £10 million death spiral facility would be trouble for the then (at IPO) £11.7 million capitalised company, with the shares at 3p.

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Deepverge shares tank another 17% - now just 2p to sell: statement needed asap!

The silence is ominous. If Deepverge (DVRG) cannot get a placing away it will have no cash and £4 million of debt (plus interest) to repay. It is, in short, screwed. Toast. Kaput. A dead parrot. It wanted to raise £9 million at 5p. Then it became at 3p. Then, the word is, it became 2p. But with the shares are now just 2p to sell

GKP
GKP
PREMIUM CONTENT

Gulf Keystone is well positioned to benefit from continued oil price strength - BUY

Oil has been showing signs of weakness in recent months after hitting highs of nearly $140/barrel – for Brent – earlier this year, and has suffered over concerns about the economic situation in many countries in the coming months.

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PREMIUM CONTENT

We could talk about politics…or Pearson plc

Did anything happen in UK politics over the weekend? Personally, I was not too surprised that “BoJo” decided not to play given everything that has happened in the last year or two, plus his upcoming Commons Privileges Committee investigation. Of course, he still fancies himself as a returning future prime minister later in the 2020s. My view about what is much more likely over the rest of this decade involves more debt, more tax and slower economic growth in an ageing population world but onto other matters.

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PUR
PUR
PREMIUM CONTENT

Pure Gold – Pure Ouzo Time As Fat Lady Hangs In The Wings: Told Y’All

I have been an uber-bear on sub-Standard and TSXV-listed Pure Gold (PUR and TXSV:PGM) ever since first writing about it in April of this year – and that from a Gold-bull. This morning we had news that has me racing for the Ouzo cupboard for my breakfast.

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Crime-Scene

BREAKING: The £65m boiler room FCA boss Mark Steward refuses to act on, so now the lads are at it again – Eden Pharma

Time and time again I warned on this website that Appbox Media and OneTrueView were boiler room scams. In all £65 million was stolen from investors who have lost everything. I did contact the FCA about this matter and in May this year, Mark Steward Executive Director, Enforcement and Market Oversight finally replied. He washed his hands of the matter which is good news for the chaps involved as they are at it again! Maybe they can take the total stealings to £100 million while the FCA sleeps.

PREMIUM CONTENT

Valereum Blockchain – what on earth has caused a regulator to spend almost a year vetting it as suitable?

Richard Poulden’s cash guzzling car crash of a company, Valereum Blockchain (VLRM) yesterday tried to reassure investors with a statement regarding its proposed purchase of the Gibraltar Stock Exchange. But the statement begs more questions than it answers. Valereum says

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Kefi Gold and Copper – emphasises “progress in Ethiopia”, more significant progress to follow: BUY

Kefi Gold & Copper (KEFI) has issued a “Significant Progress in Ethiopia”-titled announcement and the shares have currently responded up to 0.62p. They have not responded further higher (yet) since there are some short-term negatives in the announcement too, but overall there is still progress towards what we consider will be significant share price catalysts in the near-term.

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Bulletin Board Moron of the day contest – can you beat this idiot commenting on Deepverge?

I take an old fashioned view that an asset has value if it generates or will generate cash. In my view the assets of Deepverge (DVRG) do not fall into that category and thus have no value making the company worthless. Mr. Market may or may not disagree but where I stand is clear. Hence I have never owned the shares, never would and have always been 100% bearish. Simple eh? Not simple enough for one poster on the ADVFN asylum…

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Groundhog Day: More cash delays at Vast so is it a bailout placing within 10 days or game over?

Oh dear, oh dear. This looks awfully like 2021 all over again but can Vast Resources (VAST) manage to side step a rapidly advancing Fat Lady for a second year on the trot. In 2021 auditors refused to sign off accounts for the year to April 30 2021 as Vast was deemed insolvent. Only a massively discounted placing arranged at the last minute avoided a share suspension as accounts must be out by October 31. This year things look worse.

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ARB
ARB
PREMIUM CONTENT

Argo Blockchain – off another 7% at just 11.25p – how is that 27.6p fund raise and the Deepverge bailout going? Deafening silence!

This is clearly a disorderly market. If the investor flagged up by Argo Blockchain (ARB) who was thinking of investing £24 million at 27.6p is going ahead the shares are dirt cheap as a trading buy. If not then, ceteris paribus, Argo will have gone bust by Christmas. It is a binary bet and Mr Market is telling you that it looks more like the adverse outcome than the positive one. But we can all agree the market is somewhat disorderly. So what the feck are the Oxymorons at AIM Regulation playing at?

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IHG
IHG
PREMIUM CONTENT

IHG is still excited about the future hotel market…but it should not expect me to book a luxury global Regent or Crowne Plaza room in 2023!

Many of you have probably stayed in an InterContinental Hotels Group (IHG) hotel. I am sure a bunch of you are fans of the Regent or Crowne Plaza options, but I am a bit more of a Holiday Inn sort of guy. As for the company’s shares, I have not owned them for years but, when I look at their performance over the last year, they are 10% or so below the c. 5000p share price average. How exciting (not).

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Procook Trading Statement – things can only get worse

I explicitly warned you to dodge thie Procook (PROC) IPO at 145p less than a year ago. Today after a second quarter trading statement which saw frantic turd polishing the shares are just 35p. And, whatever the company says about Q2 trading, things are just not going to get better.

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Massive Vindication for Tom Winnifrith No 2 - Chill Brands forces to restate results by FRC after TW intervention, letter in full

When I started exposing the fraud at Zoetic, now Chill Brands (CHLL) the shares were 76p. They are now 2.4p and, FWIW, running out of cash again so a sell. The other side fought hard. Seth Freedman - who had harassed Harvey Weinstein's victims for Harvey - was engaged by a shareholder to threaten, menace and harass me and also two other writers here and a PR girl who is known to be a friend of mine. Shame on Freedman and those who defend him like Evil Knievil. I was not bullied into silence and so, after the massive Worthington vindication earlier, here is another one a, a letter from the Financial Reporting Council.I complained to it about Chill's accounts. Hey presto, the FRC took action and - as you can see below - forced Chill to restate.

WRN
WRN

Massive Vindication for Tom Winnifrith No1 – FCA takes Aiden Earley & the whole Worthington 5 to criminal court

Even the Mrs was laughing this morning as I reminded her of how investors in Quindell and a couple of other frauds I exposed lined up to crowd fund Aiden Earley as he tried (twice) to injunct me and force me to take articles down. We defied the threats  and those articles remain up to this day on this brave and courageous website and the trove of documents I dared to publish were all passed on to the FCA. The FCA has now charged Earley, his brother and 3 others, the Worthington 5, and they appeared in Court yesterday. As I scuttle off for a celebratory ouzo here is what the FCA states:

ARB
ARB
PREMIUM CONTENT

Letter to AIM Regulation: suspend Argo Blockchain until it clarifies its financial position

Mr. Market is telling you that there is something horribly wrong at Argo Blockchain (ARB) and that could well be a looming insolvency. A company that really was going to raise £24 million at 27.6p as Argo promised it would on October 7 would not see its shares languishing at 12p to sell. I have written to AIM Regulation as this is, one way or another, a false market.

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Newsboy
PREMIUM CONTENT

On a busy Thursday, ignoring politics to focus on loads of corporate updates – Bunzl, National Express & Dunelm

I am so happy that today is a Thursday during the quarterly global corporate earnings season, which means I am busy looking at a hundred (and one) companies and can ignore the latest political “excitements”. And to think some people voted for the current PM, in a choice of two, only six weeks or so ago! Back to the corporate world and three UK-listed names which have published a few new thoughts today.

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Deepverge – shares collapsing, has bailout placing failed? Statement needed

Oh dear, oh dear, shares in Deepverge (DVRG) run by Gerry “the journalist trolling arse” Brandon have collapsed again today and are now just 2.25p bid, 2.375p mid. And to think that – as I exposed HERE – the company started its current bailout fund raise with Turner Pope trying to raise £9 million at 5p. Ooops. The arse assured us that the response from a roadshow had been positive but the share price today (off another 17%) suggests either frantic forward selling or that the placing is flopping altogether.

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Ouzo for the Sheriff, time for Richard Horseface to sing the ShareProphets National Anthem – Toople goes bust

With serial failure Richard “horseface” Horsman as chairman since its 2016 IPO, Toople (TOOP) has always been a disaster and I have always been a bear. The CEO changed regularly but the pattern of cash guzzling underperformance was always the same. Oh, and it also lied to investors as I showed most recently, HERE. That is never a good sign. Today the Fat Lady has arrived bringing a bottle of ouzo for the Sheriff as she gets read to sing with the loser Horseface.

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CHF
CHF
PREMIUM CONTENT

Chesterfield Resources – Canada SPOOOOOOOOOOOOOOOOOOF sale: bailout placing for Christmas vicar?

Oh dear, oh dear. Some folks paid 2.6p for Chesterfield (CHF) first thing when news of the “sale” of its Canada assets was announced. But it’s a big fat Canadian spoof and the shares have retreated as even the morons picked up on this and are now 2p-2.3p. And when the deeply discounted bailout placing is served up for Christmas those buying at 2.6p. Ouch. I hope they lubed up. So this is why this is a spoof.

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UPDATED: Aquis Regulation forces Richard Poulden's disgraced Valereum to ‘fess about advisor resignation

On 14 October Richard Poulden’s Valereum Blockchain (VLRM) the cash guzzling POS ramped by David Lenigas announced that it had switched Aquis adviser from Peterhouse (credible) to First Sentinel (er…). Poulden presented this as a triumph tweeting, disingenuously,:

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JET
JET
PREMIUM CONTENT

Will I ever buy shares in Just Eat Takeaway.com? I'd rather order and eat my own toes!

I probably use the delivery services of Just Eat Takeaway.com (JET) about once a year, as a bit of a family treat. And, so far, it has done a pretty good job, but you certainly could not describe it as good value or as absolutely necessary. Meanwhile in share ownership land, I have never regarded the stock as even being of moderate interest. Whilst it is up about 1% today following the publication of its Q3 2022 trading update, a more relevant move is the c. 80% fall during the last year.

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BREAKING: Avacta lies as placing raises less than it tried for, takes out £55 million death spiral

When not working out how to bankrupt me with a cunning Greek plan, the morons insisted that there was no placing coming from Avacta (AVCT). Well here we go, time to apologise morons. Today Avacta has raised £7 million at 95p and hopes that an open offer will bring in another £2 million and says “The Company consulted with a number of its major shareholders prior to the Placing and is pleased by the support it has received from both existing and new shareholders.”. I can reveal that is a big fat lie. Two folks who were made insiders havie confirmed that Avacta wanted to raise £15 million but could not. So to say it is “pleased” is just a lie. It gets worse.

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AVO
AVO
PREMIUM CONTENT

Advanced Oncotherapy – Yet Another Fundraise As Odey Doubles Down Again

AIM-listed Advanced Oncotherapy (AVO) has announced yet another fundraise – this time for £6 million (before expenses) for the issue of another 24 million bits of confetti and associated warrants at 25p – the par price of the shares (below which it is not permitted to issue stock). The grateful recipient of the latest round of paper? Step forward clients of Odey Asset Management as Crispin Odey’s outfit doubles down yet again.

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BOO
BOO
PREMIUM CONTENT

BooHoo has the strength to ride out the current economic weakness and benefit longer term from its continued growth and investment - recovery buy

Earlier this year I took a look at online fashion retailer BooHoo (BOO) and noted that whilst I saw long term value from the share price at the time, it could well get even cheaper in the near term.

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More on Ibstock and why clay bricks should give you the horn

Whilst there are a bunch of issues to address regarding the markets, politics and sensible economic policy, I am going to think a bit more about stocks and shares today. And my interest again is centred on the “leading UK manufacturer of clay bricks and concrete products”, Ibstock (IBST).

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SOS
SOS
PREMIUM CONTENT

Sosandar: Sales Vanity, Profit Opinion But CASH Is Reality

AIM-listed online ladies fashionwear purveyor Sosandar (SOS) served up a half-year (to September) trading update this morning. The highlights were appealing: revenues up 72% year-on-year and a profit before tax of £0.1 million made good reading. But as Tom Winnifrith oft opines, sales is vanity and profit is a matter of opinion: what really matters is cash.

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HL
HL
PREMIUM CONTENT

Hargreaves Lansdown and its trading update ignoring an elephant in the room called Neil

Did you read Tom’s article yesterday titled “Lies, Damned Lies and The Mail's Jeff Prestridge on Neil Woodford as Hargreaves Lansdown faces a class action”? It was a really good read and raises a number of interesting questions. I don’t know about you, but class actions are generally worth a bit of a mention if you, conceptually, are giving a trading update a day or two later. And that brings us onto this morning’s trading update from Hargreaves Lansdown (HL.).

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EVE
EVE
PREMIUM CONTENT

Boom to bust in 5 years on AIM, Neil Woodford baby Eve Sleep – a few lessons as £52m goes to money heaven

Eve Sleep (EVE) floated on AIM in May 2017 just two years after it started trading. It brought in Paul Pindar which had listed Purplebricks (PURP) the disruptor – no sniggering at the back – of estate agencies to help disrupt the world of mattresses which also needed disrupting. And Neil Woodford, whose funds owned 18% after an IPO which raised £32.8 million, was not the only fund manager who was made to look like a fool. Here is Luke Hakes of Octopus writing just after the IPO:

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Amaroq Minerals – shares to recover following recent news flow and more ahead: BUY

Shares in Amaroq Minerals (AMRQ), formerly AEX Gold (AEXG), were above 40p in August before recently falling back to below 35p. They’re now back above 35p and we look for further recovery on upcoming news flow and sentiment improving.

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RNK
RNK
PREMIUM CONTENT

Me, my two visits to a casino and the Rank Group share price shocker

I appear pretty useless over the last few years when voting for the next Conservative Party leader (and Prime Minister).  After all a few years back, I voted for Jeremy Hunt (whatever happened to him?!) rather than Boris Johnson and - a couple of months ago - Rishi Sunak got my vote and not Liz Truss (where an even smaller number of members agreed with me).  My big issue with the latter started on day one of the campaigning when she loved up the performance and tactics of the Bank of Japan. Unbelievable…and no wonder the mini-budget of a few weeks ago was such a shocker.  More on politics and the economy and markets over the next few days…but today I want to talk (again) about Rank Group (RNK).

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BREAKING P45 for CEO Ossa the Tosser as price of rescue bailout of ADM Energy

I have lost track of how many times I have exposed the various wrongdoings of Osamede Okhomina, the CEO of ADM Energy (ADME)  but on the Cesspit that is AIM, in the end the Sheriff usually gets his man.  The shares languished at 0.52p at the Friday close, 99.84% off their all time highs but there is good news which ADM will now have to confirm on Monday. For I can reveal:

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BREAKING: Supply@Me Capital – has death spiral provider Venus Capital already dumped 4.7 billion shares?

Yesterday at 5.38 pm the fraud Supply@ME Capital (SYME) issued a TR1 RNS stating that Venus Capital SA now owned 13.95% of Supply amounting to 7,900,000 shares based on the 56,617,688,143 SYME shares currently in issue.  Cue major rejoicing by the morons on Twitter and the Bulletin Boards.  The various myths that the morons invented when the first Venus capital allocation of 2,770,000,00 shares on 27 April 2022 when Supply had 40,239,339,950 shares in issue which represented over a 6% stake to explain away the fact that no RNS was issue have been conveniently forgotten for the time being.

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Bear

Cash is Still King and Building Societies Are Now My Chosen Port in the Storm.

Hello Share Fliers. When you’re mostly in cash, the fall of the Footsie doesn't worry you. In fact, for cash holders, it’s a good thing as it means you can get far more shares for your money when the tide shows signs of returning.

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Valereum Blockchain – now adviser jumps from sinking ship

Over on twitter Richard Poulden and his fellow Australian hustler, the shameless penny share ramper David Lenigas, are claiming that Valereum Blockchain (VLRM) changing adviser is good news. Whatever….Back on planet earth.

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Now this is speculation – has Gerry “the arse” Brandon been “resigned” as Deepverge CEO?

In yesterday’ response to my devastating placing expose of the prior day which it termed “market speculation” the RNS contact point at Deepverge (DVRG) was, for the first time in living memory not CEO Gerry “the arse” Brandon but  the company’s chairman Ross Andrews. Now across the internet there is real speculation.

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NNN
NNN

nanosynth – shares now just 0.3p, bankrupt by Christmas statement re past deceit and cash crisis needed now

Oh dear, oh dear, oh dear. The twice repeated lie that nanosynth (NNN) was raising £2.94 million via a Lanstead death spiral is unravelling at a speed of knots and that means that bankruptcy by Christmas is on the cards – a statement is needed PDQ.

ARB
ARB
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Argo Blockchain – now just 14.75p: surely AIM Regulation must force a statement

On 7th October Argo Blockchain (ARB) announced a three part emergency refinancing package. Two parts will see it limp through to November without calling in the administrators. The third part was news that an investor was preparing to stump up £24 million at 26.7p. But today the shares have fallen, again, to just 14.75p. Surely the Oxymorons at AIM Regulation must force a statement to clarify:

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Despite the poor recent performance, Wizz Air still has the potential to turn things around and grow rapidly - recovery buy

The markets in general are pretty weak at the moment, but unless you’re planning just to sit in cash, there are still opportunities as long as you’re taking a longer term outlook and can weather any further drops we may see.

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This ADVFN thread has not aged well - the moron who says he has lost £700,000 on Deepverge

The thread consists of just three posts and was when Deepverge (DVRG) shares were 21p. A few months earlier they had crossed 40p. What was wrong?

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The volatile and excitable world of Barratt Developments (and other home builders)

It is always interesting times in the world’s financial markets, but sometimes it is more interesting than average. And as for sectors and stocks, Barratt Developments (BDEV) is one of the more fascinating names in the FTSE 100 at the moment given the obsession with the housing sector and the company’s over 50% share price fall year-to-date. And it is probably a good thing that I do not own the stock myself as it is down a further 5% this morning after publishing a trading update.

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GOTCHA: Deepverge admits my placing expose true but then tells blatant porkies (again)

Oh Dear, Oh dear, what is it with Deepverge (DVRG) boss Gerry “the arse” Brandon and misleading investors? It is like Warren Beatty and his sex addiction, the arse just cannot help himself.  He has admitted that my deeply discounted placing expose of yesterday is true and the shares have again collapsed. Oh dear. Oh dear.

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BREAKING EXPOSE: More howling prospectus errors signed off by the FCA – Supply@ME Capital and the £24m blunder

The FCA must approve any prospectus for the Standard List and it has approved that for the fraud Supply@ME Capital (SYME) so allowing it to issue more of its worthless shares. At a proper regulator heads would roll for these massive blunders.

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BREAKING SHOCKING EXPOSE: Deepverge on week long roadshow seeking £8 million at just 3p

The roadshow started yesterday says a reliable City source. Having raised £10 million last June at 30p c/o the scholars and gentlemen at Turner Pope and blown all of that plus a £4 million Riverfort loan already, Deepverge (DVRG) cannot make the first £500,000 loan repayment to Riverfort due on Sunday as I discussed earlier.

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AHT
AHT
PREMIUM CONTENT

Ashtead – stockmarket darling for many years, now a short

It has been a stockmarket darling for years but plant hire group Ashtead (AHT) is a short at a current 4230p share price, around £19 billion market cap, and here is why.

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ARB
ARB
PREMIUM CONTENT

Argo Blockchain – Dire monthly trading update & share price crash begs massive questions about rescue refinancing

Last Friday’s news of an emergency refinancing package at Argo Blockchain (ARB) made clear – as I explained HERE – how bad the cash crisis has become. Today’s September trading update makes it so clear that even Stevie Wonder can now see what is happening. The update is a car crash from start to finish but Argo uses its same cut and paste from better times and says that it is “pleased” to provide the update. Yeah: whatever.,..

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ARB
ARB
PREMIUM CONTENT

BREAKING: Argo Blockchain faces US class action claiming fraud by company and directors

It never rains but it pours. I shall turn to today’s disastrous trading update from Argo Blockchain (ARB) shortly. But first, news comes in from New York of a potential class action against Argo ands its board, prompted by an investigation as to whether Argo and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. Of course they have!

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Deepverge needs a statement as 16th looms and it can’t repay £500,000: Does bloody Sunday lie ahead?

On the 16th of this month Deepverge (DVRG) has to repay £500,000 in cash to alternative finance provider Riverfort. And then the same again on 16th November, December, January and February before a final loan repayment of £1.5 million in March. Guess what? Deepverge does not have any cash. It is running on vapours and so will only survive into 2023 by drawing down more Riverfort debt. Now how to solve this?

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TIR
TIR
PREMIUM CONTENT

Quarterly NPV: Wretched Colin Bird forced to sell Jubilee Metals shares, the family silver, just how fucked is Tiger Royalties?

Of course, despite boasting that Tiger Royalties (TIR) is publishing its NPV, Net Portfolio Value, the shameless chancer and career penny share hustler Colin Bird neglects to tell us what current liabilities were at 30th September so we can only guess at that. More on that later but what we do see is a portfolio falling in value and becoming ever more concentrated in illiquid shit where Bird is in control. Today’s RNS is toxic.

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IMB
IMB
PREMIUM CONTENT

Imperial Brands – full-year trading statement, further shareholder returns ahead

Imperial Brands (IMB) has announced year ended 30th September 2022 “trading in line with expectations with growth in aggregate market share for top-five priority markets” and that a strengthened balance sheet and achievement of target leverage are to enable the immediate start of an ongoing share buyback programme. The shares have responded positively, up to 1940p, so what’s the detail?

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DS Smith – a pleasing trading update

A new week and finally some good news from the United States for GSK plc (GSK) as the “FDA approves Boostrix for immunisation during pregnancy for the prevention of whooping cough in newborn infants”. It is not enough alone to start pushing the multinational pharmaceutical and biotechnology FTSE 100 name up, but it is a bit of good news for the company’s struggling CEO. As I have noted before, Dame Emma has a lot still to prove. Meanwhile, elsewhere in the FTSE 100, I am excited to see the over 8% rise in the shares today of DS Smith (SMDS).

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The rotten flaw at the heart of Aquis – directors can say whatever they want: true or false: Ref Richard Poulden & Valereum

Yesterday I flagged up the laughable interims from the Richard Poulden/David Lenigas/Zak Mir ramp Valereum (VLRM) in which the company claimed that a £6 million overdraft facility was a current asset.  I know that both Poulden and Mir were keen supporters of the bogus cult of Modern Monetary Theory so maybe that is where this all comes from:  rather than printing money, Poulden is printing assets.  I blamed Ms Heena Karani and advisors Peterhouse for allowing this novel, and wholly bogus, new development in accounting to be published. I was wrong and offer my apologies to Ms. Karani and to Peterhouse. Well sort of.

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Marshalls – profit warning, and a further difficult trading outlook from here?

Describing itself as “the UK's leading manufacturer of superior natural stone and innovative concrete hard landscaping products” Marshalls (MSLH) has issued a trading statement commencing that “Group revenue for the nine months ended 30 September 2022 was £544 million (2021: £453 million)” and also including “a particularly strong performance from the Bricks & Masonry business… Marley (pitched roofing)… grew in the third quarter… the group's balance sheet continues to be robust”. So what of a current circa 250p share price, down more than 17%?!

HZM
HZM
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The latest equity raise by Horizonte was disappointing but I still see plenty of long term value and it remains a buy: I have!

As a long term holder of Horizonte Minerals (HZM) I was disappointed to see the news that the company has needed to raise more capital via an equity issue, but I probably shouldn’t be too surprised.

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Richard Poulden and Dave Lenigas take a £6m accounting piss: this has to be a joke right?

I refer to Valereum Blockchain (VLRM) on the Aquis lobster pot and results for the six months to June 20 2022 published on deadline day, September 30th. I know that Big Dave insists that size is important but can these chancers be for real with what they have served up? Natch the company is loss making but somehow its asset based has ballooned. Great! Fabbo! What is not to like?

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ARB
ARB
PREMIUM CONTENT

Argo Blockchain ‘fesses to cash crisis – told y’all

Okay you did not need the brains of Lloyd George to work out that this was coming but the stench of panic in today’s package of emergency measures from Argo Blockchain (ARB) should un-nerve even Zak Mir as he is paid to ramp these worthless shares.

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BMV
BMV

Bluebird Merchant Ventures – shares up on Batangas licence extension, stance upgraded

Writing on Bluebird Merchant Ventures (BMV) last week we noted, with the shares at a 1.4p offer price, that upcoming “advancing/monetising” news from the Batangas project in the Philippines should help the shares as well as progress in South Korea. Now there has been a Batangas licence extension announcement and the shares currently up to a 1.6p offer price – and there should still be much to come.

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Tern – More Reasons To Sell As The Bubble Deflates: Tom’ Problem Is That He Is Just Too Nice! Lights out by Christmas!

I am still nursing an ouzo-inflicted headache following Wednesday’s bailout placing at just 7.5p by AIM-listed Tern plc (TERN). Tom Winnifrith has covered this here and here already, but there are still more reasons to sell.

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PREMIUM CONTENT

Haydale - Full Year Results Disaster

AIM-listed Haydale (HAYD), fresh from its bailout keep-the-lights-on placing and open offer at 2p in which it raised £5.5 million (gross) last month, has announced its full year results, to June 30, this morning. The numbers are truly grim.

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Boom
PREMIUM CONTENT

Yet another fake Gary Newman apppears on twitter, I am Gary, no I am Gary, we are all Gary!

As you can see below yet another fake Gary Newman has appeared on twitter. The photo is Gary. The name is Gary. And the @ is almost Gary, except there is one extra letter added.  So what is happening here?

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VRS
VRS
PREMIUM CONTENT

Slashing (already dire) Versarien forecasts ahead of Q4 share price meltdown

You can sometimes get some borrow in Versarien (VRS) and if you can you should even with the shares, which were once almost 200p, having slumped to below 15p. The next collapse will happen and happen fairly soon. It is a when not an if.

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Tern Primary Bid offer flops – do the maths on when next bailout needed: it’s grim

If you do the maths, the Primary Bid flop for Tern (TERN) announced this morning is really bad news. The amount raised by Primary Bid and in a subscription is just not enough. It is a sticking plaster on a wound bleeding cash when a full tourniquet was needed. And it means that the countdown to the next placing is already underway.

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BREAKING: Tern raising up to £2 million including Primary Bid Offer - DON'T DO IT!

Nigel Somerville has warned you often enough that sub scale investment in cash guzzling crap company Tern (TERN) was running on vapours. It did not have enough cash to fund its bloated PLC costs let alone to feed the gaggle of perennially loss making companies in which it has invested. So today's after hours RNS will not shock you.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Here is what I would have bought after some on the ground DD had my stockbroker not been on YET ANOTHER holiday

I reckon these stockbrokers must earn even more that those chancers my wife gets in to clean the windows and so I am a frustrated non buyer of a shares I have not owned before. Jaya and I did some due diligence at the coal face today and I explain why I may be buying if I can get hold of the great man tomorrow.  Then it is onto Wildcat Petroleum (WCAT) and the corruption of the deadwood press (the Sunday Times in this case) and finally a detailed look at Malcolm Stacey favourite Strix (KETL) where I have been a bear.  The shares are down 69% over the past 13 months and after today's news I see an easy 30-40% more downside from here. With an EV of c£400 millionand a £270 million market cap it should be shortable and should be shorted.

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Essentra – corporate excitement really kicking off, still a Buy

Essentra (ESNT) has issued “Sale of Filters and Packaging Completion of Sale” and “Appointment of New Chief Executive”-titled announcements and the shares have responded up by more than 15% to above 210p – Mr Market says it sounds like good news then.

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PCF
PCF
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The toxic legacy of David Bull – PCF Group stops lending today as it faces growing balance sheet crisis

Shares in PCF Group (PCF) closed 2020 at 30p. Less than three months later they were suspended at 24p as a black hole created by its then recently departed numbers man David Bull emerged. It has been downhill ever since and today’s latest dire update has seen them collapse by 33% to 1.5p. But a spread of 1p-2p suggests market makers know that there could be far worse to come. This is Bull’s fault. Who on earth would employ him now?

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If this is not an ex musicMagpie employee spilling the beans then he is a great imposter

musicMagpie (MMAG) the company one heartbeat from being in the hands of a fraud enabler has been a long term – and quite utterly brilliant – bear call by myself. I think I have made the ongoing bear case quite clearly after the most recent (lack of) profits warning. Now a chap claiming to be an ex employee has popped up on the LSE Asylum with a few posts. Now I know this is the No 1 asylum but the virgin poster seems to know what he is talking about. Maybe he/she/they is real?

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Tesco is a solid place to do your food shopping – and the same is now true of shares in the company

Back in June I observed about shares in Tesco (TSCO) that “I think there are better buys in the market today, but if you already hold Tesco shares, chill out and enjoy the weekend”. The share price back then was around 250p and today it is kicking around 205p. So, are shares in Britain’s largest supermarket now cheap or not?

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PHE
PHE
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Powerhouse Energy – what ails thee?

At just over a penny, shares in Powerhouse Energy (PHE) are down by more than 75% so far this year. At peak ramp on 31 December 2020 they were 9.8p. To all those folks nursing 90% losses thanks to the (undeclared) paid ramping of Zak Mir and the ludicrous claims made by the company including its disgraced ex chairman, the liar and former Tory Minister Tim Yeo, you know who to blame. And it is not me who did warn you, not that you wished to listen.

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Made.com – shares soar on hope but the grim truth about the black hole is grim indeed

I say soar. The shares are up 27% at 4.3p. To those dumb fund managers who ponied up £200 million (half from the company and have from investors bailing) at 200p in last year’s IPO that will be scant consolation. They are still almost 98% offside! The news is mixed.

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GRG
GRG
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Time to grab a Greggs vegan sausage roll (and its shares too?)

Back in early August I observed that a dump below a twenty quid share price would be quite interesting for anyone interested in buying shares in Greggs plc (GRG). And, with the fall in the company’s share price over the last two or three weeks, we now might be at an interesting moment.

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Venus has sold every singly Supply share it has been given - proof for the morons

There are still some morons out there who reckon that mysterious offshore death spiral provider Venus is an actual investor in the fraud Supply@ME Capital (SYME) shares. They are encouraged in this delusion by the company but the reality is that Venus uses ramptastic and fanciful RNS's from Supply to forward sell shares onto the morons and then converts loan notes into shares to cover. In other words it always has either a negative or zero position in the stock. You think it is just me saying that? Have a butchers at page 5 of the current prospectus which will allow Supply to issue even more billions of death spiral shares...

AIQ
AIQ

AIQ – Snouts In The Trough? No Way!

Following a ridiculous rise in the shares of sub-Standard-Listed AIQ (AIQ), I have been expecting the forces of gravity to reassert and pull them down from a peak of over 19p. Gravity duly obliged over the last week, dropping AIQ’s confetti to 15p at the weekend, but now they have dropped again to 13p after the company handed out a load of 1p warrants. Normally I would shout and scream about pigs in the trough if warrants were issued at 1p when the shares were trading at 15p, or 13p at which they closed. But this is different.

Peel Hunt – “Half Year Trading Update”, why no mention of the bottom-line I wonder?!

Mid and small cap broker Peel Hunt (PEEL) has issued a ‘trading update’ including “significant progress against our strategic priorities… when market activity levels normalise, we are well positioned for growth”. So what of a share price currently more than 5% lower to 83.5p?

MEX
MEX
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GOTCHA – Tortilla Mexican Grill – profits warning when’s the placing?

I warned and I warned that this Mexican style fast food rollout would go badly and today shares in Tortilla Mexican Grill (MEX) have duly puked by 30% to 101p. It was just 362 days ago that this company joined the AIM sewer at 181p having raised £5 million for the company and £12 million for founders cashing in some of their nachos. Good call.

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Interesting updates from Essentra and James Halstead

For me, any company with a market cap below £1 billion is a small cap and so a bit of small cap focus for me today, given updates from two corporate names I have mentioned before: Essentra (ESNT) and James Halstead (JHD).

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BZT
BZT
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A Letter to AIM Regulation & Roland “Fatty” Cornish: Colin Bird’s Bezant a statement & suspension needed

As I exposed here yesterday, Colin Bird’s Bezant Resources (BZT) is insolvent and has deceived investors with its interims on Friday. I have written to its Nomad, Roland “fatty” Cornish, treating him with the respect he deserves, suggesting that the shares be suspended and that a statement is needed ASAP. Since he is almost certainly missing in 7 course lunch action today or perhaps sleeping luncheon off as he prepares for supper, I have ccd in the Oxymorons at AIM Regulation.

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CDL
CDL
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EXPOSE: Cloudbreak Discovery – Another Round Of Death Spiral, But When Was The Call?

Death spirals have been a hot topic of conversation here on ShareProphets, the issue being whether they decimate share prices and are thus a major Red Flag.  Tom pointed out here that there is no causal link but with Cloudbreak Discovery (CDL) of the sub-Standard List, there seems to be another issue.

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