Tom Winnifrith Bearcast: Woodford and another £10m down the Proton Partners pan - a new valuation scandal
Published 112 days ago
In today's podcast there are repeated references to Cheryl Cole as I discuss Utilitywise (UTW), Sensyne Health (SENS), Neil "smug bastard" Woodford, Flybe (FLYB), Eqtec (EQT), Phontonstar Led (PSL), Active Energy (AEG) and Altona Resources (ANR)
Published 115 days ago
In today's podcast I look at Frontera (FRR) and the latest ramblings of the disgraced whore blogger Malcolm Graham Wood, at Neil Woodford disaster Midatech (MTPH), at AIQ (AIQ), Flybe (FLYB), Tertiary Minerals (TYM), Tower Resources (TRP), and at Altona (ANR)
Published 115 days ago
Thanks to the hapless clowns at Northland losing (oops I meant surrendering) their license there are still a stack of stocks which will see their shares suspended on February 1 and booted off the casino for good on March 4 if they cannot find a replacement. The ten at risk are:
Published 124 days ago
On today's podcast I look at UK Oil & Gas (UKOG) and the latest news seeping, rather than flowing, out of Horse Hill. I coment again on the blatant insider dealing at Altona (ANR), look at Restaurant Group (RTN) and at Upland Resources (UPL).
Published 124 days ago
I have reported the CEO of AIM Casino listed Altona Energy (ANR) to the FCA for insider dealing. Nicholas Lyth is as guilty as sin and there cannot be a more clear cutr case out there. If the FCA does not act then it is admitting that the rules do not matter any more if you are "part of the club". Let me explain.
Published 543 days ago
And there we have it. Today’s announcement of the placing at Altona Energy (ANR) to raise £735,000 at 0.5p completes a very successful, oft–repeated, operation at the lower end of AIM, namely the placing, followed by the industrial-sized ramp, followed by the placing – the “PRP”. It is worth looking at in closer detail.
Published 567 days ago
I start with Starcom (STAR) whose statement as it announces a placing is pure unadulterated bullshit. Do the crony capitalists who put this shite out take us all for morons? Then it is onto Altitude (ALT) whose shares are up by 19% today valuing the company at £32 million. Maybe I am thick ( don't comment on that!) but I just cannot get my head around that valuation and explain why. Finally onto Altona Energy (ANR) and related ramp Uru Metals (URU). This is the latest POS to get the full ramp treatment and I explain why its share price is absurd.
Published 574 days ago
Anyone who follows the lower end of AIM will have spotted the recent excitement and massive share price increase at Altona Energy (ANR) following a heavily discounted keep the lights on placing at 0.05p on 13 October. I couldn’t help but notice the name of John Zorbas cropping up and suspect that he has found something new and shiny to get excited about.
Published 602 days ago
I told folks that uber ramp Bushveld (BMN) had to raise cash but the morons knew better as they always do. Better still today's bailout is a death spiral as no proper institution will touch this over-promoted crap with a bargepole. Then it is on to Big Sofa (BST), Saffron (SRON), Altona Energy (ANR) which needs a placing ASAP or it is toast, ITM Power ITM) - crazy valuation + placing ahoy, Albert Technologies (ALB) which looks all wrong to me and finally to Imagination Technologies (IMG) where calls to block a foreign bid are wrong at every level. The gay penguin reference is HERE.
Published 891 days ago
In this regular bearcast I look at why this is not a one man site. I also explain reasons why I am getting more and more bearish about shares generally. There is brief comment on Altona (ANR) and International Personal Finance (IPF) and then a very detailed look at the Fairpoint (FRP) car crash and the wider lessons for us all.
Published 1218 days ago
I warn you that this podcast contains bad language from the start as I discuss how - as a customer - I hate BT (BT.A) with a passion. I then move onto China Norfolk Taihua (TAIH), a brief Jabba the Hutt section on Solo Oil (SOLO) and LGO Energy (LGO) and a look at SeaEnergy (SEA). Oil disasters dominate the fallers and in that vein I cover Petroceltic (PCI), MX Oil (MXO), Iofina (IOF), Magnolia Petroleum (MAGP), Bahamas Petroleum (BPC) and Range Resources (RRL). I also have a butchers at the fun and games at Altona (ANR).
Published 1220 days ago
Featuring shares in AFC Energy (AFC), Altona Energy (ANR), Management Resource Solutions (MRS), Proxama (PROX) and Syqic (SYQ) setting share price targets for all five stocks.
Published 1227 days ago
If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares in Altona Energy (ANR), Orogen Gold (ORE) and React Energy (REAC) setting share price targets for all three stocks.
Published 1231 days ago
Volatile AIM performer Altona Energy (ANR) stands to receive £500,000 any day now as a first payment from Chinese partner Sino-Aust Energy Group as part of an A$33 million (£16 million) funding package agreed late last year for the company's Arckaringa coal-to-methanol, and ethanol underground coal gasification (UCG) project in South Australia. is that a trigger to view the shares as a speculative buy?
Published 1285 days ago
Shares in Australian coal play Altona Energy (ANR) have bounced almost 50% to 0.43p since we highlighted director Nicki Lyth’s recent flight to China to save the company’s 7.8 billion -tonne Arckaringa coal project in South Australia. Now sporting an AIM value of £2.8 million, the company, whose shares traded above 8p five years ago, awaits the first tranche of A$6 million (£2.75 million) due in early December as part of the A$33 million which its Chinese joint venture partners, Sino-Aus Energy Group and Wintask Group, have been persuaded to put into Arckaringa.
Published 1287 days ago
Featuring shares in Arcontech (ARC), Alecto Minerals (ALO), Altona Energy (ANR), Cap-XX (CPX), Patagonia Gold (PGD), Quindell (QPP), together with some share price targets.
Published 1375 days ago
If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares in Altona Energy (ANR), 88 Energy (88E), Plethora Solutions (PLE) setting share price targets for all three.