The December 2017 edition of the UK Investor Magazine is now live: What will Father Christmas be putting in the stockings of the writers of ShareProphets, nine share tips , plus sexism at the BBC
Escher Group – ‘confirms the potential of its technology in the digitisation of branch-banking processes’… or does it?
Coral Products – from “pleased to announce” on trading in October to a now “materially below” profit warning
Published 56 days ago
Previously writing on recruitment group Empresaria (EMR) in the summer, I concluded it one of the more attractive plays in the sector but prevailing uncertainties meant wariness of the industry. A trading update today is headlined “reduced performance in Germany and the Middle East”. Uh oh…
Published 179 days ago
Over the past few weeks we have published a string of letters sent by a significant shareholder in AIM listed Norfolk Mercantile Ports & Logistics (MPL) to its Nomad Cenkos so that when Mercantile runs out of other people's money as it surely will, the shamed former adviser on the Quindell (QPP) fraud cannot say that "it did not know." Its role is on the record as you can see in our full coverage HERE. Now that same shareholder has written to Daniel Slater, the analyst at co broker Arden Partners responsible for - arguably - the worst research note of 2017.
Published 184 days ago
The house broker on AIM earns its money not from investors but from corporates. It banks £2-4,000 a month as a retainer and then makes 5% commission on any funds it raises. Lovely jubbly, coke and hookers all round. Of course that makes its research less than impartial. Prostitutes do not tell their clients that they have a small dick and so you would not expect Arden Partners to conclude that shares in Mercantile Ports & Logistics (MPL) are worthless crap, which they are. Welcome to a strong contender for the worst research note of the year to date.
Published 269 days ago
I understand that just as I was publishing yesterday's bombshell on Mercantile Ports & Logistics (MPL) the company was having a phone conference call with the mugs who are invested in an attempt to drum up more support with promises of jam tomorrow. Sorry to rain on your parade chaps. Yesterday's expose should make any sane person run for the hills, but here are a few other matters to consider.
Published 545 days ago
Having warned on profit in February – as reviewed HERE, today there is an AGM update and a “Directorate Change” announcement from industrial chains and related power transmission products company Renold (RNO). Let’s take a look…
Published 706 days ago
A “Trading Update” from manufacturer of industrial chains and related power transmission products used in a variety of industries including manufacturing, transportation, energy, steel and mining, Renold plc (RNO) sees the shares currently down more than 25% to 32p. Another case of “Trading Update” = Profit Warning then…
Published 769 days ago
We've covered AIM-listed Greka Drilling (GDL) before for spinning news (see HERE) and today we have a masterpiece in the dark arts of PR. Whilst what is stated in today's RNS is not untrue, it hardly tells the whole story.
Published 1049 days ago
On 20th November Quindell (QPP) denied that it was actively seeking to sell its 24% stake in Nationwide Accident Repair (NARS). Market sources tell me that Arden Partners has today placed out the stock.
Published 1057 days ago
Audioboom Group (BOOM) – which describes itself as “the leading spoken-word audio on-demand mobile platform” - has announced results for an 11 month period ended 30th November 2014. Does “a period of continued growth in its active userbase and content partners” suggest long-term investment promise or is this another over-hyped social media play?
Published 1220 days ago
This is the second time we have made this or tip of the week. First time around was at 15.75p but the sods round at Arden then organised a placing which rather kyboshed sentiment, However…
Published 1264 days ago
Another day and yet another profits warning from AIM listed specialist engineering group Redhall (RHL). This is a zombie company in that from an investor’s point of view it is just dead money. But it supports an army of crony capitalists, directors and various City parasites.
Published 1288 days ago
Mirada (MIRA) has announced 28 million new shares have been conditionally placed at 12.5p each to raise a gross £3.5 million (net £3.3 million). We are angry about certain matters but the shares are cheap.