New Bulletin Board Moron of the Week contest - sponsored by the AIM casino, the world's most successful growth market
Bushveld - here's why your 27% stake in Vametco won't generate a cent of cash for the PLC this year and next - placing ahoy
Winner of the Bulletin Board Moron of the Week contest - sponsored by some scooter courier shop in Vietnam, #1 distributer for Telit
Published 11 days ago
Who remembers the infamous zero pence share price target established by one 'teenage scribbler' broker on Glencore (GLEN) the thick end of a couple of years ago? Funnily enough, via a decent commodity marketing/trading business, a cute money raising and some decent tier 1 mining assets, Glencore shares did not trouble the scorers below even 50p and over the last 20 months have recovered back to levels seen four or five years back. Today's first half numbers continue that renaissance.
Published 170 days ago
With Cheltenham Festival around the corner, I thought I’d throw caution to the wind this weekend, cast my cynical nature to one side, and come up with a couple of cheeky punts that I think may pay off. What could be more fitting for my first than the gambling business, Webis Holdings (WEB).
Published 268 days ago
Uh-oh. A Friday, 3:39pm “Business Update & Strategy/Board Changes” announcement. I’ll give you whatever odds you want on this being good news from mobile messaging, marketing and payments company Zamano (ZMNO)… It ain’t…
Published 791 days ago
Privately owned Italian chocolate group Ferrero has today snapped up UK chocolatier Thorntons for £111.9 million in cash -is this a sign of good taste?
Published 975 days ago
In this bearcast I start with the issue of the abject failure of regulation and my support for Class Actions - let market forces deal with the fraudsters where the State has failed. Then onto oil and why M&A action will not save the juniors on the AIM casino. Finally to what happens as a PLC goes into death throes, Quindell, its share price. the motivation of whistleblowers and more.
Published 1077 days ago
Provider of trading and risk management software to the global commodity and energy markets, Brady plc (BRY) has announced results for the first half of the 2014 calendar year. It said that “the enthusiastic activity being demonstrated across all parts of the group, delivering both growth and healthy margins, gives me every confidence that we are on track to perform in line with full year expectations”. What does this suggest for the current valuation?
Published 1121 days ago
To newcomers, Salamander Energy (SMDR) is a complex beast with a medium sized market cap with assets in the Far East. Look under the bonnet and you will find over 100% upside for the shares from the near term drilling of the NK2 50% cos well, growing production, vastly reduced debts and an 11p dividend thrown in. And it seems like a prime takeover target. Buy at 113p – target 250p.
Published 1149 days ago
Tom Winnifrith had a great meeting with the AIM listed CEO he admires the most last week and discussed a range of issues relation to acquisitions. Yes, a bit of this relates to Quindell (QPP) but it is a more general discussion.
Published 1199 days ago
Well done Quindell (QPP). It has finally offered a comment on the suggestion from a source of mine that it was considering a bond issue in 2014. To those poltroons who suggested that Quindell would not bother speaking to me, only “proper” journalists