Results

Lessons from Plus500 & Time to sell more Purplebricks

Published 5 days ago

The shocker from Plus500 (PLUS) provides useful lessons for bulls and bears. Little more than a year ago I suggested selling the shares at £11...

Optibiotix – Indian Slimbiome regulatory all-clear another piece in the jigsaw

Published 6 days ago

It is another piece in the jigsaw and it could turn out to be quite a large one. Optibiotix (OPTI) has announced that it has received a licence from the Food Standards and Safety Authority India (FSSAI) for its weight management product, SlimBiome to be manufactured in India. The approval was gained by Optibiotix's manufacturing partner, Zeon Life Sciences, for both SlimBiome and SlimBiome-containing products...

Tesla and its Need for Cash

Published 8 days ago

The horrendous Q1 delivery numbers from Tesla (NASDAQ - TSLA) should have finally buried the growth story for all but the die hard believers and the focus now should move on to when it has to raise capital or file for bankruptcy

Petropavlovsk – receives bridge loans repayment, still more to come

Published 22 days ago

Petropavlovsk (POG) has announced “it has received the Rouble equivalent of approximately US$57 million as full repayment of the two bridge loans advanced by Petropavlovsk to IRC during 2018”

Altyn – funding progress, more on the horizon?

Published 26 days ago

Altyn (ALTN) “is pleased to announce that it has now reached an agreement with Kazakh bank, JSC Bank CenterCredit, and as a first step has entered into an unsecured loan agreement for a sum of KZT 350m (approximately USD 950,000)”

Optibiotix – on a Swiss roll now, remains a strong buy

Published 30 days ago

Another day, another deal. Is this No. 30 or 31, I rather lose count. But if you watched the interview with Steve O’Hara the other day, HERE, you will know that the majority of those already signed are now generating revenues and the curve in nearly all of those is sharply upwards. Optibiotix (OPTI) is profitable and hugely operationally geared...

Petropavlovsk – IRC refinances, cash inflow ahoy!

Published 31 days ago

Following General Meeting approval last week, Petropavlovsk (POG) “is pleased to announce that the refinancing of the outstanding Industrial and Commercial Bank of China Ltd loan has been completed following an initial drawdown on a new US$240 million facility with JSC Gazprombank by the Kimkano-Sutarsky Mining and Beneficiation Plant LLC, a wholly owned subsidiary of IRC Limited”

Anglo Asian Mining – dividend guidance & Gadir resource estimate, still at least a hold

Published 40 days ago

Anglo Asian Mining (AAZ) “is pleased to announce… the company will declare a minimum final dividend for the year ended 31 December 2018 of US$3 cents per share and a minimum total dividend for the year ending 31 December 2019 of US$6 cents per share” and that it “now publishes Mineral Resources and an Ore Reserve Estimate for its Gadir Underground mine”

Fox Marble – production resumption with additional equipment and a new customer. All positive…

Published 45 days ago

Fox Marble (FOX) “is pleased to announce the resumption of production after the usual winter shut down in our Prilep quarry in Northern Macedonia” – and with the deployment of additional equipment and a new customer…

Synectics – results subdued… but confident of good progress from here

Published 46 days ago

Surveillance technology and networked security systems company Synectics (SNX) has announced results for its year ended 30th November 2018 and that “the pipeline of identified new business that the group expects to win and deliver in 2019 is strong, and we expect to benefit from growing momentum in certain market sectors”

A Turbulent Week at Tesla - sell before it’s too late

Published 47 days ago

I speculated previously about what might be the catalyst for the great Tesla (NASDAQ - TSLA) unravel and since then I believe we may have seen it...

Tesla - patience will be rewarded in 2019

Published 54 days ago

The resilience of the Tesla (NASDAQ - TSLA) share price in the weeks since its Q4 earnings release is nothing short of astonishing...

Petropavlovsk – delay in bridge loan repayment to it… but looks minor

Published 54 days ago

A 19th December update from Petropavlovsk (POG) included “the bridge loan will be repaid to Petropavlovsk upon full completion of the new facility which is expected to be in late February 2019”. There’s now an Update on Temporary Bridge Loan to IRC” announcement…

Optibiotix - trading statement & company chat, this really is great news

Published 65 days ago

Both bulls and bears appear to be taking something from the latest trading statement from Optibiotix (OPTI) – the bears are wrong and what we learned is great news for we shareholders. I have chatted to Steve O’Hara at length and, as a result, I more bullish than I have been in a good while...

Thoughts on The US Market Juggernaut

Published 67 days ago

The year to date has not provided a very promising backdrop for bears. I - like many others - am intensely irritated by Donald Trump’s obsession with the level of the US market and his clearly seeing it as a barometer for his own genius. When he claimed late last year that the fourth quarter sell off was a blip and a buying opportunity I waited with grim satisfaction for the rude awakening that was sure to follow...

IQE – sell the rally

Published 82 days ago

It is not, in my view, a great time to be shorting UK names which are sensitive to the underlying market direction as I believe that the UK market, currently suffering from peak uncertainty from Brexit, could see a major re-rating in the event of any solution bar a general election, particularly if there is some sort of fudge of May’s deal which is, I think, the most likely outcome (I am long FTSE 250 not 100 futures to avoid currency considerations). This is not to say that I have downed tools completely on the short side in the UK...

Rotala – 2019 “begun in line” after 2018 “performed well”, remains a buy

Published 85 days ago

Rotala (ROL) has updated including “the group performed well in 2018” and “trading for the current year has begun in line with budget”

Petropavlovsk – production update, boosted by successful commissioning of cornerstone project

Published 86 days ago

Petropavlovsk (POG) has updated including “total gold production for 2018 was 422.3Koz… the group is targeting FY 2019 gold production of 450 - 500Koz”, with it “very proud to report the successful commissioning of our cornerstone project, the Pokrovskiy Pressure Oxidation plant”

Fox Marble – sales agreement with expected value “in excess of €1 million over the next twelve months”, remains a buy

Published 89 days ago

“New Material and Orders” announcement from Fox Marble (FOX), emphasising Commercial extraction commenced of Alexandrian Blue marble from Prilep Quarry. 441 tonne order of Alexandrian Blue completed and paid in December 2018. Sales agreement entered into with an indicative value in excess of €1 million”...

Anglo Asian Mining – positive 2018 update, production “at upper range of guidance”...

Published 93 days ago

“Q4 and FY 2018 Production and Operations Review” from Anglo Asian Mining (AAZ), emphasising “full year production at upper range of guidance and net cash of $6.1 million at 31 December 2018”

Shoe Zone – full-year results, a value proposition looking suited to the challenging consumer environment

Published 97 days ago

Shoe Zone (SHOE) has announced results for its year ended 29th September 2018 and that it is “positive about the outlook for the remainder of the year”, currently “trading ahead of previous market expectations”

Optibiotix – another day another deal: many more to come (soon!)

Published 99 days ago

The latest deal from Optibiotix (OPTI) is a three year distribution agreement with a company called SilvEXPO Ltd to distribute and commercialise OptiBiotix's own label CholBiome products containing its cholesterol and blood pressure reducing LPLDL strain in Russia and Kazakhstan...

Optibiotix – Indian manufacturing deal very good news, more to come

Published 103 days ago

OptiBiotix Health (OPTI) has announced that it has entered into an exclusive manufacturing and supply agreement with Zeon Lifesciences. The agreement grants Zeon an exclusive license to manufacture and supply OptiBiotix's SlimBiome weight management technology in India, in return for 50% of the profit...

Telit Communications – still a sell

Published 104 days ago

With the share price of loss-making ‘Internet of Things’ play Telit Communications (TCM) flirting with a multi-year low, it is understandable that some may be tempted to go bottom fishing. As I see it, the bull case is as follows:

Optibiotix – board strengthened, Buy at up to 90p

Published 123 days ago

The evolution and growth of Optibiotix (OPTI) continues with a change of personnel which we should welcome...

Lessons from AA plc

Published 128 days ago

It never ceases to amaze me what Private Equity firms get away with. We are warned constantly that buying from them often ends in tears but, like moths to a light, the investment community cannot resist handing over other people’s money to them at crazy prices. It looks like Uber and Airbnb are lumbering onto the runway. In 2004 private equity firms, CVC Capital, Permira and Charterhouse bought the AA (AA.) from Centrica for £1.75 billion. Ten years later they borrowed vast amounts of money and paid themselves £2.5 billion in “dividends”…

Thoughts on Thomas Cook: stay away. Short Flybe instead

Published 132 days ago

Several people have asked me about Thomas Cook (TCG) recently where there is certainly an element of déjà vu from seven years ago. I was short then on the basis that the company was insolvent and was waiting patiently for the shares to go from 10p to zero...

Optibiotix - not blockbuster news, but good…patience my friends

Published 137 days ago

Optibiotix (OPTI) boss Steve O’Hara has dusted down his Adam Reynolds keyboard for another RNS which the market seems, unwisely to ignore. But we, the faithful shareholders, will be rewarded for our patience with something far more stirring and we shouldn’t be waiting very long at all...

Petropavlovsk - POX Hub & IRC refinancing progress; buy

Published 142 days ago

An update from Petropavlovsk (POG) as it progresses POX Hub commissioning and IRC Limited progresses refinancing…

Optibiotix - the second most important announcement in its history: Buy!

Published 144 days ago

“This is the second most important announcement we’ve made since we listed.” So said Optibiotix (OPTI) boss Steve O’Hara as we chatted this morning. The news is massive. Having worked on gaining medical device status and a CE Mark for the weight loss product Slimbiome for two and a half years, permission has finally been granted...

Norcros – interims, “remains confident” BUT…

Published 146 days ago

Bathroom and kitchen products company Norcros (NXR) has announced results for its half-year ended 30th September 2018 and that it “remains confident…to make further progress in line with its expectations for the year to 31 March 2019”

Optibiotix – Greek deal, news via Adam Reynolds keyboard but better to come – BUY

Published 149 days ago

Shares in Optibiotix (OPTI) have not been immune to the general market sell off and trade at 64p-66p despite some more positive news. The frustration is that it has been announced with a release typed on the Adam Reynolds keyboard, the one with no numbers on it. But fear not bigger deals with real numbers will follow shortly...

Updated thoughts on Tesla - stay short

Published 150 days ago

The recent market turmoil has seen some decent gains for those who have been predominantly bearish for a while in the face of an unprecedented bull market. Buying the dips, a wildly successful strategy for the last ten years, suddenly doesn’t feel so clever. My own view as to whether this time might be different was to look at the world’s favourite stock Apple (NASDAQ - AAPL) and see if it would lose its trillion-dollar market cap and then some. That to me would be a signal that the selloff has legs. That has now happened, and I believe that the long overdue reality check has started and is by no means over.

Victoria - update on bond fiasco, remains a sell

Published 159 days ago

It will be interesting to see how Geoff Wilding, Executive Chairman at Victoria plc (VCP), responds to what is his first real hiccup since he took the helm five years ago, growing the company exponentially with a string of acquisitions that have been welcomed by the market and seen himself and his shareholders richly rewarded...

Berkeley Energia – a more positive permitting update

Published 172 days ago

Berkeley Energia (BKY) has updated that it “has been advised by the Nuclear Safety Council that it was not the source of the widely circulated media reports that the government was intending to deny the permits for the Salamanca mine” and “is continuing to work with the Nuclear Safety Council in progressing the necessary approvals for the Salamanca mine”

BP - a buy for income

Published 179 days ago

Shares in BP (BP.) approached 600p as summer dawned and again earlier this month. They’ve been hit in the recent sell-off though, despite - already offering a hefty dividend - the second quarter results having emphasised “momentum and the strength of our financial frame… we are increasing our dividend for the first time in almost four years. This reflects not just our commitment to growing distributions to shareholders but our confidence in the future”

Versarien - panic as market cap falls to 'only' £200 million

Published 180 days ago

When a share price suffers a setback, often it is the evil cabal of short sellers who are blamed by retail investors. In the case of Versarien (VRS), even CEO Neill Ricketts is at it.

Anglo Asian Mining - a golden buy?

Published 180 days ago

Shares in Anglo Asian Mining (AAZ) had recently risen materially, to approaching 75p. They then though slipped back – but recent news looked to have justified the earlier move and more and with gold now starting to motor thanks to stockmarket and bond market jitters...

Shoe Zone – shares jump on ‘ahead of expectations’ update, but still an income buy

Published 185 days ago

Shoe Zone (SHOE) “now expects to report a full year profit before tax for the year ahead of market expectations and in excess of £11.0m”

ShareProphets

About ShareProphetsTerms of ServiceForgot My Password
Contact UsPrivacy PolicyForgot My Username
Advertise With UsCookie PolicyResend Account Validation Token
Send Us A Tip

Data by ADVFN / Site by Everywhen /