Republished: Tom Winnifrith Bearcast: Guess which stockmarket system flagged Quindell as one of the 11 cheapest value plays on AIM
PROACTIS – H1 results to end Jan include “a higher loss rate” to impact H2… but in Feb was “extremely excited about the next six months and beyond”!
Darren Cotton the sort of total fucktard the FCA employs and its indifference to the Beaufort Scandal
Safestyle UK – ANOTHER profit warning & is it thus really “a cautious approach” to expect to be heavily H2 weighted?
Published 48 days ago
Andalas Energy (ADL) should be issuing a statement about its own solvency and other matters flagged up HERE. This company, as it stands, is insolvent. But this is AIM so instead....
Published 48 days ago
In today's bearcast I start with a reader complaint but then he is a tosser so who cares? Then it is onto looking at the differences between the funding facilities at UK Oil & Gas (UKOG) and MySquar (MYSQ). I am bearish on both but the differences in the two packages are instructive. I look at Nature Group (NGR), Jim Mellon's uber-ramp FastForward (FFWD) and at Purplebricks (PURP) is the Neil Woodford bubble about to burst again, as even former supporters like Paul Scott admit my analysis was right and theirs wrong.
Published 68 days ago
Two days ago Mosman Oil & Gas (MSMN) , share price at peak ramp 44p, put out its latest meaningless RNS. But it was the pump and I am afraid to say that the City's No 1 oil analyst Zac Phillips and his colleagues at SP Angel played their part....
Published 76 days ago
Remember the fraud Cloudtag (CTAG), booted off AIM after its Nomad quit after it told just one too many total lies? Perhaps this is a spoof but it seems that fitness bands are not the place to be, Cloudtag is getting into blockchain. Natch!
Published 87 days ago
Hapless Neil Woodford has poured out his heart to the poodle press, Citywire, bleating about how wicked bears Kerrisdale have been beastly about one of the largest - and most obviously overvalued - of the pack of dog investments in his Woodford Patient Capital Trust (WPCT). The bears have bitten back!
Published 88 days ago
The morally bankrupt and intellectually challenged PR fucktards at Yellow Jersey, who fund their miserable existences by helping shite companies such as Frontera Resources (FRR) ramp their worthless shares, organised an investor presentation last night for the faithful. By all accounts the wine flowed freely with the morons who attended not realising who was paying for it... it was them. Waseem Shakoor who is - rightly - short, as an £81 million market cap is absurd, notes:
Published 91 days ago
Folks can ignore the warnings of myself, Nigel Somerville and Waseem Shakoor about the overvalued ramp stock Frontera (FRR) if they wish. But the City's No 1 oil analyst Zac "The Knife" Phillips has just published a very specific and damning note. No doubt "fat bastard" Malcolm Graham Wood will ignore this real analysis as he continues ramping the shares with misleading statements in return for generous cash payments to buy yet more pies. But it might pay the Bulletin Board Morons to listen to someone who is not on the payroll and does know what he is talking about. Over to The Knife...
Published 92 days ago
I am sure that having bought the duff Italian assets of Sound Energy (SOU), Saffron Energy (SRON) shares will be aggressively promoted when they return from suspension. All the usual suspects in team ramp are already making initial noises. But should we really get excited? The City's No 1 oil analyst, Zac "The Knife" Phillips of SP Angel thinks not and opines today:
Published 134 days ago
Yes I have spent much of the morning in conversation with folks in the City of my birth. I do have an Oxford degree - does Larry Cummins of Milestone (MSG)? The questions mount, the shares are tumbling - I explain whay happens next. I look at the latest bullshit from holocaust denying fraudsters MySquar (MYSQ), comment on the pointless ramp of boiler room dog Inspirit(INSP) on UK Oil & Gas (UKOG) and on Anglo African Oil (AAOG) and finally have a few words on a stock we own, Sosandar (SOS).
Published 146 days ago
I start with a few comments on the thoughts of top broker Andrew Monk who is normally bang on the money but on a couple of recent points wrong. Then it is onto Conroy Gold & Natural Resources (CGNR), Karelian Diamonds (KDR), Fishing Republic (DOG), Bushveld Minerals (RAMP) and ITM Power (ITM).
Published 152 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 159 days ago
Ramptastic - if not entirely transparent RNS releases, Bulletin Board and twitter ramping by all the usual suspects with ludicrous price targets, no cash. What on earth did you expect was going to happen next at perennial uber dog Mayan Energy (MYN)? As those who were paying up to 0.9p at peak ramp just a few days ago contemplate how they were used to get away a £2 million placing at 0.6p they should have very serious questions for London's worst Nomad Roland Fatty Cornish who has signed off in recent ramptastic releases. Enter the fray Zac "The Knife" Phillips of SP Angel, the City's top oil analyst who has 14 questions that a Nomad with a shred of integrity and competence would have asked before allowing the releases. Over to The Knife who writes:
Published 167 days ago
Two are mega ramps and their valuations are insane and Waseem Shakoor is (rightly) short. The other one is one he owns. Which do you think is the value play? Here's what Waseem tweets:
Published 172 days ago
The bear raider and professional northern git has been tweeting frantically with what he believes is photo evidence that key kit has been removed from Broadford Bridge meaning that UK Oil & Gas (UKOG) cannot be flow testing the well. That would seem odd as UK Oil needs good flow data to ramp the shares ahead of the bailout placing it so urgently needs now that all its cash has been spent. Curiouser and curiouser.
Published 176 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 176 days ago
Shares in uber-ramped Echo Energy (ECHO) were suspended today after a sharp share price move on Friday forced an admission from the company. Hmmmm, heavy share dealing just before a big announcement. But this is AIM, the world's most successful growth market so that is just a total coincidence just like it always is on the casino. Move along gents..nothing to see.
Published 185 days ago
If it sounds too good to be true, it is too good to be true. That brings me to the Cascade (nothing to do with Bill Gates) ramp and Servision (SEV) and a detailed look at why it is utterly worthless. I look at the bogus French bid stories at UK Oil & Gas and how the Froggies are actually dumping the shares ahead of a bailout placing and because they are monstrously overvalued. Its also placing ahoy at Magnolia (MAGP) and Andalas (ADL) which is so shite it makes UKOG look like BP. I look at Blenheim (BNR), the boardroom departures and why its shares are 50% overvalued. Finally I try to work out how soon Condor Gold (CNR) will have yet another placing and why I would not back it at any price.
Published 190 days ago
I was excited to see how Nuformix (NFX), the renamed company previously known as Levrett, would perform on debut yesterday as the LSE’s bulletin board in-house expert was predicting great things. Alas, it was all a bit of a damp squib but let’s hope at least that he managed to take a bit off the table during his ramp though.
Published 190 days ago
The shares are tanking said the PR man to lyin' Steve Sanderson, CEO of UK Oil & Gas (UKOG). How will we get the bailout placing away? I know said Lyin' Steve, let's put out a ramptastic operational update. And so lo and behold Lyin's Steve issued the release and the Bulletin Board Morons fell for it (again) and the shares zoomed from 4.05p to 5.35p-5.4p. It is placing ahoy.
Published 190 days ago
There is another update on the potential claim against Nomad Cantor Fitzgerald for its negligence in allowing the fraud African Potash (AFPO) to post utterly untrue statements to ramp its shares ahead of a rescue placing. Peter Petyt who is co-ordinating a claim for more than 100 aggrieved shareholders writes:
Published 195 days ago
The reason for the deafening silence emanating from uber-dog MySQUAR (MYSQ) became all too clear this morning as it issued a shocking trading announcement which makes clear that revenue has fallen off a cliff. Surely something should have been mentioned at the time of the placing in late-July?
Published 198 days ago
I’ve been on holiday for a week in Italy (funnily enough) and am just catching up on a few interesting pieces of news and thought I would comment on the Saffron Energy (SRON) deal with Sound Energy (SOU) that was announced last week. Makes a lot of sense in many ways but I am disappointed by the scale of the James Parsons-led ramp that has started already supported in all the usual places.
Published 203 days ago
We have warned you often enough that the valuation of Sound Energy (SOU) is que absurd even though the shares, at 55p, are well off 99p year highs. Still anyone not using today's "news" from Morocco as an opportunity to sell is nutso. Here is how a leading broker called it:
Published 211 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 224 days ago
Boom boom! I suspect that once again the Mrs will regard that that title as rather crude as she did with this offering the other day. I discuss that topic which is close to the heart my old friend Jim Mellon. Then I look at MySquar (MYSQ), a disaster waiting to happen and its link to disgraced Bell Pottinger. Then it is onto Avanti (AVN) before I issue another warning about 88 Energy (88E) not that the morons trying to ramp it will listen. Finally I look at strange share price action and hard maths for Zibao Metals (ZBO)
Published 229 days ago
Remember Horse Hill? That was the original breakthrough site for UK Oil & Gas (UKOG). It was the Gatwick Gusher. It was the site that lyin' Steve Sanderson claimed contained a billion barrels of oil. Then he said he never claimed that. Then a video emerged of him saying that. So is that one big lie or two? Anyhow as UK Oil & Gas tries to ramp its shares ahead of a placing we have more ramptastic news from the Hill.
Published 236 days ago
Telit (TCM) shares zoomed by 30% yesterday back to 160p, almost the level before it emerged here that its founder and CEO Oozi Cats was in fact Uzi Katz, the Boston real estate fraudster and fugitive from US justice. The latest ramp is news that it might generate some sales from AT&T. Whoopie do.
Published 252 days ago
I’ve been keeping my powder dry on Challenger Acquisitions (CHAL) in recent weeks despite the rampfest extraordinaire going on in all the usual places. However, the two RNS’s yesterday have got me banging at my keyboard as it highlights the shoddy behaviour going on. It’s clear who the CEO, Mark Gustafson, is really working for here, namely the death spiral funders backing this piece of crap.
Published 253 days ago
Andalas Energy (ADL) and its loathsome boss Dave "the rule breaker" Whitby represent all is worst about the AIM Casino. The company is worthless and its sole achievement has been an industrial scale transfer of wealth from the many to the few. Even by its own tawdry standards yesterday was a low point and it is a matter that I shall now be asking the authoriies to investigate as, blatant, market abuse. But first we must rewind to August 8.
Published 256 days ago
I always take house broker notes with a heavy pinch of salt as they will paint as optimistic a picture as possible so this morning’s effort from Beaufort Securities on its client, MySQUAR (MYSQ), surprised me somewhat with its honesty but it’s good to finally put the nonsense about “operating break-even” to bed.
Published 257 days ago
My last piece on Echo Energy (ECHO) looked at how connected party Greenberry was making a fortune out of the ramp and also looked at rather odd TR-1s. Well history is repeating itself and, as always expected, yesterday’s TR-1 shows how the other connected “institutional investor” here, Pegasus, has also made a very quick buck - not that it told anyone when it was doing so!
Published 261 days ago
Having rather publicly fired its old retained broker Brandon Hill Research on 31 July for being sensible, Echo Energy (ECHO) has today announced it has a new broker Hannam & partners. Who? I must admit that I have never heard of this firm and an RNS search shows it acting for just one other London listed company as its retained broker. But maybe it has a big research capacity to ramp the shares? er...
Published 267 days ago
Echo Energy (ECHO) the overvalued wannabee oil explorer has today announced that it is firing its retained broker Brandon Hill. This is most unusual.
Published 270 days ago
AIM Casino uber-ramp MySQUAR (MYSQ) 'fessed up on Friday that, as I had revealed 24 hours prior, a placing was underway but it insists that it does not need the cash. Really? I want you to consider a few numbers.
Published 274 days ago
It must be exciting times at NHS supplier Totally (TLY) at the moment with the buy-and-build strategy taking shape and an RTO in progress and a busy time, particularly for the CFO, Don Baladasan, who also has the interims to prepare but, er, has he just left to join CentralNic (CNIC)?
Published 275 days ago
Having commented earlier today on the flourishing growth of the Standard List due in part to tougher rules on AIM, it felt appropriate to start covering a perfect example of such a company, namely Pembridge Resources (PERE) , which is currently moving from AIM to the Standard List. To be fair though, on an initial glance, there’s a lot worse in my Sub-Standard Shockers XI.
Published 281 days ago
Shares in Advanced Oncotherapy (AVO ) are again tumbling on this fine summer's day. Oh what joy it is to be alive. 350p at peak ramp less than two years ago, they are now just 10.75p to sell. Ouch, I just love the smell of burning share certificates belonging to Bulletin Board Morons in the morning. So what crisis looms? Take your pick.
Published 285 days ago
Our very own Gary Newman nailed this spot on at the weekend flagging up that an almighty pump in Arian Silver (AGQ) was underway. Our sober, harsh but fair coverage contrasts well with the really sordid rampfest that saw the shares pushed ahead ahead of a placing today raising £600,000 at just 0.5p.
Published 294 days ago
AIM ramp de jour MySquar (MYSQ) has today boasted that in the last days of June as daily sales reached $8500 "the business has reached a very significant milestone of achieving run rate operating breakeven". Er..can you smell the red herrings - they are hidden underneath the red flags.
Published 308 days ago
I thought I would pause before commenting on yesterday’s RNS from Xtract Resources (XTR) relating to the Manica alluvials as I felt it was odds-on that more dilution would come from one source or another following the ramping off the back of it. Surprise, surprise, Yorkville cashed in and announced a loan note conversion today, but let’s take a closer look at the announcements in any event.
Published 318 days ago
I see things are beginning to stir at Red Leopard Holdings (RLH) but one of Friday’s RNS’s relating to a significant stake being acquired by Spreadex left me in a bit of a cold sweat. History isn’t going to repeat itself so soon is it?
Published 332 days ago
Yesterday morning I ran a piece pointing out that at 0.15p the valuation of PCGE (PCGE) was utterly insane and anyone buying shares (at up to 0.16p!) deserved the beating that would surely follow. It did not take long. At 2.19 PM the company announced it had raised £400,000 at 0.1p. Ouch. The shares are now 0.11p to sell. BBMs 0 The Sheriff of AIM 1. A familiar scoreline.
Published 337 days ago
Any reader of my pieces will know I hold Challenger Acquisitions (CHAL) in pretty low regard but the outrageous ramping that has now gone on for the last four trading days is an absolute disgrace and the FCA should take a look. I’ll explain.
Published 341 days ago
The great bear Waseem Shakoor rates Frontera Resources (FRR) as one of the top 3 dogs for shooting on the AIM casino. He has just posted seven points for bulls to ignore as they ramp this worthless crap. Over to Waseem.
Published 378 days ago
Readers will know that I'm far from convinced at the buy case for AIM-listed Frontera (FRR), shares in which have again been on the rampage after what looks like a rampety-ramp RNS yesterday. The ShareProphets RNS Translation Service thought it should chip in...
Published 391 days ago
Heck my family has been waiting 40 years for this day as I explain HERE you must allow me to have some fun! To the markets and I have a detailed look at Sabien Technology (SNT) which is talking absolute bollocks today, at Johnston Press (JPR) and then at China New Energy (CNEL), today's ramp of choice but which stinks to high heaven. Then I discuss whether I have been too harsh on Advanced Oncotherapy (AVO). The answer is that I have not been hard enough. Ahead of a GM on Friday which I am attending the stance remains sell with a target of 0p.
Published 392 days ago
I’ve been badgering Challenger Acquisitions (CHAL) for three weeks now to tell the market what was happening with the debt it owed and today it finally made the announcement and it was marginally good news. What happened next though was just wrong, a rampathon across LSE, ADVFN and Twitter (and Challenger should take some of the blame), with one sole aim, to mug off the average punter. This behaviour must be stopped – my campaign starts here.
Published 400 days ago
I haven’t been following BOS Global (BOS) that closely since the comedy gold video I commented on HERE but note the share price has increased quite nicely in recent months, much to my surprise. I noted, however, an acquisition announced yesterday which included the one thing that annoys me more than any other on AIM, the spoof made-up share price for equity issued as consideration for acquisitions. Let me explain.
Published 405 days ago
Hat tip to reader Bearfacts for pointing this out but one must ask if the London South East Bulletin Board, aka the LSE Asylum, is close to going bust? Fingers crossed.
Published 406 days ago
No doubt the spivs are on the ramp again but shares in Independent Resources (IRG) have dived by 30% to 0.415. That is because the stock has today on ex-rights on the open offer announced today. If you buy now you do not get to take part in a 2 for 3 offer at 0.065p! So do the maths again.
Published 414 days ago
On 24 August 2015, Eden Research (EDEN) announced its now infamous deal (aka massive panama pump fraud) with TerpeneTech. That fraud is now unravelling big time as explained here. But let us revert to the RNS of 2015 which stated :
Published 424 days ago
In the main bearcast today I touch on the Cloudtag (CTAG) fraud but that is really covered in its own bearcast HERE. I do look at RapidCloud which was suspended today and will lose its AIM listing in a month. Who warned you that this would face a "terminal conclusion" 149 days ago? Was it PR wankers Walbrook or Nomad WH Ireland or savants on the LSE Asylum? Er no, it was me HERE. I then look at Challenger (CHAL) a zero in waiting, Iofina (IOF) and IGAS (IGAS) both of which should also be zeros. I commend today's excellent piece from Nigel, the Deputy Sheriff of AIM, on the Servision (SEV) scandal HERE. I take Nomad Allenby to task for failing to comment on this and for allowing Servision to mislead mug punters. AGAIN. Finally I take apart overvalued ramp Wey Education (WEY). Its shares are up 33% today. That is a ramp not a reflection of value.
Published 445 days ago
Having previously noted the rise and rise of AIM-listed events manager Parallel Media (PAA), whose shares shot up from 16p to peak at 46.5p on no news (with four trades going through at 48p), I see that the rocket launchers are out again. My thinking remains as before: if you hold it is time to look skywards, be thankful and sell.
Published 450 days ago
Greatland Gold (GGP) has been pursuing small - and almost certainly not economic - gold deposits in Tasmania since Adam was a boy. Every year it promises jam tomorrow, the shares are pumped up a bit and then it does a hugely discounted placing. Rinse & repeat. But suddenly it is the ramp de jour.
Published 462 days ago
On the back of an RNS Reach (i.e. not even deemed to merit a main RNS) announcement, shares in “digital wellness technology provider” Fitbug Holdings (FITB) roofed it to be 370% higher, at 0.775p, before a suspension of trading was announced. Hmmm…
Published 469 days ago
AIM (very) bad boy Advanced Oncotherapy (AVO) did its best to ramp its shares following the shock loss of its entire order book back in November. Or was it October? Glitzy promo videos and spoofing share purchases by NEDs phased out to have maximum effect on fooling the gullible managed to get the shares back to c90p. But now folks are looking behind the smokescreen of bullshit and the shares are tumbling again, to 73.5p. Since this company has committed securities fraud my target remains 0p. The questions are mounting fast.
Published 470 days ago
New Year's resolution number nineteen. If a Cloudtag (CTAG) moron who does not follow you on twitter tweets at you ten times or more in a couple of hours do not bother replying. A person like @PhilipHomer is obviously deranged so just block the loon. Meanwhile for those wanting to set their clocks by the annual CES ramp, Nigel Somerville has a Cloudtag calendar just for you, below.
Published 474 days ago
I’m struggling to take my eyes off the ‘flavour of the month’ stock, EVR Holdings (EVRH), at the moment as it continues its irresistible rise upwards and I have to tip my hat to a great performance by the CEO, Anthony Matchett, on a podcast on Wednesday and all CEO’s in the ramp phase should take note.
Published 475 days ago
in this bonus bearcast I compare the ramp de jour of the moment (Cloudtag (CTAG)) with that of eighteen months ago, African Potash (AFPO). It is shocking how similar the two cases are and the results will also be the same. In this podcast I reference the work of Waseem Shakoor in exposing both frauds and of my hero, Sam Antar, on the psychology of stockmarket fraud and how it plays out here
Published 479 days ago
In September I used EVR Holdings (EVRH) as a case study in ‘How to make money out of a Chris Akers stock’ and suggested that it could rise from around 3p and wouldn’t be surprised to seeing it hit 6p, but would perhaps get out then. Well, it hit my target price this week, more quickly than I initially envisaged, so what would I do now?
Published 489 days ago
And so today we have another revelation, this time from Nigel, showing how the rotters at Cloudtag (CTAG) have once again lied to investors in an RNS. I say once again because we have now lost track of the number of times this has happened. And the lies have been told with deliberate purpose: to pump the share price to allow both insiders and those backing placing after placing to dump stock at inflated prices. This is fraud. Yet Nomad Cairn continues to sign off on these lies issued via RNS, to tolerate CEO Amit lying in podcasts and videos to ramp the shares. So I have written once again to Cairn and cc'd in AIM Regulation
Published 492 days ago
With Mercom Capital’s (MCC) share price rising ever higher in recent weeks, I felt it merited an update from my last piece in October as the situation is getting ever stranger and I suggest care needs to be taken from here.
Published 497 days ago
When it is described as a "corporate update". That is how Iofina's (IOF) prize piece of excrement PR person Dominic Barretto headlined yesterday's profits warning. It looked so tame why bother reading? But it was a warning and Barretto being a total wanker deliberately did not add in any hard numbers. You see he views investors with contempt. His job is to polish a turd not to inform. And boy is Iofina a turd.
Published 513 days ago
The return of the Bulletin Board Moron of the week (tweets are also allowed) contest saw a myriad of entries and Cloudtag (CTAG) is clearly the ramp de jour of the BBM Community although a few followers of African Potash (AFPO) seem pretty deranged. You can see the many splendid entries HERE but the winner is...
Published 516 days ago
How on earth can Nomad Cairn continue to act for the fraud Cloudtag (CTAG) as it today fesses up to another pre-placing hoodwinking of investors? After the Second Chance guaranteed sales of $5.2 million RNS ( 4 days before a placing) statement was exposed as a big fat lie, now we turn to the US distributor Cities.
Published 522 days ago
Today's RNS from Mosman Oil & Gas (MSMN) is not new ramptastic news but just a recycling of yesterday's ones with the factual errors corrected. What is it with this company and its inability to tell the truth to investors? Anyhow.. the RNS is pretty clear, it is placing ahoy.
Published 553 days ago
Another day and another ramptastic RNS emerges from the Icewine jam tomorrow factory owned by 88 Energy (88E). What we really want to see, of course, is the quarterly report for the three months to September 30th showing just how much of the June 30th net cash of A$20.3 million has been spunked away to money heaven. The answer to that will explian today's ramping.
Published 559 days ago
Have you looked at the chart of AIM dog Mkango Resources (MKA)? It is a corker. It is all down to the looming cash crisis and that is why the shares now trade at 3.5p-4p which is below the IPO fund-raise price from June 15. That tells you how much trouble this piece of Turkish is in.
Published 562 days ago
FastForward - On the ramp again, guess cash must really be low and it's placing ahoy
Lorne Abony must have needed a holiday because having been running at more than one RNS a week for most of the year things went quiet (relatively) in August and September at FastForward Innovations (FFWD), the second most self-ramped stock on AIM. But now old Lorne is back in full ramptastic mode with two announcements in two days at the end of last week.
Published 575 days ago
AIM-listed Texas-based oil explorer and monster cash-burner Frontera Resources (FRR) yesterday released another ramptastic RNS. The shares stormed ahead by 29% on the day, with the rise getting going at about 11am. No doubt someone just got very lucky, as an RNS didn't come out until 3.35pm.
Published 607 days ago
Sheep shagging buffoon Justin the Clown is unrepentant after the Andalas debacle and yesterday transmitted a podcast with the CEO of Cloudtag (CTAG) which is the Bulletin Board Moron ramp de jour. In this podcast I tear into the Clown but also into Cloudtag explaining all the reasons why it is a sell and flagging up the issues the Clown would not tackle as he sucked up to another CEO on the ramp and his moronic audience.
Published 608 days ago
We do like to provide balance here on ShareProphets and in that vein we bring you yesterday’s morning note from Beaufort Securities, house broker to Harvest Minerals. As exclusively revealed HERE by Tom Winnifrith with his Sheriff’s hat on, the company pulled a placing at 8p last week, in the hope of getting one away at a higher price. But that appears to have triggered a short squeeze as forward-sellers were forced to cover their positions. But it now seems that it is full rampety-ramp steam ahead for a second attempt.
Published 619 days ago
Over the weekend we revealed how Strat Aero's PR man boasted of pretending to be a Bulletin Board Moron, sayitlikeitis, to post rampatstic nonsense on the LSE & ADVFN asylums. He was paid to ramp the stock with ludicrous claims and comments but some folks do it for free!. Please nominate your BB ramper of the week posting the most ludicrous claims you can find on boards or on twitter (so Big Gob tweet ramps are eligible) in the comments section below with a deadline of midnight Sunday 15th August. Ramps on any stock are eligible.
Published 624 days ago
Cloudtag (CTAG) the AIM listed jam tomorrow producer staged its last placing on July 14 but will again have negative net current assets by September 1 and is thus serving up more ramptastic PR bollocks to its moronic shareholder base to ramp the stock ahead of the next confetti issue. Today's "Binding Heads of Terms Signed with US Partner" RNS puffery was a classic.
Published 625 days ago
Wow! Blenheim Natural Resources (BNR) just got an option to buy 7.5% of a great company for just £1. And the company has an amazing gold and copper asset in Bongo Bongo land. It sounds almost too good to be true...precisely. Caveat emptor this looks like a pre placing ramptastic load of horseshit. So lets investigate and "fiske" the news.
Blenheim says that it:
Published 630 days ago
Those lucky folks who got in on the most recent bailout placing for AIM dog Starcom (STAR ) in March at 1.5p have done brilliantly. The shares now trade at 4p mid and this is now le ramp de jour for certain morons on twitter and the bulletin boards. But the valuation is surely insane at £5.4 million given the ongoing losses, painful lack of tangible asset backing and the inevitability that another placing is imminent.
Published 630 days ago
On 6th January 2016 African Potash (AFPO) announced a major sales deal. Six days later it got away a bailout placing. Gradually over the months that followed that sales deal was shown to be bogus, a sham, not worth the loo paper it was written on. But at least the ramp allowed this AIM Casino posterboy to get its placing away. Now the bastards are at it again. 30 seconds on Google is enough to make you doubt a word this company says as it tries to get another bailout placing away. African is teetering on the verge of insolvency.
Published 636 days ago
I start with the bad news for whoever owns Fred Olsen. I think look at Octagonal (OCT), Blur (BLUR), much ramped Keras Resources (KRS), XCite Energy (XEL), Magnolia Petroleum (MAGP), 88 Energy (88E), Highlands Natural Resources (HNR), Sareum (SAR) and then a joke IPO called Widecells (WDC), which listed yesterday and is now the subject of a ramp. Feel the stem cells. No actually don't. Just sell.
Published 636 days ago
DIRECTOR PURCHASES SHARES screams the headline – in capitals - of an RNS from AIM-listed Frontera Resources (FRR) - not to be confused with Frontier Resources - this morning. Ooooh quick, let’s all pile in – follow the money, as they say, because the insiders know what’s really going on. Er, hang on a moment….
Published 638 days ago
Highlands Natural Resources (HNR) is shameless in the way that it announce the most fantastically misleading news to ramp its shares to get another covert placing away. Today's announcement is a total shocker. It is paying $500,000 for the right to pick up 100% of the costs but just 80% of the revenues from six wells in Colorado. The numbers sound great...sadly they are just plain old bollocks as 10 minute's research on the internet shows. Highlands states:
Published 644 days ago
I spent the morning at an ante natal class with the Mrs. Hell's teeth I am a feminist don't you know? But the whole experience left me feeling just rather old and I discuss why. Then it is onto today's ramptastic news from Horse Hill and I explain what it actually means. I waltz through Gulf Keystone (GKP) - bear squeeze - Stanley Gibbons (SGI) - recovery play? - and Guscio (GUSC) - Nigel Wray play. Then it is onto Tern (TERN), Gable (GAH), IGAS (IGAS) and Golden Saint (GSR) where I discuss why today's RNS really is just bollocks and how bulk sampling really works.
Published 645 days ago
Being one of the few writers on ShareProphets yet to comment on the stock du jour of rampers everywhere (see HERE for the full coverage), I thought I’d take a visit down memory lane and see what lessons one can learn from CloudTag’s (CTAG) history. Guess what, it’s been promising jam tomorrow from the beginning.
Published 649 days ago
How on earth did hapless Nomad Peel Hunt sign off on what Jim Mellon's FastForward Innovations (FFWD) terms a "strategic update" but is in fact nothing more than a shameless pre placing ramp.? My comments are in bold. FastForward's are not.
Published 653 days ago
Tom Winnifrith has already quite correctly berated the Sunday Telegraph for its piece yesterday on the ongoing travails of AIM-listed Igas Energy (IGAS) and its little debt problem. The sense of desperation which saw this piece of abject puffery in a national newspaper is apparent to anyone who looks at the balance sheet, or read the comments from the company about its expected bond covenant default in the second half of this year (ie any time now). But the article reads like a dodgy RNS aimed at getting the bulletin board morons to pile in while the crony capitalists get out.
Published 657 days ago
Dave "Rule breaker" Whitby and his colleagues at AIM Listed Piece of Turkish Andalas Energy (ADL) are on the spoof again with a ramptastic RNS saying nothing at all of of any interest whatsoever. Folks know Whitby's game and the shares are off at just 0.165p because what is really happening is the start of the ramping that proceeds a deeply discounted placing. Next up a soft interview with Zak "Judas" Mir, a podcast with Justin the clown or a presentation at a Proactive seminar? Perhaps a buy note from Edison? We have seen the Andalas ramp before and surely no-one is stupid enough to buy it again?
Published 671 days ago
Oh dear, Oh dear, Oh Dear, over-ramped POS Glenwick (GWIK) is deep in the merde. Its shares were unsuspended at 3 PM today following the collapse of talks about an RTO. They had been suspended on 23 May.It gets worse.
Published 671 days ago
On 9 June 2016 ShareProphets AIM-China Filthy Forty play China New energy (CNEL) announced that it had raised £750,000 from a subscription by funds managed by an institutional fund manager at a price of 2p (a 25% discount to the prevailing price). Ah, so the big boys had invested? Er….
Published 675 days ago
Beaufort Securities is joint broker to grossly over-ramped Advanced Oncotherapy (AVO). That means a fat retainer and also a good slug of the commission earned for the regular placings this company needs to keep paying its bloated boardroom payroll and other costs. The commission on the May 2015 fundraise at 8p would have been £1 million. Coke & hookers all round! Except for the shareholders, that is, as the share price is now 5.25p and its going to fall further as the next placing is imminent. So how do you ramp a stock ahead of a placing?
Published 690 days ago
LGO Energy (LGO) should be publishing the year end accounts for 2015 within the next week. If the accounts are audited we will probably see LGO declaring an operating loss of between £10-15 million. I have not seen any analysts expectations so its hard to assess how the market will react to this.
Published 690 days ago
Oh dear, Oh dear, when even those you pay to produce buy notes, refuse to promote your shares you know that you are in trouble. Equity Development, which has been pumping Fastjet hard since 2013 has today said it cant set a target price any more. Cripes, I suppose that if FastJet can spare a few quid it could always get Gollum and Zak Mir to ramp its shares but back to those paid for rampers we can take, at least a bit, seriously.
Published 691 days ago
It is good to see that Inspirit Energy (INSP) is spending the £750,000 from the bailout financing of last month wisely. Canapes and stockmarket hookers all round.
Published 730 days ago
I start this podcast with a bit of a reflection on one or two excellent pieces this weekend notably my own stuff on African Potash (AFPO) and the Horse Hill ramp but also the cracking piece today by Cynical Bear on Fast Forward (FFWD). In the bearcast I also look at a stack more Brexit lies as well as discussing why Rob Terry has broken cover and where the SFO is with its investigation into the fraudster.
Published 733 days ago
Peterhouse, house broker to AIM-listed Tern plc (TERN), yesterday released a note following the announcement of a deal in which Tern’s principal investee company Cryptosoft had acquired the US-based Device Authority Inc in an all-paper deal.
Published 737 days ago
Dave Whitby of Anadalas (ADL), what was once uber ramp CEB, should be in prison for his crimes against AIM. I have linked at the side of ShareProphets to an article by someone who was in prison once, Brokerman Dan, on Andalas and the old bank robber is bang on the money. In five days this company could be booted off AIM. It wont, I think, but will survive only by doing things that stink to high heaven. I also discuss today's Project Fear lie, this time on fuel prices
Published 747 days ago
Since March 3 in 25 working days, my old pal Jim Mellon's AIM casino listed FastForward Innovations (FFWD) has released 9 ramptastic good news RNS statements - one every three days. Since 31 March it has released 6 statements - that is to say almost one a day. It is almost as if Jim has been taking lessons from the master, Mr David Lenigas, on the art of the blizzard of ramptastic releases. Yet another placing with your tea vicar? It is also the nature of the releases that concerns me.
Published 771 days ago
Five days ago we revealed that David Lenigas himself was trying to arrange a £5 million bailout placing for insolvent LGO Energy (LGO) which would see Jabba go back on the board and hapless CEO Neil Ritson pushed into the long grass a couple of months later. We have emails from broker Dowgate to potential investors explaining Jabba's plans and saying that the placing would close well before the end of last week. There has been no RNS. Clearly - and not surprisingly - the placement is struggling big time and so LGO has today released ramptastic bollocks from Goudron to try to spoof punters into backing the bailout.
Published 771 days ago
Solo Oil (SOLO) the David Lenigas created POS cannot stop telling us more ramptastic news from Horse Hill yet its shares are sliding again today. Why? Well there is a missing RNS on its acqusition out in Bongo Bongo land and the small matter of the placing it needs to do ASAP to pay for that deal and to stop the company going bust.
Published 779 days ago
No wonder Sir Stelios wants wholesale boardroom change at FastJet (JFET) a disastrous trading statement today makes it clear that the current board has not got a scooby and that bankruptcy is very much on the cards.
Published 782 days ago
I ask you to examine two RNS statements issued by Lenigas ramp (how's the placing going) UK Oil & Gas (UKOG) concerning Horse Hill flow rates from 29 February. Then let's do some Leni-maths.
Published 788 days ago
I have noted before that the little watched internet TV channel tipTV charges companies to appear then serves up a soft ramptastic interview and fails to declare that it is being paid to pull its punches and assist the rampathon. This is wholly unacceptable but tip TV persists. I guess it needs the cash.
Published 791 days ago
Another day and another dismal attempt by David Lenigas to ramp shares in ailing Lenigas Cuba (CUBA) on the ISDX lobster pot. Hmmm. Lenigas tells us that ISDX - not AIM - is where the liquidity is so how come not one fucking share has traded in this company since 18 February with not one share traded after this latest ramp and with the shares (listed at 5p) stuck at 0.5p to sell just 3 months later? Answer please Mr Lenigas? And so to today's ramptastic bollocks from Jabba The Hutt.
Published 791 days ago
Thank you for your kind messages about my late cat Tara. Today I record with morbidly obese three legged Oakley listening and try to get him excited with an imaginary ffing dog. Actually it is the Chris Oil of cats. I explain. I also look at Stanley Gibbons (SGI), the London Stock Exchange (LSE) and the first placing into the Horse Hill ramp - Evocutis (EVO). Next will be - I predict - Solo (SOLO). I also look at ISDX lobster pots and David Lenigas lies ref Afriag (AFRI).
Published 804 days ago
Hat Tip to reader "Inspector" for this point on the car crash IPO of the year 2015 Lenigas Cuba (CUBA) and its latest (failed) attempt to ramp the share price. On 9th February, Jabba The Hutt published the following update on his company's investment in Petro Australis:
Published 804 days ago
Eden Research (EDEN) needs to answer the clear questions about panama pump securities fraud and shady related party share pump & dumps if it is to stop its shares collapsing. Instead it has tried to keep its deluded followers happy with news from Greece. Sadly for it I know Greece rather well...
Published 806 days ago
I have an idea which cannot lose. This is a stockmarket scheme which has to be a winner. First we set up a new company...
Published 808 days ago
We have already demonstrated that not only is Servision (SEV) teetering on the brink of insolvency (HERE), has a ludicrously aggressive revenue recognition policy (HERE) but that also it announces deals as pre-placing ramps then patently does not deliver on them HERE & HERE. Now lets look at a pre-placing ramp from Brazil from April 2015. This is a shocker.
Published 817 days ago
UK Oil & Gas (UKOG) is on the ramp again but when Stephen "I did not say there were 100 billion barrels except when I did say that" Sanderson ramps these days, folks remember Horse Hill and only the true lunatics still believe.
Published 826 days ago
Today's ramp de jour is Marechale (MAC) which I debunk completely. The same rampers were active in Peer TV (PTV) - see earlier - and Glenwick (GWIK). They are scumbags. I laugh at Lenigas Cuba (CUB) have you seen the latest trade? Then it is onto Environmental Recyclying (ENRT), Octagonal (OCT), LGO Energy (TOAST), Greatland Gold (GGP), STM Group (STM), Phorm (PHRM), Quantum Pharma (QP.), XCite Energy (XEL) and Bahamas Petroleum (BPC), both in my 11 oil stocks to go bust list.
Published 828 days ago
Back in September ailing AIM listed gold dog Condor (CNR) announced that it was undertaking a strategic review and was in an offer period. Today it says both processes are over. It was bollocks from the start, you can't polish a turd and this company - of which I have been a long term bear - is screwed. It is almost game over. It will be lights out in May.
Published 854 days ago
On 3 Feb 2014 the then AIM-listed Lenigas ramp UK Oil and Gas (UKOG) announced that it had purchased a 6% stake in Angus Energy Limited (now called Angus Energy Holdings UK Limited) – see HERE. The price disclosed for this transaction was £368,000, to be settled in UKOG shares to be issued at 0.8p (implying the issue of 46 million shares).
Published 886 days ago
Will private investors on AIM ever learn? This morning 88 Energy (88E) raised A$3million at 0.47p, a mere 24% discount to where the stock opened on Monday. The company also announced a first come first serve Share Purchase Plan (SPP) to raise up to €4,999,999 from existing eligible shareholders. Under the terms of this, retail holders of 88 Energy are allowed to purchase parcels of up to A$15,000 worth of stock on the same terms as the placement participants. No doubt people will fall over themselves to take up this deal, but if the company has such great prospects why the steep discount?
Published 917 days ago
Almost a year since the first drilling “discovery” at Horse Hill and the companies involved, led by David Lenigas ramp UK Oil & Gas (UKOG) still decline to drill again, instead pumping out more and more meaningless reports on the prospect. Today there is another but almost no-one believes the Lenigas blather any more.
Published 922 days ago
Another day and another ramping announcement of sod all import from twitter moron fave CEB Resources (CEB). If the CEO is not appearing on a paid for interview on tips TV patting away daft questions from the Sith Lord Zak Mir, he is busy churning our more IR guff. But the big question he will not answer.
Published 924 days ago
Last night, the BBC published a previously unseen, yet explosive interview with UK Oil & Gas (UKOG) Executive Chairman Stephen Sanderson. It looks like Mr Sanderson has been less than forthcoming in his explanation of who was behind this spring’s outrageous Gatwick Gusher ramp. Having categorically denied that UK Oil & Gas had anything to do with the “100billion barrels of oil beneath the Weald” claims, video evidence now strongly suggests that Sanderson himself was the direct source. You can watch the damning clip here.
Published 925 days ago
I somehow suspect that Big Dave Lenigas will not be unblocking me on twitter after tonight. Nor will little Steve Sanderson be inviting me to the UK Oil & Gas (UKOG) Christmas party. For tonight the Horse Shite rampers are in the spotlight on BBC1.
Published 929 days ago
As the Company’s House filings emerge more details of the various Rob Terry frauds at Quindell (QPP) emerge and the latest concerns Ingenie, the insurance company for whom Gary Lineker made £5 million. This is a panama pump. And it is black and white slam dunk, jail meriting, fraud, not for Lineker who is innocent of any wrong doing but for many others.
Published 929 days ago
AIM-listed Frontera Resources Corporation (FRR) issued a long and detailed RNS regarding its operations in Georgia this morning. It seems to offer a rose-tinted view of the world: could it be that this is a good moment to be buying the shares, then? There is much to like, as the company trumpets a significant upgrade to gas resources associated with its ongoing exploration and production efforts in the country of Georgia. Or is it just a pre-placing ramp?
Published 948 days ago
Craig Thomas is celebrating two months as chief executive officer of heavily--indebted southern African copper play Weatherly International (WTI) by tapping into funding facility from 25% shareholder Orion Mine Finance, boosting production from the company’s flagship open-pit Tschudi copper mine in Namibia and studying how to revamp its presently uneconomic underground projects in the same country. AIM-quoted Weatherly, whose shares have plunged from its 8p float price 15 years ago and a more recent 3.88p 12-month high to a mere 0.68p now, has drawn $4 million from an $80 million-plus facility provided by Orion to help ramp up production at Tschudi and apply what Thomas calls ‘real detail and rigour’ to Otjihase and Matchless, the underground projects now grouped in the company’s ‘central operations’ division.
Published 953 days ago
Having fallen on interim results last month and further, to 0.205p, last week, shares in Motive Television (MTV) are currently up approaching 30% today, to 0.26p, on the back of an announcement that “Motive intends to develop TabletTV for Apple TV”. I.e. ramp fodder, when's the next fundraising? ...
Published 988 days ago
Well surprise, surprise! As expected (see HERE) AIM listed Tern plc (TERN) has announced a placing in the wake of the monumental rise in the lead-up to its Interims last week, and the explosion following chairman Angus Forrest’s mega ramp of an interview with paid-for Proactive Investors. With the shares having peaked at 27p on Thursday, the company announced a placing of shares this morning – at just 12p. One might only imagine how anyone who was sucked in to paying 27p last week might be feeling now.
Published 1009 days ago
On results last week from Imaginatik plc (IMTK) I noted that the financial position in conjunction with the recent share price ramparoonie looked to mean conditions for another fundraising ahoy (see HERE). Today we have an announcement of a “Subscription and Director Dealings”…
Published 1016 days ago
POS Aim casino poster boy Mosman Oil & Gas (MSMN) has today put out the most ridiculous and desperate operational update in an attempt to spoof mug punters to buy the shares. For the fact is that Mosman is almost out of cash – though it won’t admit it – and needs a bailout soon.
Published 1026 days ago
AIM casino cash munching machine Phorm (PHRM) today served up an “operational update” which is a load of bullshit in itself but what that means is that a placing will happen within days. Just look at the pattern.
Published 1045 days ago
As an alternative to Bulletin Board Moron of the week this week we launch a new contest - twitter ramper of the week and as it is our debut all tweets going back to May 8th are eligible. And that meas that to win the contest you have to show a tweet which is either criminal or just mindless ramping that beats this one from market abuser Chris Oil.
Published 1052 days ago
Now my interest has been reignited in the Sefton Resources (SER) story, I’ve been pursuing various investigative leads and have uncovered something pretty surprising. It look very much like Chief Financial Officer Raylene Whitford is a genuinely decent person, who is doing her level best to save this company. Unlike certain previous executives, Miss Whitford is not a serial market abuser, intent solely on lining her pockets at the expense of Sefton’s shareholders.
Published 1093 days ago
In the long run a share price will reflect the NPV of future cashflows of a given company. In the short term it can go anywhere. Stocks can whizz higher purely based on aggressive stock promotion, .e ramping. So who would your ramping dream team be? As I sit having a coffee waiting for my car to get an MOT I have put together my own starting five.
Published 1105 days ago
This morning’s “Clarification of Press Comment” from UK Oil & Gas (UKOG), and the other companies participating in Horse Hill, heaps shame on all involved in last Thursday’s monumental ramp. At ShareProphets, we were the first to criticise the BBC, ITV, Sky News and all the other broadcasters, who leapt so obediently onto this propaganda bandwagon, for their deeply misleading coverage. Hundreds, if not thousands, of private investors bought stocks in the Horse Hill nags, thanks to the appalling laziness of too many journalists. Within 24 hours, most of these ordinary people were facing losses of upwards of 35% on their “investments”. This disgraceful episode illustrates once again why AIM is in such desperate need of comprehensive reform.
Published 1122 days ago
For the benefit of one reader in particular this podcast explains the difference between a share tip and a ramp, it explains pump and dump, it looks back to historic cases such as the City Slickers and explains why Bulletin Board Morons use the words differently to normal human beings.
Published 1124 days ago
I have noted before on a number of occasions that Volex is obsessed with spin and share price promotion but that its market cap (£59 million at 65p) is just a total Rum and coke. A grotesquely misleading RNS today only highlights the big problem with this enterprise: (lack of) cash generation.
Published 1135 days ago
I watched the trade in Alba Mineral Resources (ALBA) last Thursday and Friday in a state of bemused bewilderment. For the life of me, I just could not understand what was encouraging buyers to push this company’s stock price higher. Thursday’s announcement of Alba’s acquisition of Regency Mines’ (RGM) stake in Horse Hill gave a crystal clear warning that the company would place at 0.25p, to help pay for this transaction. Today Alba did precisely this. What on earth possessed people to buy shares at 0.4p and above is a mystery to me, but it does suggest one thing. There will be buyers for the next Horse Hill ramp.
Published 1203 days ago
Yesterday, HERE, I showed that a piece of market data which was being totally misrepresented at loon central as the basis of the mother of all ramparoonies for Tern (TERN) was, in fact, incorrect. However, Tern and its advisers, rather than correct the market’s wrong perception, had seen fit to conduct a Placing on the back of the incredible rise in Tern’s shares. Well, it is now confirmed that the data upon which the ramp was based has been corrected.
Published 1242 days ago
There are three reasons why IGAS (IGAS) shares are a screaming short at 56p. One is that the shale bubble is set to burst. Greed will turn to revulsion and any company that has used the word shale in release after release to ramp its shares in the good times will now suffer the backlash. The second is Andrew Austin, the CEO. He is still not telling the truth, the whole truth and nothing but the truth on his Equities First Holdings LLC dodgy share trades. That makes the stock uninvestable until he fesses up and quits. It is only a matter of time. The third...
Published 1387 days ago
Another day and another “contract win” announced by Avanti Communications (AVN) – natch the value is undisclosed. Friday’s Victor Meldrew “contract win” was – as I explained HERE – very peculiar indeed. And the directors are all making small share purchases. Its ramp ramp ramp time because Avanti desperately needs to do a placing.
Published 1408 days ago
I flagged up 6 days ago on 10th June that Concha (CHA) was at 2.18p the most ramped and overvalue stock on AIM. The shares are now 1.55p and the stock remains grotesquely overvalued, a point reinforced by a statement on 11th June by chairman Chris Akers who really is a prize bullshitter.
Published 1414 days ago
If you have a spare one hour and 49 minutes and want to listen to a comedian spouting total bullshit we are here to help with the assistance of wee Brian “It’s The Way I tell ‘em” McDonnell the man in charge of the POS joke GXG listed company US Oil & Gas (USOP). Before you listen remember:
Published 1414 days ago
Concha (CHA) is quite possibly the biggest ramp on AIM. I Know that my pal Nigel Wray owns 10% but, sorry mate, the current valuation is just ludicrous.