Corero - not just a contract win, but a “Significant Contract Win”. Ramptastic again?

Published 36 days ago

Not just a contract win, but a “Significant Contract Win” announcement from Corero Network Security (CNS). Ooooh. With results for the first half of 2017 having shown an increased loss of $4.8 million on revenue only slightly higher to $4.8 million – and this following a more than $8 million loss, even on an adjusted basis, for the 2016 calendar year, what’s the “significant contract” detail?...

Corero - 4th bit of "good news" since interims - look at the balance sheet it is placing ahoy!

Published 80 days ago

Corero's (CNS) disastrous interims were just six weeks ago and since then we have had four pieces of good news announced with great, ramptastic, fanfare: two contract wins, a new partnership agreement and, today, a contract renewal. It can only mean one thing, this is the pump before the dump, it is placing ahoy. Just look at the historic numbers and do the maths...

A Broker warns you on Bushveld... they do it with mirrors

Published 150 days ago

Once again I return to the subject of the company on AIM with the stupidest bunch of shareholders. The auditors of Bushveld Minerals (BMN) have stated explicitly that the company needs to raise fresh equity to avoid going tits up but shareholders respond by saying "how often have auditors got it wrong?" and a range of other excuses. They just do not get it at all, it is placing ahoy. Now the company has news today which the morons who own this stock seem to think is good. In a private email this morning a top City broker put it thus:

Pantheon Resources - why does anyone believe a word it says? Why have directors not been fired?

Published 172 days ago

On 25 January 2016 I accused Pantheon Resources (PANR) of being a mug punter fave and of being ready to do a placing. A huffy puffy PR person got a huffy puffy FD to call me to tell me that I was talking bollocks. The City was reassured that I was a prize poltroon/failed fund manager/pizza delivery boy/drunk and , assisted by a scandalously ramptastic operations update, the company raised $30 million at 115p in early March. Why is this ancient history so important?

Westminster Group – shares bounce on AGM Statement, but what operational progress is there?

Published 204 days ago

Having recently again been in retreat, shares in Westminster Group (WSG) have risen approaching 20%, towards 16p, on the back of an AGM update. With I having concluded cautiously a few months ago, what developments have caused the bounce?...

Vipera – “pleased to announce” new agreement, but what’s happened to funded “through to cash flow profitability”?

Published 231 days ago

Vipera (VIP) “is pleased to announce a multi-year agreement with Bankart d.o.o., a leading payment processor” and CEO Marco Casartelli is “delighted to have agreed such a significant and multi-year agreement with Bankart and we very much look forward to delivering more innovative solutions together in the future”. Sounds good, but what's the detail?...

Proxama – not just “New Contracts”, but new “revenue generating contracts”. Ooooh…

Published 239 days ago

Having recently concluded on Proxama (PROX), the explicit inclusion of “should it require further working capital” suggests to me it very much will, I note an announcement today that the company “is pleased to announce four revenue generating contracts for its Proximity Marketing and Data Division”“Revenue generating” rather than any useful financial information hey? And an ‘RNS Reach’ (i.e. not regulatorily significant) announcement hey? Ramptastic!...

Corero Network Security – service launch of a contract announced a month ago. Ramptastic!

Published 243 days ago

An announcement from Corero Network Security (CNS) with a headline “Corero Tier 1 Internet service provider customer GTT Communications, Inc. launches DDoS Mitigation service”. Then “further to the announcement on 19 April 2017 regarding a Global Tier 1 Internet service provider customer win… announces that the customer, GTT Communications, Inc. (NYSE: GTT), has launched its DDoS Mitigation service”“Global Tier 1” now hey! And you what? The contract win has already been announced? Ramptastic…

Advanced Oncotherapy – another SPOOOOOOOOOF and a screwed up RNS: KEEP SELLING

Published 290 days ago

It seems that AIM-listed Advanced Oncotherapy (AVO) is so desperate to get out any good news it can that it rushed out an RNS yesterday morning to notify the market of director buying and got the numbers wrong. Oops. Great work in checking and verifying there by Nomad Stockdale Securities.

Milestone – AGM statement ignores the Elephant in the room: WHEN’S THE BLOODY PLACING?

Published 296 days ago

AIM-listed Milestone Group (MSG) has released an AGM statement – but it is not the voting result, it is the Chairman’s statement – to be delivered by Deborah White, who is (corporate governance Red Flag) also CEO. Of course, some of us think that there should have been a change at the helm some while back in the midst of the non-arrival of placing funds scandal which the company was, to say the least, tardy about ‘fessing up to. 

Milestone Group: Shocking ramptastic RNS’s with just one purpose – placing anyone?

Published 306 days ago

Tom and I have been pretty consistent in our criticism of lifestyle company, Milestone Group (MSG), and although it was touched upon in Friday’s Bearcast (HERE), I thought the ridiculous recent RNS’s required a bit more of a kicking. It is an appalling effort with one sole purpose, to try to seduce new mug punters into supporting this useless company.

eServGlobal – argues breakeven ahoy after 2016 “turnaround”. Hmmm…

Published 312 days ago

Having recently recovered to comfortably above 7p, shares in eServGlobal (ESG) are currently sliding back towards that level despite an AGM Statement including “we expect sufficient order flow in H1 to support our outlook of breakeven in the core business in the 12 months to 31 October 2017, and progress by HomeSend remains consistent with reaching a breakeven point during this calendar year”

blur Group – CEO Letts & co excel themselves with a leading contender for ‘Ramparoonie RNS of the Year’

Published 318 days ago

Having last month failed to ignite the share price with a ramptastic “blur engaged with Top 100 UK law firm” announcement, blur Group (BLUR) has had much more success today – on the back of a “blur engaged with Global Electronics Group” announcement, the shares currently 200%+ higher at above 20p…

OneView – as shares soar on “Multi-Million Dollar” agreement, caveat emptor?

Published 332 days ago

Shares in OneView Group (ONEV) are currently soaring ahead on the back of a “Multi-Million Dollar Cloud-Based Hosting Agreement”. With I previously having been bearish here and the ramptastic use of “Multi-Million Dollar” in the announcement title, does this remain a case of caveat emptor?...

Andalas - the clock is ticking ahead of potential insolvency in April - how is the placing going?

Published 365 days ago

Pre Christmas the ramptastic stream of RNS statements, corporate presentations and interviews with homeless clowns told you all you needed to know: worthless Andalas Energy (ADL) was in full ramp mode as it prepared for a rescue bailout. Now, though most oil shares have risen sharply in recent weeks, Andalas stock is still just 0.12p to sell and is falling again today. So how is the £1 million placing it needs faring? 

Frontera Resources – After the pump…….

Published 444 days ago

Having pumped up the share price at the start of last week with yet another ramptastic operations update, all rather predictably comes the dump. This morning AIM-listed Frontera Resources (FRR) announced the draw-down of another £382,550 under a Standby Equity Distribution Agreement (SEDA) – for which read death spiral – with YA II PN Ltd (for which read Yorkville). Another wheelbarrow-load of confetti, 402,684,211 shares, has been issued at 0.095p per share. We are told this will be used to advance work programs of the Company.

LGO Energy now just 0.14p to sell - placing ahoy? Bring back Big Dave Lenigas?

Published 534 days ago

Oh dear Oh dear, things are looking ever bleaker for Neil Ritson and AIM dog with fleas LGO Energy (LGO). Interims out next month will be diabolical, the cash position by now is looking grimmer than a wet Thursday in Scunthorpe and ramptastic announcements are just not having any impact on the share price, surely it is time to bring back Big Dave Lenigas. Cometh the day and all that.

Filthy 40 – China New Energy FY15 results: a stinking POS festooned in Red Flags

Published 567 days ago

ShareProphets AIM-China Filthy Forty play China New Energy (CNEL) has seen us hoist the Red Flag on several occasions before (see HERE) but its FT15 results, released on deadline day (Thursday) take the biscuit. The company is, quite simply, a disgrace and its advisers (Nomad Cairn and disgraced Broker Daniel Stewart) should be ashamed.

Imaginatik – “Trading Update” ramptastic, again don’t be fooled…

Published 680 days ago

Imaginatik plc (IMTK), the ‘innovation software and consultancy provider’, “is pleased to announce trading in the third quarter of the year was positive”, with Chairman Matt Cooper emphasising “this is another strong quarter of trading, marking a clear turning point in our revitalisation of Imaginatik… leading to a more secure financial footing and exciting prospects for the future”. Hmmm…

UK Oil & Gas - the Horse Hill rampers issue another misleading update - placings ahoy!

Published 682 days ago

Just how much cash does UK Oil & Gas (UKOG) have left? At September 30 2015 net of trade payables it was c£4 million. PLC costs are £100,000 cash per month. And the cost of all the work at Horse Hill not to mention the Isle of Wight must have been closer to £2 million than £1 million. I reckon the number is now c£1.5 million which means a placing is needed fast. Fellow Horse Shite play Solo (SOLO) neess a placing within two weeks to pay its commitments in Bongo Bongo land hence today's ramptastic (misleading) RNS.

Motive Television – attempts to continue desperate ramparoonie despite update on (lack of) Nomad

Published 718 days ago

Tom Winnifrith has covered the update on (lack of) Nomad today from Motive Television (MTV) HERE, the following updates on developments which should surely mean Tom’s conclusion is correct…

On the First Day of Christmas, my true love gave to me...something from the Lenigas tree

Published 760 days ago

The attempts of David Lenigas et al to hide the Afriag Magazine from investors have been foiled. Now you can read about Yusuf, Paul of Rollex infamy, rebranded tobacco factories from the Lonrho days and so much more thanks to ShareProphets and kind readers who assisted us... Dave, what exactly are you trying to hide?

Afriag - why has "that magazine" disappeared - what are you hiding?

Published 760 days ago

Even before the shock resignation of fat Aussie share ramper David Lenigas today, Afriag (AFRI) was a slam dunk sell. It is almost out of cash, is burning cash and its major asset is a 40% stake in a a Zim South business run by "colourful " Yusuf Kajee & Paul de Robillard, a man accused by Lonrho when run by David Lenigas of being a tobacco smuggler and whose company before Afriag is the subject of a live criminal investigation in South Africa. Paul & Yusuf featured heavily in a ramptastic Afriag Magazine published two weeks ago on the Afriag website.  But...

Motive Television – another ramptastic announcement attempted as it scrambles to conclude refinancing

Published 766 days ago

In a September announcement I noted as ramp fodder, Motive Television (MTV) announced an intention to develop TabletTV for Apple TV. I concluded as such with the announcement being just of an “intention” to do something, not of an achievement, and the mention of “Apple” a ramptastic seven times in the 195 word announcement being preferred to the provision of any financial indications whatsoever (see HERE), and so today…

Who would be your dream ramping team on the AIM casino for Ramptastic PLC?

Published 999 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.


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