Tom Winnifrith Bonus Bearcast: AIM Companies starting to surf the wave of Blockchain madness - I've seen this all before
Published 124 days ago
Following the successful floatation of Fishing Republic (FISH) a couple of years back, it was only a matter of time before one of the other large fishing tackle retailers followed the same route, and we’ve just seen Angling Direct (ANG) list on the AIM market.
Published 166 days ago
A 10:15am “Trading Update” announcement from restaurant group Comptoir (COM), which IPO’d at 50p per share on AIM less than a year ago. An unusual time for a trading update + a restaurant group, with all the pressures facing that sector currently = I think I can guess much of how the announcement is going to go…
Published 172 days ago
Hello Share Shapers. Every so often I look at that great British pharmaceutical giant, GlaxoSmithKline (GSK) and I usually notch it up as a buy. Despite the fact that it has not been quite as successful a punt as I had hoped, I am still well up on my three year old purchase. The dividend, which I have at nearly 5% is also useful. And I was gratified that it was one of the perkiest Footsie risers on Friday.
Published 181 days ago
I keep saying this till I am blue in the face but most asset classes are global. The idea, therefore that property prices can crash in New York and San Francisco but just keeo melting upwards in other global cities like London is just nonsense.
Published 186 days ago
Libertarian gold bug Peter Schiff is a big hero of Tom Winnifrith. He called the 2008 crash and he has also made some duff calls. But what he says about US retail in his latest podcast is fascinating. What happens in the US will wash over to the UK in due course. This is terrifying stuff to listen to.
Published 207 days ago
Fishing Republic (FISH) is a company that I have been keeping a close eye on ever since it first listed on AIM back in June 2015 and, although I find it hard to see value at the current market cap, it is showing signs that it could grow into it.
Published 354 days ago
Last updating on fresh meat and food-to-go retailer, Crawshaw (CRAW) in September as the shares fell below 35p I particularly noted a first 7 weeks of the second half -15.8% like-for-like sales setback. With the company noting a further share price decline towards 20p, there is now a further “Trading update”…
Published 417 days ago
Shares in boohoo (BOO) have continued to storm higher since I covered them last month, and have crossed the psychological 100p mark on an intraday basis following the release of today’s interim results. With a £1.1 billion market cap, it is perhaps time to get off this particular train.
Published 418 days ago
Shares in shopping centre and other high footfall venue promotional and retail company SpaceandPeople (SAL) currently trade approaching 30% lower, at well below 30p, on the back of its results for the first half of 2016. Let’s take a look…
Published 422 days ago
Fitbug (FITB) has announced results for the first half of 2016, including claiming that its “strategy has seen encouraging progress… with our additional working capital and reduced levels of debt following our successful fundraise in July, the board is confident as to the company's future prospects”. The shares have lapped it up by approaching 12%, to 0.28p, but is there really “encouraging progress” and ‘confidence’ here? ...
Published 423 days ago
It’s time for another reference to share blogging supremo Paul Scott, who wrote in some detail on the subject of French Connection yesterday. While I share much of his perspective on this, I wonder if the bulls here might not be overly confident in their belief that the company is safe.
Published 428 days ago
After an announcement last week claiming an “exciting development” in the French market helped shares in the company higher to 5.25p, we’ve this week had another announcement from Vipera (VIP); “Broadened Customer Engagement Solutions Offering”. Hmmm…
Published 433 days ago
As someone who works in the fishing tackle industry as my day job, and have done so for nearly 20 years, I watched with interest as the first retailer in the sector floated on the AIM market last June.
Published 434 days ago
It doesn’t seem long ago that Game (GAME) went into administration. Amazingly, the company floated again within a very short period of time, and since then the share price has again been hurting investors. Could history be set to repeat itself?
Published 435 days ago
Excuse the title, but it seems to represent the state of play at Victoria plc (VCP). The company held its AGM this morning and accompanied it with a statement to shareholders to the effect that everything is fine. Not bad for a stock which has been an 8-bagger in just two years!
Published 437 days ago
Shares in Joules (JOUL) surged over the past few days in anticipation of the company’s annual results, issued today. They are indeed about as strong as anybody could have predicted.
Published 459 days ago
I’ve argued previously that H&T (HAT) was a great way to buy into a classic financial business with sound management and the added bonus of a positive gold price correlation. This morning, the company announced interim results which will see me continuing to hold on to my position.
Published 466 days ago
My friend Paul Scott made a brilliant call to buy boohoo (BOO) shares with conviction at 24p, shortly after a profit warning in January 2015. With the shares surging to 80p now, it’s been an incredibly successful trade.
Published 480 days ago
Hello Share Swashers. We all know that shares in Britain took a tumble on June 24 when the Brexit vote was announced. But then many shares recovered. Most property and building stocks, however, did not. So in my view, as the results of Brexit will become clearer later on and will be favourable, property shares are probably now one of the biggest bargains out there. Though of course, if you still fear the exit from Europe, then you won’t agree with me.
Published 488 days ago
Shares in Conviviality (CVR) are up by over 10% to nearly 200p today, although they are still somewhat lower than when I covered the company in May. The final results published this morning suggest that investors should continue to be very cautious about making an investment here
Published 490 days ago
Mothercare (MTC) has been a potential turnaround story for the past several years, and has doubtless tried the patience of many long-suffering investors. Thursday saw the release of a Q1 trading update.
Published 492 days ago
SuperGroup (SGP), purveyor of the SuperDry brand, is up 15% today on the back of encouraging final results. The brand is not short of sceptics but its results are doing most of the talking for the time being.
Published 493 days ago
Burberry (BRBY) has just issued a first-quarter trading update, which does little to alleviate the sense that trading remains difficult. But the market is also digesting the announcement of a new CEO and management structure, which is arguably much more important than short-term trading results. What does this mean for the shares?
Published 507 days ago
Long-time cash burning machine (sorry, “technology developer and digital wellness pioneer”), Fitbug Holdings (FITB) “is pleased to announce a proposed equity fundraising… and loan capitalisation”. Hmmm…
Published 509 days ago
Hello Share Dollies. We are entering the uncharted waters of Brexit. But captains of ships still have a raft (sic) of experience to draw upon, even when you don’t have a map. This is how Columbus discovered the Colonies. One thing - and they’re aren’t many of them - how I score over the vast majority of my colleagues is long experience of what has previously happened in our great game. I have observed the charts, day in day out for so many years that the only interruption of my studies is the couple of weeks when I courted Ann Boleyn.
Published 515 days ago
Premium lifestyle brand Joules (JOUL) is one of the freshest arrivals to the AIM market. Along with Hotel Chocolat (HOTC), Joules has been recognised as one of the higher-quality names to opt for AIM in recent months, and a sign that the junior market is still capable of attracting highly investable companies.
Published 522 days ago
Last month, I brought to readers’ attention the binary outcome facing investors at Havelock Europa (HVE), which must surely be worth multiples of the current share price if it can ever stage a successful turnaround. We have not had to wait long for further news.
Published 526 days ago
Online fashion retailer Koovs PLC (KOOV) is one of those companies where the market valuation continues to baffle me, and I can’t see any reason currently why the share price should be anywhere near as high as it is.
Published 528 days ago
If you are interested in retail shares then one of the more sensible uses of your research time would be to become familiar with the output of Kantar. Even for cheapskates like me there is a reasonable flow of free insights from the business research consultancy to provide a bit of colour.
Published 541 days ago
Interior fit-out contractor Havelock Europa (HVE) published its annual report today, putting colour and detail on 2015’s annual results. This has been an unprofitable business in recent years but the low market cap should be of interest to value investors as it attempts to stage a turnaround.
Published 542 days ago
NewRiver Retail (NRR), the AIM-listed real estate investment trust focused on the retail sector, has announced its annual results this morning. It marks the latest chapter in a stock which is likely to land in mainstream ETFs and funds later in the year.
Published 628 days ago
Sports Direct (SPD) has had a very bad few months, during which time it has seen around 40% wiped off of its market valuation.
Published 698 days ago
My sleep patterns disrupted by a late night screening of Star Wars and ealy morning writing to accomodate the travel arrangements of pizza Hardman Darren Atwater, I have only just woken up. The Mrs is out at a party with some Krauts and so I engage in a few reflections on a changing world and how that affects work and investment decisions. Malcolm Stacey is the cue...
Published 701 days ago
Hello Share Scrimpers. I think all those dire predictions for the end of high street shopping have been overdone. The internet may be scooping up a lot of the Christmas custom. But we should never forget that tons of that profitable traffic is linked to the big retail stores anyway.
Published 785 days ago
Dear readers…time for another confession. I may have over the last few months enjoyed shopping at my local 99p Store snaffling a bargain or ten (£9.91 worth!) of relatively near-date cereal, biscuits and chocolate not to mention various household goods.
Published 1056 days ago
I am now preparing for my third Christmas lunch. Duck, goat now goose. Each time followed by Christmas pudding. Ahead of that "treat" I reflect on possible liquidity events next week, tips of the year, Avanti Communications, Quindell, why I am bearish short and medium term, the folly of just publishing buy tips and question why anyone invests in retail any more. I just do not get it.
Published 1149 days ago
MySale Group (MYSL), which has established, online flash retail sales sites in Australia, New Zealand and South-East Asia and an expanding international presence has announced a first set of results (for its year ended 30th June 2014) since its far from smooth IPO in the same month. Do these suggest smoother progress now?
Published 1272 days ago
Researcher Edison has published a non-commissioned report on retail giant Marks & Spencer (MKS) arguing that a recovery story is emerging. The report suggests this will be “evolution not revolution” – i.e. not rapid but suggests that the shares are undervalued at a 445p share price.
Published 1282 days ago
I first commented on ASOS plc (ASC) on this website at around this time last year – concluding, with the shares then at 3755p, that despite the growth being recorded and growth potential, the valuation looked incredibly stretched to me – see HERE. In February this year the shares reached 7050p. The following updates with them now back to levels of May 2013 and following the recent publication of a consumer sector report by researchers Edison entitled ‘Challenging the internet premium’.