Tom Winnifrith Bonus Bearcast: AIM Companies starting to surf the wave of Blockchain madness - I've seen this all before
Published 13 days ago
Several of the once really popular oil and gas companies seem to have almost have been forgotten by investors, as progress has been far slower than had originally been expected and people have gone off seeking riches elsewhere.
Published 14 days ago
Hello, Share Smashers. At the mo, there are some nasty threats to our shares prices. High consumer, corporate and national debt. Comparatively high PE ratios. Over-cooked company valuations, low wages, higher inflation and a bull market, past its sell-by date. But all those perils can be offset by the following massive factor…
Published 56 days ago
Hello, Share Collectors. Many of us, I know, are still awash in oil stocks, both the producers and riskier explorers. I’ve been advising that we cut down, as the competition from wind, sun, waves and biomass, threatens to grow. But I think I may have been too hard on ebony nectar and here are a few reasons why.
Published 80 days ago
Ophir Energy (OPHR) has made far slower progress than many could have imagined a few years back, but the oil and gas fields which attracted many in the first place are still there, and the chances of them being developed still look very good.
Published 147 days ago
A couple of pieces this weekend on similar themes, namely insiders cashing in and unusual, or complete lack of, TR-1s. This first article looks at the astonishing amount of money seemingly made in no time at all by Chris Akers at Red Leopard Holdings (RLH).
Published 175 days ago
Hello Share Smashers. OPEC, the cartel of 12 big oil producers led by Saudi Arabia, has let us down.
Published 179 days ago
One of the most fascinating scenes I’ve seen for some time is the sight of Big Donald jigging around with some sort of weird entertainment put on by the Saudi’s for the President's visit. It almost made me forget the big benefit of this amiable state visit on share shifters like us. And that of course is that the President’s friendly reception sent the oil price up.
Published 196 days ago
Hello Share Grinders. Unusually for me, I’m a little pessimistic this weekend. And the cause - a very weak oil price. This is a big disappointment, as the signs a few months ago were that the price of the ebony nectar was on the rise.
Published 211 days ago
There suddenly seems to be a lot of excitement all over twitter and the bulletin boards about a tiny AIM shell called Infinity Energy SA (INFT) – but of course that wouldn’t have anything at all to do with the recent placing and placees looking to offload for a quick profit!
Published 224 days ago
Hello Share Chirpers. Once again, hostilities threaten the world. The Americans have launched a missile strike on a Syrian airfield. The Russians and the Iranians don’t like it. The Middle East is in even more turmoil.
Published 240 days ago
Saffron (SRON) has confirmed that it has completed the logistics for a tie up of its Bezzecca natural gas project outside Milan within budget and on schedule. Certificates for mechanical and instrumentation completion have been issued and safety and performance testing is underway.
Published 243 days ago
Hello Share Twirlers. Though the Footsie has been striding ahead, it would have done far better if the oil price had behaved itself. We are not just talking oil shares, but the whole of the share economy. A weak oil price has a negative effect all round.
Published 247 days ago
Saffron Energy (SRON) has announced the extension of the natural gas offtake contract between its Italian subsidiary Northsun and Shell. The contract has been extended to 1 October 2018, with an option to extend for a further year to 1 October 2019, and provides for offtake of gas supply for all of the Group's Italian gas fields.
Published 250 days ago
Hello Share Shakers. A bit of a dilemma faces me. I have some BP (BP.) shares in my ordinary trading account. I want to switch them to my ISA. When I do that, there’ll be an interim few days when I no longer hold the stock. For BP at the moment, this is a bit dangerous.
Published 254 days ago
Hello Share Masters. I’ve taken a long hard look at the budget from our point of view and found it improves the shareholder’s lot quite a bit. However, I’m no tax expert, so in case I’ve got anything wrong, please do your own research.
Published 263 days ago
There are times when a share continues to defy gravity for far longer than most people would expect, and that certainly looks to be the case with Mongolian oil explorer Petro Matad (MATD).
Published 276 days ago
Hello Share Toppers. Allow me to take a tiny break from recommending stocks which could soar to another figure which is on the increase. And that’s inflation, which has risen for the fourth month in a row. How will this trend affect our shares?
Published 283 days ago
Hello Share Poppers. I am doing rather well financially at the mo. And it’s my guess you are, too. So let’s stop moaning and try to enjoy life a bit more. I’ve pushed across some of the spare dough with my brokers into my current account as I intend to spend a little more on myself.
Published 288 days ago
Hello Share Pagers. The results of Royal Dutch Shell (RDSA) were not too clever. Profits down by another 37% on last time. But remember how lousy the price of Brent Crude is at the moment.
Published 294 days ago
In the current market environment, it is rare to find an ‘ahead of expectations’, growing company on a low prospective near-term rating. However, that is the case with Veltyco Group (VLTY)
Published 294 days ago
Hello Share Suckers. You’ve may have noticed, but probably haven’t, that I’ve been selling shares in some companies which I am heavily invested in. This is because times are uncertain and success with a few of my favourites, have left them a little top heavy in their pricing territory.
Published 307 days ago
Usually when shares in a small AIM company has risen by nearly 300% from the level where I recommended it as a buy, I would be advising to take your profits before the almost inevitable retrace that so many suffer from.
Published 318 days ago
The bulls among us are rejoicing at the beginning of the new year. But what’s causing the Footsie to beat its all-time highs?
Published 337 days ago
Hello Share Pickers. I'm in the middle of one of those interminable train journeys where you pass loads of familiar town names everybody knows, but where nobody ever stops. In this case Wilmslow, Hereford, Leominster, Ludlow, Crewe, Craven Arms etc. Well, have you ever been there?
Published 340 days ago
Hello Share Cybers. One does not like to preen. And to be honest I haven't had much justification lately, what with Advanced Oncotherapy's woes. But you will allow that I did see oil prices rising.
Published 348 days ago
Hello Share Twangers. I was beginning to worry that my predictions that the price of Brent crude would rise steadily were not going to happen. The ebony nectar value has been falling in the last month or so (by about 10%).
Published 381 days ago
Hello Share Diviners. Jim Slater's legendary book on shares, second in my view only to my own works, including the recent Share Attack, advocated investing in shares you really know something about. I seem to remember - though could be wrong - that the Zulu Principal got its name because his wife knew plenty of stuff about Zulus.
Published 396 days ago
Hello Share Smackers. You may be getting a little tired of my banging on about my expected recovery in the price of Brent crude. Never my, my vicar’s sermon on Sunday was all about the importance of ‘pestering’ if we want to be heard by the Almighty. So I’ll keep pestering you about this.
Published 402 days ago
Hello Share Twiggers. The price of oil continues to nudge up. As I write, it is only a whisper away from a 10 month high. I see no reason why that trend won’t continue, especially with winter drawing on and my central heating boilers going full pelt for the first time today. Another clue to rising oil prices is that big costs are returning at the petrol pumps.
Published 407 days ago
In my humble view, now could be a good time to return to oil shares. I certainly hope so, as I have lost a packet since the big oil crash which began a few years ago. I’ve gradually dumped my holdings in the hopeful explorers, but I still have major holdings in the big producers, like Royal Dutch Shell (RDSA), BP (BP.) and Tullow (TLW). All of them are well shy of their previous bests.
Published 438 days ago
Hello Share Scuffers. As I write the price of Brent crude is $47.62 dollars a barrel. That is lower than recent days when the price crawled back above $50. However, the trend is up and after reaching a nadir of $38 dollars a year or so ago, well the current oil price is a lot better now than it was.
Published 441 days ago
Petro Matad (MATD) has been one of the worst performing AIM oil companies in recent years, taking into account both its operations and share price.
Published 458 days ago
Hello Share Swiggers. If you have shares in producing oil firms you might want to consider hanging onto them. And if you have spare cash you might research a few likely companies with a view to a bit more investment. The reason is that the price of Brent crude oil is going up again. It is tickling $50 a barrel as I write. It was there a few months ago when the price level caused some excitement. Quite a few oil companies nudged up on the news, including Shell (RDSA) and BP (BP.).
Published 476 days ago
Hello Share Sponsors. As I write the price of Brent crude is $43 a barrel. That’s a lot worse than the $51 dollars it reached a few months ago. And the fall has been reflected in the share price of nearly all oil companies. For example, the share price of Royal Dutch Sell (RSDA) is off by about 5%.
Published 492 days ago
I am often left struggling to find smaller oil companies that actually look a good investment, as opposed to just a gamble on a single big drill, or where all of the potential future value is in the ground with no actual plan or finance in place to get it out!
Published 499 days ago
Hello Share Mates. My flight was about two hours late getting into Cardiff Airport after my trip to Munich. Then the plane was held for about another hour because all the lights had gone out in the terminal due to a massive power cut. So I missed the big match between Wales, where I live, and Portugal where I don't. Consequently I'm penning this in the early hours of the morning. Worse still, in a few hours' time, I will be under the surgeon's knife.
Published 508 days ago
Hello Share Cats. One thing the Brexit vote hasn’t attacked so far is the oil price. Well, Brent did go down a tiny fraction, but hardly worth noticing. And that could be due to world factors, anyway. Which reminds me that Royal Dutch Shell (RDSA) has risen for the two trading days since the Big Vote result was announced. I am a giant holder of Shell oil. It is the biggest lump in my portfolio. I already held a lot of Shell shares. Then it gobbled up BG and part of that deal was its handing over even more Shell stock.
Published 527 days ago
Hello Share Plungers. I’ve been teetering round some serious Royal Dutch Shell (RDSA) research for a week or two now. That’s because I - along with a goodly few other City commentators - expect the price of Brent to skid upwards. But why buy Shell shares in preference to those offered by all that competition? Because of size mainly. Shell is probably too big to fail and if that oil price keeps bubbling up, then good old Shell we will among the biggest beneficiaries.
Published 528 days ago
Hello Share Poodles. As so many of us hold shares in companies involved in the ebony nectar, it’s seems a good wheeze to once again bring you bang up to date on how the price of Brent crude should fare in the next few months. Because there’s little doubt that the value of the black stuff has a huge bearing on share prices. And not just those of oil companies, but nearly every other listed firm as well. It’s a question of high oil prices raising general confidence.
Published 564 days ago
Hello Share Chancers. It wasn’t so long ago that my colleague Amanda Van Dyke was getting it in the neck on this beloved website for commending us all to buy gold. Now those detractors have had to admit they were wrong. We heard at the UK Investor Show more than one expert say that gold was the thing to buy, still. But though I’m holding onto my gold miners, I am now switching my main hopes to a rally in the next business which is likely to hit back. after a very bad time.
Published 576 days ago
Currently I am wary of a lot of oil and gas producers, given some of the recent rises that we’ve seen, but there are still a few out there that seem to offer decent value.
Published 579 days ago
Noyota Minerals (NYO) says that it expects by the end of this week to have paperwork in place to call an EGM in 28 days time to change the board. Of course it does not need to go through an EGM the board could just do the decent thing and quit and fuck off as it is clear that no shareholders have any faith in the current team who have been overpaid abject failures.
Published 657 days ago
The weekend press is full of stories of doom and gloom and dividend cuts for BP (BP.) and Shell and clearly there are a stack of smaller companies that are totally screwed and where shareholders are likely to face total wipeout. In that vein I discuss Magnolia (MAGP), Igas (IGAS), Gulf Keystone (GKP), XCite (XEL) and, of course, LGO Energy (TOAST). But is there a case for buying oil shares as a long term invester. I look at a few cases from BP down to Union Jack Oil (UJO). Perhaps there is no rush but the time will come.
Published 664 days ago
I am sorry for the delayed podcast but I am only just back from time in the Grim Northern welfare safari with the mother in law and thus can now let myself go with a volley of bad language. I end with an explanation of who benefitted from the £150 million + Himex fraud at Quindell (QPP) laid bare earlier HERE and how it also affects Watchstone (WTG). Before that I talk of my annoyance on the silly blogger spats and the explain the difference between a cash shell and an investment company and why I regard our work on exposing the latter as invaluable. In the middle segment I have more bad news for oil companies such as XCite (XEL), IGAS (IGAS), Petroceltic (PCI) & Gulf Keystone (GKP) and for the sector as a whole but also for the markets. Dont blame China, we bears are still in the driving seat.
Published 669 days ago
When we are presenting our plans to fellow professionals, we often get asked, "Surely steam flooding is an EOR technique, why steam from the start?" It is a good question, as generating steam is not cheap, of course we have a good answer to the question and the more we think about it the better the answer gets (For the time-challenged: the answer's at the end in bold).
Published 718 days ago
Hello Share Trudgers. Having met some successful fund managers at the fabled Gold & Bears show, I’ve decided to start my own investment fund. After all, they just seem like ordinary blokes and lasses to me.nBut my venture will be based on an almost sure recipe for big money success. While its risks will be almost non existent.
Published 723 days ago
88 Energy (88E) was spawned from Tangiers Petroleum. As with many remakes they are often arguably never as good the second time around however 88 Energy appears to present some classic market mechanic traits of a firm about to do exceptionally well.
Published 724 days ago
Hello Share Trundlers. The big Royal Dutch Shell (RDSA) and BG (BG.) merger has been the elephant in the room at many a big discussion on current share trading.
Published 745 days ago
Hello share Mates. Those of us who have big holdings, or even small ones, in BG (BG.) have been on pins for most of a year now. That’s since Royal Dutch Shell (RDSA) announced it was to merge with the big oil and natural gas giant. The $70billion offer was in cash and shares and made BG shares worth about £13.
Published 748 days ago
As we celebrate the Celtic New Year, ShareProphets asks the old gods to bestow a special blessing upon Globo, who allowed ShareProphets to have a record-breaking week. Manannán mac Lir is probably none too happy about being asked to give a thumbs up to a big fraud like Globo, but I imagine that work is hard to come by as a Celtic deity these days.
Published 754 days ago
The man who claims that his family discovered the North Sea, who modestly describes himself as Britain's Buffett, the market abuser Chris Oil has today issued a stark warning to BP and Shell - their position is under threat...from Sefton Resources (SER) - net cash £300,000, no assets and set to be booted off AIM in less than a month. Well you heard it here first. Did his PR genius Steffi sign off on this tweet:
Published 824 days ago
There are quite a few share dilemmas to be resolved as the long hot summer of not very much happening draws on. The first is what do we do about oil shares. I certainly am not going to invest any money in those companies, which put all their hopes on finding more of the black stuff. I’ve been let down too often.
Published 920 days ago
Arria NLG plc (NLG) has announced “a paid for Proof of Concept Pilot Agreement with the UK arm of a global financial services group” – and the shares have currently responded by falling a further 1p to 6p. The following explains why…
Published 926 days ago
Hello Share Fans. When I was just launching into the golden game after the Big Bang of the eighties, a very nice chap, who became a big cog in organising the last Olympics, suggested I buy Dragon Oil (DGO).
Published 933 days ago
Shares in Arria NLG plc (NLG) currently trade approaching 70% lower today, at 9.5p, on the back of an announcement that its “contract with Shell has been terminated by notice given by Shell in accordance with its terms”. What is the outlook from here and what can be learnt from this situation?
Published 933 days ago
This is a stonker of an AIM casino disaster – a story of greed, stupidity, investors being misled and, as it’s the AIM casino, of private investors taking an almighty rogering. Meet Arria NLG.
Published 950 days ago
Hello Share Pickers. The fabulous UK Investor Show is coming up. Just a few days to go, now. It will be great to meet you in the Blogger's Cafe. I did time there last year and really enjoyed it. Picked up a few tips, too – like City of London Investment Group (CLIG) and Galliford Try (GFRD). And shares on both are still doing well.
Published 952 days ago
In this podcast I start with the debate between Wilderides and miserable froggie Thierry on Shell & BG Group but move to the wider issue of overconfidence ater a seven year bull market. Companies covered include Tungsten, Coms, 4D Pharma,, LGO Energy, Cyan, Plethora and Vipera
Published 953 days ago
Sentiment was boosted by news that Greece made a loan repayment to the International Monetary fund and continued M&A speculation. Greece’s future is still uncertain but what could be driving the market in the short term is M&A activity.
Published 953 days ago
Hello Share Tweakers. The BG (BG.) takeover story started very well with a rise of 40% on the share price of a few days earlier. That was because Royal Dutch Shell (RDSA), one of the biggest companies in the Footsie, seek a juicy merger.
Published 954 days ago
Hello Share Chippers. For the last few months, I've felt a bit of a fraud. I've been telling you about some companies I thought were good investments. Some have gone onto to new all-time highs. Inmarsat (ISAT). Legal and General (LGEN) Compass (CPG) Arm Holdings (ARM) have all done really well.
Published 955 days ago
I start by defending NonDoms. Do not get me wrong the owner of Chelsea FC is not my fave guy but the politics of envy is self defeating. Then to stocks - I start with the China Norfolks and then it is onto Coms, blinkx, Trinity Exploration, the BG/Shell deal and what it means for smaller oil stocks and Starcom.
Published 1016 days ago
We have now had the 2014 prelims for both BP (BP.A) and Shell (RDSA) which gives us the opportunity to do a bit of comparing and contrasting of these two giant, integrated, international oil and gas businesses. Basically and very simply, they have much in common as investments at this time.
Published 1045 days ago
It’s not been a pretty period for the oil price. On Monday (Monday 5 January) ICE Brent Crude Oil fell by a whopping 5.95% to just over 53 dollars a barrel. On Tuesday (Tuesday 6 January) it was down a further 1.05% to 52.50 dollars a barrel. The slide continued yesterday.
Published 1064 days ago
As the famous Dame Shirley Bassey sang, “it's all just a little bit of history repeating”.
Published 1080 days ago
The latest word from Sefton Resources (SER) is not good and must give rise to fears that Jimmyliar Ellerton is going to steal its last not totally worthless asset.
Published 1148 days ago
Hello Share Mates. I’m beginning to regret holding so many shares in the big oil companies – like BP (BP.) Royal Dutch Shell (RDSA) BG (BG.) Tullow Oil (TLW) et al
Published 1162 days ago
Paul Johnson, non-executive director of Metal Tiger (MTR), is confident the company is poised to deliver a stunning turnaround. Formerly called Brady Exploration, this was one of AIM’s many little disaster stories. However, that is in the past and with new management, a new strategy and a refinanced business, Metal Tiger could be one to watch in the coming years, as the resource sector recovers from its savage bear market.
Published 1164 days ago
Royal Dutch Shell (RDSA) shares are trading at 2530p on a PE of 15.53 and offering a yield of 4.43%. So should you buy, sell or hold shares in the largest company in the FTSE 100?
Published 1184 days ago
A month ago, I wrote a critical piece about Chariot Oil & Gas (CHAR) in reaction to its £8.8million placement. The company has responded perfectly. It didn’t petulantly jump up and down, demanding a retraction, but instead approached me, asking if I’d like to talk directly with CEO Larry Bottomley. I thought this was a risky move on Chariot’s part, as our reputation here for not taking prisoners is well deserved. However, the request was courteous and seemed genuine. I was happy to take the call on the understanding everything we discussed would be on the record and I wouldn’t write a PR puff piece. Chariot agreed and Mr Bottomley was refreshingly candid in his answers. In this first piece I deal with the looming deadline for the company’s Central Block licence, offshore Namibia.
Published 1192 days ago
The global market for smartphones is exploding. Smartphone users worldwide are set to reach 1.75 billion this year. But there is a serious problem: battery technology is lagging behind. Which is why this opportunity is so exciting…
Published 1200 days ago
It’s hard to look like a genius in a bear market. This is exactly where we are today. Bear markets don’t last forever and nor, sadly, do bull markets. You look like a fool in a bear market and like a professor in a bull market, the trick is to not do too badly when markets slump and to do really well when they rally.
Published 1205 days ago
Hello Share Snafflers: The latest trading update by Royal Dutch Shell (RDSA) has well exceeded what City analysts had predicted. Such reports often do these days, as the 'experts' continue to under-estimate the effect of increasing growth on world economies.
Published 1242 days ago
Commissioned researcher Edison has published a new report in the wake of the $140 million funding package secured by Xcite Energy (XEL). It reckons that the shares, now 63p, are worth 146p.
Published 1275 days ago
My recent commentary on Xcite Energy (XEL) has put me at odds with some of my colleagues here at ShareProphets. Despite what many of our faceless critics have to say, one thing I love about working with this company is that we support genuine debate. We don’t impose myopic, rigid editorial positions and we recognise it takes opposing views to make a market. Above all, we encourage our contributors to write what they genuinely believe. In the case of Xcite, the more I read about and research the path this company is now on, the more bullish I feel about its future.
Published 1901 days ago
It is a strange old world and I gather that some folks reckon that there is a bid on the way for AIM listed oil exploration penny share Wessex Exploration (WSX). I bet you 5000 Albanian Lekke that there is not and as such I would rate this stock, at 7.3p, a sell. If you want exposure to Guyane (the only real asset of note in Wessex) I would obtain it by buying AIM listed Northern Petroleum (NOP) at 67.5p.