Tom Winnifrith Bearcast - in awe of Cynical Bear and all my colleagues and feeling like a prat ( or not) over the AIQ scandal
Published 33 days ago
Time to check in with my favoured UK energy and related sector play Wood Group (WG.) which, some of you may recall, I named as one of my tips of the year for 2018. The rationale was basically twofold. First, higher energy prices naturally improve the environment for most corporate names servicing the sector. Meanwhile second, the company had significant self-help sourced from the synergies it could gain from its increasingly timely looking acquisition of Amec FosterWheeler. Beefing up exposure and market share as a sector is coming off the bottom is typically a good probability way to create shareholder value. So how is it getting on?
Published 86 days ago
An 8p offer price on the initial recommendation piece, shares in Goldplat (GDP) currently trade slightly higher after Update on Negotiation with Rand Refinery and Modification to option Terms between Ashanti Gold and Goldplat for the Anumso Gold Project announcements thus far in January…
Published 100 days ago
Well, well, well. Just when you thought that you have seen it all...the stock market can continue to surprise.
Published 115 days ago
Between December 24 and January 2 we are serving up 24 share tips of the year from our team of writers at ShareProphets. The share tips are for paying subscribers only. Next up, the first idea from Lucian Miers.
Published 378 days ago
I think I should rename Deputy Sheriff Towers as Smug Towers. Having offered two sells in the ShareProphets Tipfest for this year, Igas Energy (IGAS) duly crashed to bottom out at 4.5p (I’d been saying sell from 18.5p - last year’s Christmas tipfest, and then 11.625p this year). Last week came the turn of Filthy Forty play Taihua (TAIH) to do the decent thing and collapse in the wake of an entirely squeaky clean suggestion that it delist from the Casino. There’s nothing wrong here at all – move along please, nothing to see……
Published 389 days ago
Noting the balance sheet in conjunction with its trading, towards the end of 2016 I put forward Sabien Technology (SNT) as a sell tip for 2017 at 3p – questioning at what price another attempted bailout fundraising so soon after the previous one? We now have the answer…
Published 519 days ago
As Tom Winnifrith described the 3:59pm Thursday “Offer for Avesco Group plc” (AVS) announcement; “FECK ME”…
Published 586 days ago
Since previously updating on my share tips of the year last month – see HERE, both have had significant news…
Published 604 days ago
I previously updated on my share tips of the year just after the Brexit vote – see HERE. The following updates on developments since…
Published 614 days ago
You cannot complain when one of your tips of the year has put on over 35% in the last eight-and-a-bit months, but it would be fair to say a month or two into the year even I wondered what I had let myself in for with BHP Billiton (BLT).
Published 705 days ago
Published 773 days ago
Specialist recruiter InterQuest Group (ITQ) has announced results for the 2015 calendar year and that “the new financial year has started positively”. Good News.
Published 864 days ago
I concluded Tuesday’s write-up on faded mining giant Anglo American (AAL) with the observation that it was currently uninvestable because the plan outlined lacked in detail and with debt a twice the market cap was half baked.
Published 987 days ago
“Toast”. I nearly spat out my breakfast when I heard the CEO of Randgold Resources (RRS) use that word to describe the majority of his competitors in the gold mining space at prevailing commodity prices.
Published 1011 days ago
Published 1128 days ago
Having yesterday updated on my first share tip of the year for 2015 HERE, the following updates on my other two selections – for which it is a case of so far, so good…
Published 1130 days ago
K3 Business Technology (KBT) was my first tip of the year for 2015 and, post recent results and a research update, the following updates on developments so far...
Published 1198 days ago
OK so today I’ll give you my thoughts on other areas – so Airlines and Tour Operators, which Are my hobby sectors, and also a little bit on Energy as that is also an area we are looking to get more involved in and Agri
Published 1210 days ago
As I noted in my ten macro themes for 2015 article (HERE) the analysis that Steve Moore and I serve up is bottom up – that is to say company specific – not so much macro driven. But the odd macro think session establishes useful tramlines for the investment process. My first, second and third share tips for 2015 are already live and so onto Number 4.
Published 1210 days ago
I tipped BP (BP.) last year at 484p on the basis that the shares looked good value and without the foresight of knowing that the price of crude oil would fall so far and so fast, particularly given the recovery of the US economy and the eternal problems of the Middle East. Not a good call in hindsight.
Published 1210 days ago
Diamonds seem to have escaped the worst of the carnage that has afflicted other commodities, from gold to iron ore and participants in the sector, perhaps unsurprisingly, claim to see a widening of interest in the dazzling gemstones, from China to the Middle East, with a new emphasis on their potential merits as investments as well as adornments. One such enthusiast is Philip Manduca, former hedge fund pioneer, brother of the head of the Prudential insurance giant and chairman of AIM-quoted Paragon Diamonds (PRG).
Published 1212 days ago
Scancell (SCLP) is a biotech stock I’ve been keen on for some four or five years. The statistics on getting new treatments through clinical trials and regulatory approvals are terrible, so we are certainly at the high-risk end of the spectrum, but I believe the risk/reward is favourable and I like the company, management, the way it behaves (important!) and the products currently being developed. Here is why.
Published 1213 days ago
One of my highlights of Christmas was a gathering of the friends of the woman I once referred to as the deluded lefty, that is to say the Mrs. I was ill so, having cooked for them, I retreated to bed with the cats, but coming down for a cup of tea I heard the most deluded of the lot of them (they are nearly all sociology lecturers) opine that she had “applied for research funding to study how black women are suffering in the recession.” Where does one start?
Published 1213 days ago
I last wrote about Purecircle (PURE) in March and predicted that 2014 would be the year for the big collapse. I was wrong: the permascam that is Purecircle has remained rock solid while all around it our favourite bear trades have borne fruit. Indeed, for the price of Purecircle (£940 million) you could now buy Quindell. Gulf Keystone Petroleum, and Globo combined and still have change left for Iofina.
Published 1289 days ago
Drug maker AstraZeneca (AZN) was my tip of the year here at Shareprophets. So far this year the stock is up 16% against a drop of 6% on the FTSE 100. Of course at the time when I tipped Astrazeneca I had no idea Pfizer would bid for the company and there was no Ebola scare.
Published 1416 days ago
International staffing group Empresaria (EMR) was a 2014 share tip of the year from me on this website at 38p. Since my previous ‘tip of the year update’ on it, the company has announced results for the 2013 calendar year and some detail of “a promising start” to the current year. With the shares currently at 46.5p, the following updates my view.