Thursday 17 August 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


Stuttard’s Septic Seven April update: Happy Easter Mr Stuttard, you are down 55%!

By Nigel Somerville, the Deputy Sheriff of AIM | Sunday 16 April 2017


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Obviously the world’s most successful growth market is tightly regulated and supervised by Marcus Stuttard’s oxymorons of AIM Regulation, who seem incapable of applying their own rules. That is why we selected a beautifully diversified portfolio of stocks which we have Red Flagged here on ShareProphets but since Mr Stuttard’s well-oiled regulatory machinery is just so good there must be nothing wrong. Nothing at all…..which is why after 200 days the portfolio is down by 55%. Oops.

Out of seven stocks we have now seen CloudTag CTAG) booted off (Nomad resignation), African Potash (AFPO) given the heave-ho for the same reason, ShareProphets AIM-China Filthy Forty Jiasen (JSI) depart stage left via the voluntary euthanasia method.

Now fellow Filthy Forty play Taihua (TAIH) – having just completed a buy-back into which its chairman dumped his entire holding – has announced plan to follow suit. Having started at 2.75p and hung around there for most of its time in the Septic Seven the selling price has completely collapsed to just 0.25p as at Friday’s close.

Taihua will be the fourth AIM departure from our seven, and the index has only been around for 200 days. But as well all know the Casino is well-regulated and there is no problem of fraud so there is absolutely nothing to worry about.

As for the scores on the doors, you will now see two zeros, minus 100%-errs (the delisted Jiasen and CloudTag). African Potash somehow clambered into the ISDX (now NEX) lobster-pot so isn’t a zero, merely minus 84%.

With the runaway winner – Filthy Forty play Aquatic Foods (AFG) – flat (ie no loss, no gain) the best the portfolio has to offer it does rather appears that Mr Stuttard has laid a rather seasonal (Easter) egg.

 

start (mid)

now (mid)

Change %

AFG

12.5

12.5

0.0

AFPO now on NEX

0.185

0.03

-83.8

CNEL

1.525

1.2

-21.3

CTAG - delisted

18

0

-100.0

EDEN

11.5

11.25

-2.2

JSI - delisted

3

0

-100.0

TAIH

2.75

0.625

-77.3

       
   

Average %

-54.9

 

 


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