2229 days ago
Two days, two bull articles on IQE (IQE). It has worked and I have been goaded here is is why Malcolm Stacey is talking bollocks. I also reference the fraud Eden Research (EDEN) in this discussion on profit being a matter of opinion and that is why cash matters. I discuss why being a liar is bad news as a CEO ref Mkango Resources (MKA) then tease Andrew Monk and Richard Jennings about Gulfsands Petroleum (GPX) - their oil analysis as bad as their Syria analysis on this occasion. Then it is onto Flybe (FLYB) and a detailed discussion of the looming cash crisis and joke valuation at Sound Energy (SOU). I suggest SalvaRx (SALV) run by my good friend Jim Mellon faces a bit of a cash issue. Then I explain why I have cut my UK Oil & Gas (UKOG) target price to just 0.25p making it, at 1.125p, still a slam dunk sell. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
2959 days ago
I seem to have annoyed a lot of folks with an early article on the attacks in Belgium HERE but I am unrepentant and go on to point out a few other things most folks dare not say. From that mess created in the Middle East to another - Gulf Keystone (GKP) and why its RNS today is so bad and tells you 1p is the best case scenario. Then onto what was 3 Legs Resources but what is now SalvaRx (SALV) and why I find what has gone on just not acceptable. I also comment on stock manipulation, Sirius Petroleum (SRSP) and Gulfsands Petroleum (GPX) which I cover in more depth HERE
2959 days ago
The free float in Gulfsands Petroleum (GPX) is tiny but - for a second time in recent weeks - it has today had to state that it knows of no reason for its share price roofing it. I should cocoa - the maths are insane.
2959 days ago
In this podcast I look at United Cacao (CHOC) and also Gulfstands Petroleum (GPX) but the bulk of this edition covers the ramping of Horse Hill stocks by an unholy alliance of flip flop, Jabba and others. The trouble is that their analysis - I use the word loosely - is based on Leni-Maths and Leni-Maths does not add up.
2970 days ago
The sizzling rumours - MX Oil (MXO) and Moneyswap (SWAP). I start and finish with a favour to all of my younger or more IT minded listeners. If you can please action that today it would be fab, Then I move on to look at Gulfsands Petroleum (GPX), Nighthawk (HAWK), Stanley Gibbons SGI), Starcom (STAR) and, in some detail, Cambian (CMBN) - where I do hope you heeded my warning 141 days ago HERE.
3036 days ago
Quelle surprise, the open offer of shares at 4p from Gulfsands Petroleum (GPX) is going to bomb. As someone who called the shares out as a sell at 111.75p to much derision from the Bulletin Board Morons who - of course knew far more about oil and shares than did a dumb alcoholic pizza boy - it is somewhat gratifying to see the shares now trading at 3.5p to 3.75p.
3117 days ago
On today's podcast I discuss why the looming battle in the High Court is so important and why the morons cheering on Julian Hamilton Barns against my foxy legal team prove themselves morons for doing so. Then onto Fishing Republic (FISH) with more fishiness revealed followed by Gulfsands Petrolem (GPX), Sefton Resources (SER), Capital Lease Aviation (CLA), Record (REC), Auhua (ACE) and finally a long piece on UK Oil & Gas (UKOG), analysing it - something its moronic bulletin board cheerleaders patently fail to do.
3244 days ago
In today's regular podcast I look at Emerging Market Minerals -a disaster that has only partly happened today, a lot more to come on this one. Then on to Gulfsands Petroleum, Tungsten, Redhall, Mosman Oil & Gas and the conceit of City brokers.
3327 days ago
I save the best, Quindell, to the end of the podcast but ahead of that cover Gulfsands Petroleum, Igas, Gulf Keystone, Northern Petroleum, Mosman Oil & Gas, Afren, Digital Globe ( read Steve's piece HERE), Daniel Stewart, Gate Ventures before ending with Quenron and PWC.
If you enjoy this sort of thing you will love UK Investor Show. With fewer than 200 of 2,000 seats left for April 18th book your place now HERE
3327 days ago
As a long term bear from more than 100p down I note with grim satisfaction that following its latest admissions Gulfsands Petroleum (GPX) sees its shares at just 25p. I warned you. This is a tale of disgraceful boardroom antics as well as a cash crisis. I name the guilty men and have kind advice for both the new board and those investors who ignored me and listened to others and stayed on the shareholder list.
If you enjoy this sort of thing you will love UK Investor Show. With fewer than 200 of 2,000 seats left for April 18th book your place now HERE
3405 days ago
Even on a day with no news there is plenty to say. I start with President Petroleum in this podcast but then move on to look at EMED and Gulfsands Petroleum where there are similarities in terms of how failing management seeks to defend themselves from attack. And then, in detail onto Quindell where the silence is ominous re both Mr Fielding and also PWC where I hear that an interim report has been presented.
3420 days ago
In a wide ranging and opinionated (natch) podcast Tom covers Ultrasis, the nature of investing, EKF Diagnostics, Share PLC, Audioboom, Igas, Gulf Keystone, Gulfsands Petroleum, Northern Petroleum, Central rand and natch Quindell
3439 days ago
The Albanian olive pickers have still not arrived and may well be replaced with Greek workers later today. I am now very angry. Will I make it home by Christmas at this rate? In this podcast I look at Range Resources (RRL) - suspended again and reveal the REAL story of my battle to tell you the truth about this POS - Beowulf Mining, Kalimantan Gold, Daniel Stewart, Naibu, Pressfit, China Chaintek, Gulfsands Petroleum and of course the fraudsters at Quindell
3442 days ago
I start with a couple of the less pleasant tweets and Bulletin Board posts of the day. Some folks really are sad mothers. I move on to IGAS and then to Proteome and Globo before having a detailed butchers at Gulfsands Petroleum (GPX) and its (lack of) cash position. I end with a discussion of investor rage at the state of AIM. This is 2002 all over again. What is driving it and is there a great healer other than time.
3711 days ago
Earlier this week my colleague Gary Newman argued HERE that shares in Gulfsands Petroleum (GPX) might be worth a punt on the basis that it could jump if matters in Syria were resolved. Having called this as a sell at 111p HERE and again at 43p on January 10th HERE I disagree. Here’s why.
First up is the cash position. It is dire. I noted on January 10
3761 days ago
To much derision from the Bulletin Board Morons, Isaid that this was a sell just under 11 months ago at 111.75p and today the shares are 43p. So is it still a sell or it time to bargain hunt Gulfsands Petroleum (GPX)?
4048 days ago
On 15th February I suggested selling shares in AIM listed oil producer and explorer Gulfsands Petroleum (LSE:GPX) at111.5p. The shares are now 96p. One reason NOT to sell is that Gulfsands is debt free and has net cash but I wonder how much it actually has. A buzz of IR activity of late makes me wonder if there might be a placing ahead.
4090 days ago
A report lands on my desk today from Edison Research on AIM Listed Gulfsands Petroleum (GPX) entitled “The road out of Damascus.” This report was commissioned by Gulfsands ( i.e. paid for) and so one would not expect a bearish conclusion. ‘tis always the way with research reports from commissioned firms ( like Edison or Hardman) or from a house broker – they want to say buy but sometimes just cannot do so. And so you get what is known as a “corporate hold” . i.e. sell. There is no recommendation on the report but with the shares at 111.75p it sets a risked valuation of the stock at 119p. I cannot see why anyone would buy a share for just 6% upside. Any sane investor would sell and switch into a stock with more upside.
