14 minutes ago
Poor Nihal on a must be near six figure salary, Arthanayake says that his mental health is suffering from being in an “overwhelmingly white” environment at the BBC. In the UK 81.7% of the population is white according to the last census. Round at the BBC, where Nihal is a presenter on Radio 5, the latest stats show that 16.4% of the workforce is not white but the corporation is targeting a 20% figure.
1 day ago
And so after lunch it was Peter Hambro (gold), Dominic Frisby (Bitcoin and a bit of gold) and me ( no longer convinced by either) on stage. Both guests knew their stuff and were excellent but I wonder if this debate is really of that much interest these days.
1 day ago
The ex ShareSoc supremo, succeeding he who shall not be named, was, you may remember, a big fan of this stock at c5p insisting that it was not going to have to issue shares again on the basis of a research report by the esteemed house of Goldman Sachs, ooops I meant Turner Pope. Well quelle fecking surprise….
1 day ago
Its shares are suspended pending clarification but over at AIM listed Scotgold (SGZ), the worthless company promoted by BBC lies, things go from bad to worse and shareholders should brace themselves for a wipeout soon.
1 day ago
Today’s interim results from Supply@ME Capital (SYME) have the usual features with the promises of jam tomorrow from the CEO Alessandro Zamboni but in reality, there are tiny revenues of just £77,000, negative gross margins of £108,000, pre-tax losses of £2,561,000, net liabilities on the statement of financial position of £2,146,000 and a material uncertainty caveat over going concern. So very much business, or rather lack of it, as usual.
1 day ago
The FCA approved the prospectus for Regtech Oen Project (RTOP) to list on the Standard segment of the Main Market on 25 August. Today, just a month later there is a disaster. I have warned the FCA abut this, surely it must consider an enquiry into how it has fecked it up yet again.
1 day ago
On 13 September the cash guzzling, drowning in debt, red flag laden POS that is Ben’s Creek (BEN) said that its audited results would be published on 27 September. On 27 September, at 4.36 PM Ben’s said that the numbers would be out on 29 September as it just had to finalise a few audit matters.
1 day ago
Cross dressing IT consultants from Northampton and other fools who knew better than the Sheriff are spitting out their cornflakes in anger this morning because Bidstack (BIDS) has today served up a shit show so bad that even I did not expect it. It’s a disgrace even by the standards of the AIM sewer. So much of a disgrace that 2 directors have resigned with immediate effect. Put it this way, ex COO Camila Franklin, I would not want to shag your CV after your 12 month stint at this con.
1 day ago
The writing was on the wall, I did warn you. I look at the dogs first, Inland (INL) and IOG (IOG), then correct my previous comments on Lord Browne of BP (BP), then look at Ceres Power (CWR), Ben’s Creek (BEN), Belluscura (BELL) and Avacta (AVCT)
1 day ago
Asset manager and author Michael Gayed says that there is overconfidence amongst investors that the economy will avoid a recession, despite increasing default risks. Additionally, most believe that stocks will continue to outperform, even though the charts are not indicative of a new bull market.
1 day ago
The maths for David Beckham backed CBD come seaweed to net zero play Cellular Goods (CBX) are grim and at this rate it won’t be Posh Spice taking it up the xxxx but shareholders. The Fat Lady (clearly not Ms. Spice) should be readying herself for a Christmas gig.
1 day ago
You can tell a lot about a company by the quality of its shareholders. As such before we deal with interims from Avacta (AVCT) I bring you two posts one after another from the ADVFN Bulletin board before my thoughts and those of Evil Banksta:
1 day ago
Helios (HUW) is an AIM company but for today’s howling schoolboy accounting errors its shares should be suspended at once. Let me explain.
1 day ago
Chef Vijay made the food for my wedding ten years ago and the Christening of Jaya last year. Though not present himself he sent a charming young lady and everyone tucked in from the youngest ( Jaya and Joshua) to er….Peter Hambro there were no complaints.
2 days ago
Shameless David Lenigas tweets (as you can see below) that to cure poverty in African he wants to do another Lonrho. This is not the Tiny Rowlands “unacceptable face of capitalism” Lonrho but a latter version controlled by Lenigas from 2006 and sold to some Swiss chaps in 2013 for 2.9 billion Rand. What follows shows Lenigas has no shame.
2 days ago
In today’s Bearcast I discuss my morning with the Cheshire fuzz tomorrow, Optibiotix (OPTI), Ben’s Creek (BEN), Itsarm (ITS) and Bluebird Merchant Ventures (BMV). Footnote: after hours in a statement that does not wash Ben’s Creek stated: ““Further to the Company’s notification on 13 September 2023, that there will be a small delay in the Company’s full year results announcement and the publication of the Company’s annual report and accounts for the year ended 31 March 2023. The Company now intends to publish its annual report and accounts along with the accompanying final results announcement on or before 29 September 2023.”. RED FLAG
2 days ago
After Brian Kinane finished it was myself and Peter Brailey on oil stocks. I want you to appreciate how awful is his dress sense. Jim Mellon’s dog could not handle Peter’s shirt and went outside to talk to one of my cats and also to my wife and Dominic Frisby, a man sporting an equally high volume jacket. My wife is the lady not leading the dog, that is Jim’s sister.
2 days ago
At 8.30 the first folks arrived to a lawn basking in glorious sunshine and breakfast was served: croissants with a range of home made jams, plus plenty of coffee, tea and orange juice. The bar did not open until 9.30 in a vain effort to keep Lucian Miers under control.
2 days ago
On 13 September 2023 Ben’s Creek (BEN), the overvalued POS run by disgraced Adam Wilson & Peter Shea of Atlantic Carbon and Daniel Stewart infamy announced that “Bens Creek expects to announce its full year results for the year to 31 March 2023 on Wednesday, 27 September 2023.”
2 days ago
This is a company which is a dirty polluter and is only not bust thanks to the utter insanity of Sir Ed Davey, the leader of the Lib Dems from his time as a minister in the coalition Government. It is a scandal and one funded with £11 billion of your cash..
3 days ago
Pete Brailey shared three big shorts at ShareStock. All three should be familiar to you and all three begin with P and claim to be oil companies.
3 days ago
I start with why I am a bit sluggish and regrets from Saturday. Then to whatever Fox Marble is called these days, Microsaic (MSYS) -another ouzo moment, Victoria (VCP) which should be suspended and Invinity (IES) and the Monkey business
3 days ago
On 7 September Tintra (TNT) announced that it was under a potential offer from LRB35 Limited. LRB’s proposal was of a possible offer at a price of 150 pence per Tintra ordinary share in cash, with a share exchange alternative
3 days ago
In today’s podcast I look at ASOS (ASC), Belluscura (BELL), Versarien (VRS), ICG Longbow (LBOW) and lessons learned from the ouzo moments and 100% vindications today at MGC Pharmaceuticals (MXC) and Cook’s Coffee (COK) another disaster from Andrew Monk’s VSA Capita (VSA).
3 days ago
Shares in MGC Pharmceuticals (MXC) were 2.25p valuing the crock at £70 million when I published my first explosive dossier HERE just 20 months ago. Of course folks like broker Turner Pope, evil PR Spinners IFC Advisory (not having a good day are we chaps?) and the bulletin board morons knew better than silly old TW. I’ve kept on exposing this all the way down and today the shares are down by almost 50% on the session at just 0.055p after more disastrous news.
3 days ago
Now I really am ashamed to be the unwitting owner of £120 worth of shares in VSA Capital (Very Sexy Andrew), the broker and financial adviser run by egomaniac Andrew Monk, a man – as he mentions daily – educated at Oriel College Oxford. In November of last year VSA racked up a big corporate fee getting an Aquis dual listing for New Zealand listed coffee chain Cooks Coffee (COOK). Cook’s was – as I showed here – insolvent at the time and VSA’s forecasts to get the IPO away were a disgrace.
3 days ago
I cannot say how much I like and admire and am grateful to Nigel Wray. He was one of a select group at my last wedding 10 years ago and he will be invited to the next one. Not that there will be a next one! But should one go into bat against Wray? This is the first idea from ShareStock at the weekend.
3 days ago
The annual report from carpets roll up/financial engineering play Victoria (VCP), run by colourful Geoff Wilding, is out this morning and contains a shocking admission. But there may well be far more, here is why we do not know what skeletons are rattling in Victoria’s closet.
3 days ago
I might have, now and again, referenced the tweet below from Gerry “the arse” Brandon about me. At a time, just under three years ago, when Deepverge (DVRG) and MicroSaic (MSYS) were AIM sewer high fliers, Brandon dismissed my analysis, research and lack of accounting knowledge and trolled me till I blocked the shyster who was widely celebrated on the Bulletin Boards for putting me in my place and exposing my ignorance ….34 months later….
3 days ago
You may remember that a few weeks ago Andrew Monk got pretty furious when I suggested that he was taking Invinity Energy (IES) to see a stack of Canadian fund managers to lay the groundwork for the next bailout placing. Today we have interims and it is blindingly obvious that as part of his degree in name dropping at Oriel College Oxford, Monkey did not do any maths but he might have done a paper on misleading investors. Natch Invinity boasts of “record” sales and muppet investors seem impressed by that ignoring the company’s own admission today that it is running out of money.
4 days ago
Maybe what grabs you are the windows either side of the tree. If you look closely you will see that the ones on the right are bricked up and painted. These are an unusual sort of “wndow tax window”. Because this part of the house was the side folks saw as they took their milk down to the river to be shipped to Chester, this was the part “dolled up.” I could not unbrick the windows if I wanted as they are one of the reasosn that the hovel is listed. But I rather like them. In between the windows is a Christmas treat I picked up today. It is the annual “victim.”
6 days ago
So an “Irishman”, apparently, one of those Paddy’s born in North Africa, pulls out a knife and stabs a woman and three kids in Dublin.
6 days ago
As a stalwart member of his chapel, my son Joshua is very much a traditionalist when it comes to Advent calendars. Last year there were howls of protest when the Mrs got one from the chapel which turned out to be loaded with chocolate. And thus I have returned to the company recommended by my old pal Malcolm Stacey, HERE
6 days ago
A couple of weeks ago we had that rare occurrence, the Mrs. joining me at the school gates to pick up Joshua and Jaya. Honestly, there are folks in this village who must think I am a single mum so rarely does the Mrs take part in the school run. But on this day, Joshua was clutching a red dragon and also had a Welsh flag badge pinned to his chest next to the School Council badge and an owl badge which is, I think, a club for clever cloggses. Joahua and his pal R are clever cloggses now doing reading lessons with kids 2 years older than they are.
9 days ago
I think it was a success and hope folks all enjoyed it. I think we will do it again. I reflect on the short and long ideas that were aired although many things were said which I wouldn’t dare repeat.
9 days ago
UK supermarket real estate investment trust Supermarket Income REIT (SUPR) has announced its results for its year ended 30th June 2023 and notes a slightly increased dividend per share of 6p.
9 days ago
Steve will be at Sharestock tomorrow and I think there is a lot more to come from Optibiotix (OPTI) which I kick off with in today’s bearcast. Then the scandal at Regtech Open (RTOP) for which P45s should be flying at the FCA, Vast Resources (VAST) and – a reader request- Falanx (FCS).
9 days ago
However Lyin’ Steve Sanderson, the grossly overpaid chairman and CEO of UK Oil & Gas (UKOG) tries to spin it, today’s news from its piss poor Turkish operations screams out “when’s the next bailout placing suckers?” At least owners of this stock are used to it. Thanks to the issue of gazillions of shares over the years guess what the losses are for those buying at the top in 2015?
9 days ago
Obviously, when your adviser spends most of his time playing golf or practicing the name dropping he learned from his time at Oriel College Oxford, you may not be reminded of your obligations to keep investors informed about your financial position. Perhaps that is why Caracal Gold (GCAT) did not bother telling investors last year that it had taken out a death spiral for almost five months. Or that loan finance it had said it had secured had not arrived.
9 days ago
Investor in early stage financial services businesses B.P. Marsh & Partners (BPM) has issued an update on its half year-ended 31st July 2023 and emphasises that it “remains positive regarding its ongoing performance”.
9 days ago
https://www.thejc.com/lets-talk/all/i-thought-we-had-reached-peak-gary-lineker-i-was-wrong-6eGulrmHlEfXnFvfnDlsJ5
9 days ago
This is laughable. The conclusion of a report out today on deaths during the great plague of 1348-50, aka the Black Death, in London is that “higher death rates amongst people of colour and those of black African descent was a result of the “devastating effects” of “premodern structural racism” in the medieval world. Natch the BBC is delighted by this study from the Museum of London. But does the data actually support such a claim? What do you think?
10 days ago
The portrait below was one my father owned. On his demise I picked it up as nobody else wanted it. The writing in the top left-hand corner says that it is James Bertie, the 1st Earl of Abingdon, a man who lived from 1653-99 and was a fairly important figure in 17th century politics. But was this a genuine portrait and how did it come into our possession?
11 days ago
We didn’t buy Big Bear, pictured below. He was given to us by someone looking after the hiuse one summer. We just came home to find him sitting at the kitchen table with some pots of porridge in front of him. These days he sleeps in the same room as Joshua and Jaya but the Mrs and myself have been quite keen to give him to a charity shop. But now he has been saved.
12 days ago
Vast Resources (VAST) has to repay more than $8 million of debt by September 29, that is a week today. If course it has not got any cash. If you needed proof of how bad things are there is news from the Baita Plai mine in Romania.
12 days ago
In today’s bearcast I discuss ShareStock, VSA Capital (VSA), Optiva, Strix (KETL), TrakM8 (TRAK) and BlueJay Mining (JAY)
12 days ago
As a result of last minute pull-outs there are still a couple of tickets available for ShareStock this Saturday, for the c100 folks inked in to attend, as you can see below, preparations are well underway.
12 days ago
I am bloody tempted by that sort of wonga, it would pay for a good lot of Metaxa. Actually I do know a bit about being a NED and also a bit about property but I cannot get this job advertised below.
12 days ago
Watchstone Group (WTG), Quenron (QPP) as was, has published its interims today, a shocking tale of how to waste money.
12 days ago
I have written to the Oxymorons, more in hope than expectation, suggesting that AIM Regulation sanction Nomad Stifel and Avacta (AVCT) for issuing an RNS that makes a claim that cannot be backed up. I realise that Avacta needs to do a placing in the next few months but even so this is more than naughty. This is not about me or Avacta but about whether AIM wants to apply its own rules.
12 days ago
Shares in Silverwood Brands (SLWD) valued at 100p a pop represented about a third of the year end balance sheet of Andrew Monk’s Aquis listed VSA Capital (VSA). Yesterday just £7500 worth of shares were sold by somebody at just 25p causing the mid price to halve from 60p to 30 and so slashing the market cap by 50% to £78 million. Frankly even that valuation is nutso. It gets murkier and murkier.
12 days ago
Small cap and spiv trader favourite broker Optiva has been stopped from taking on any new clients by the FCA and its existing clients are not allowed to pass new funds or assets to Optiva’s control. The mystery is why.
12 days ago
In today’s bearcast I look at Avacta (AVCT), Brandshield (BRST) and what it says about the state of AIM, Caracal Gold (GCAT), Red Rock Resources (RRR), Genflow Biosciences (GENF) and Canadian Overseas Petroleum (COPL)
12 days ago
If we have ever given the impression that Mr David Lenigas is a run of the mill Aussie penny share promoter, we would like to apologise. He is clearly Britain’s Number 1 gold analyst and a national treasure like his fellow Aussie Mr Peter Tatchell. I wonder if Dave and Pete know each other?
12 days ago
Stifel Europe failed to get away a £10 million placing at 90p, no 80p, in mid June as I exposed HERE but, as I pointed out earlier this week HERE, Avacta (AVCT) MUST get away another placing before Easter in order to avoid its auditors flagging up a material uncertainty. Today we have news…
12 days ago
In this bonus podcast I look at Malcom’s earlier comments on housebuilders, macroeconomics and Redrow (RDW).
12 days ago
It is not for you or I to judge the guilt or otherwise of Mr Russell Brand. I realise that when I suggested that it was wrong for Mr Philip Schofield to shag a runner on his show and to use TV station cars to ferry around a young lover that was, on my part, homophobic. That Mr Brand is alleged to have done exactly the same and far worse with girls is therefore all grounds for legitimate condemnation without fear of being homophobic. Whatever. What is fascinating is that it is now universally agreed that Brand has always been a foul mouthed ignoramus who treated women badly. Yet…
12 days ago
I was there last night buying vast amounts of Welsh sparkling water and Wrexham lager for Sharestock. Now look at the beer shelves closely.
12 days ago
I start with culinary triumphs notably the nettle beer I bottled today. Then it is Avacta (AVCT), Regtech Open (RTOP) and Naked Wines (WINE)
12 days ago
Folks reacted in various ways to yesterday’s factually accurate article about Avacta (AVCT) and the fact that it is certain to do a fund raise well before Easter. One chap wanted to beat me up as he announced on twitter. Others commented on my teeth – discoloured as a result of childhood illness. There were other personal attacks and last night this website was taken down by a DOS attack.
14 days ago
It’s over a year ago now since the smearing of Richard “nobody likes me and I don’t care” Jennings of Align following his failed attempt to remove Establishment figure Giles Clarke and his lackey Martin Eales at Ironveld (IRON).
14 days ago
Chill Brands (CHLL) today boasts at its AGM that the products on its website “contribute to the overall well-being of our customers, delivering the social and recreational benefits they enjoy while minimising the potential harm associated with traditional substances like tobacco and alcohol.” So that would include vaping products that bring kids into the word of inhalation , a pathway to smoking, and which can cause Lung and other organ damage, breathing problems, asthma, lung scarring and chronic bronchitis. Next up, Russell Brand on why he has always been a feminist.
14 days ago
Thanks to the sponsorship of Sure Valley, Riverfort Global & Pires Investments (PIRI) we are expanding the number and quality of speakers and are able to offer up more fun and games at Sharestock this year - as you can see HERE. In this second episode of Altcast looking at small caps and AIM I Liam Bulmer of Riverfort . The first seven months of the year were bad but August was worse!. Where next? Enjoy.
14 days ago
Strapping Dan from Haworth has a sweet looking Mrs. Does she know what an online thug he is as you can see in the tweet below? In today’s podcast I discuss Avacta (AVCT), Wildcat Petroleum (WCAT), Dialight (DIA), Tingo (US:TIO) and S4 Capital (SFOR) run by the pompous arse Sir Martin Sorrell.
14 days ago
Back in June I revealed that Stifel was trying to raise £10 million at 90p then 80p for Avacta (AVCT). The company dissembled in its “refutation.” The fact is that despite having an outstanding £55 million death spiral in situ, Avacta needs to place, it is just a matter of when.
14 days ago
I did not used to be much of a baker but in the past couple of years I have got fairly good at making cakes. So I am kicking myself for slightly overdoing what is known as a Grandpa cake which you can see below. The top is a little well done but inside it is pretty moist as you’d expect of a fruitcake soaked in Guniness. that is not to say that my father was mad, just a bit eccentric, or soaked in Guinness, he preferred cider. It is just that the recipe is Irish and my father always referred to Ireland as the Old Country.
14 days ago
Right now there is building work underway at Woodlarks and that means that, for the first time I can remember, there will be no Christmas Grotto this year. However the Woodlarks Santa will be doing a mobile tour of schools with the sort of special needs Woodlarks is set up to deliver and to visit local hospices to see very ill children. “I want your money” as that poltroon Bob Geldof used to say.
16 days ago
I have to start with usual prefaces: I am no Putin apologist, he was wrong to invade Ukraine. But I hate all wars and also being lied to by a media and political class GroupThink and – as I have flagged up on this site numerous times – we were all lied to. I called out those lies. Many smeared me as a Putin apologist for doing so. I hope now they see the error of their ways. The harsh reality is that Ukraine is now losing ground and running out of men and women to fight for it. I explain various reasons why there has to be a peace and I curse folks like Boris Johnson who prolonged this war for two years so needlessly. They have blood on their hands.
17 days ago
Some folks are fooled as to the rate of cashburn at Belluscura (BELL) by the way that – for reasons that are inexplicable to me – it capitalises so many costs. Put simply the states losses massively under-represent the horrific cashburn. Do the maths and even Stevie Wonder can see that the company is running on vapours and unless there is a material, so no doubt massively discounted, fund raise within weeks the Fat Lady will have another AIM listed gig.
17 days ago
Vast Resources (VAST) says that it is “pleased” to announce what turns out to be bad news. I imagine that London’s worst Nomad Roland “Fatty” Cornish signed off on that particular gem well into Friday’s 15 course lunchtime feast. This is all to do with those diamonds locked up in the central bank in Zimbabwe which Vast said back in February would soon be recovered, promoting a massive share price ramp enabling some bailout placings. So, what is the news from Harare?
17 days ago
ECR Minerals (ECR) is almost out of cash, if it does not raise cash very soon by issuing new shares it will go bust. Look at the last results and even Stevie Wonder can see what a terrible mess it is in. This is not opinion it is fact. Spiv broker Novum Securities will need to be doing yet another deeply discounted placing PDQ to keep the lights on. But it gets worse, there are management changes.
17 days ago
Over the past few years this website has chronicled time and time again the manifest failings of the Police. Folks in this country who are law abiding, pay our taxes and do not hate where we live feel utter despair as the Fuzz let us down again and again and again. Using the metaphor of a lavatory leaking shit floating down the river by my fields, I explained my sense of despair a few weeks ago. That is heightened as I watch TV and see folks who break the laws, spew hate and unhappiness but support radical causes getting a free pass. The one politician who dared to speak up for folks like me and my wife, and – I sense and polls suggest – the vast majority of the population, was Suella Braverman and, for that, she has today been sacked as Home Secretary.
17 days ago
I start with Russell Brand and Chile’s most famous poet, I end with Sharestock. In between Doc Holliday, ECR Minerals (ECR), that sordid buy idea, why Id like to see more AIM Companies going bust and Bidstack (BIDS)
17 days ago
I start with macro-stuff on the UK vs the USA. Then it is onto Totally (TLY) and Optibiotix (OPTI)
17 days ago
Packaging company DS Smith (SMDS) has issued an AGM trading statement emphasising that trading is in line with expectations and that it is positioned well for the remainder of its year and beyond. Sounds reassuringly solid then.
17 days ago
Wealth and asset management company Mattioli Woods (MTW) has announced its results for its year ended 31st May 2023 and says that it “remains well positioned for the year ahead with a strong platform and integrated model”.
17 days ago
If Powerhouse Energy (PHE) was a serious company it would have gained patent protection for its IP many, many, years ago in its long and inglorious career on AIM. But it is not. And so today it announces with great fanfare that it has been notified by the European Patent Office that the Company’s European Patent Application No 20751207.0, “Method and Apparatus for the Treatment of Waste Material”, will be fully granted on the 11 October 2023. Hold the fucking front page.
17 days ago
Chartist and trader Patrick Karim asks, “Why is gold going up if it’s so useless?”
17 days ago
I am back with these bonus video shows, is this 31 or 32. What the heck: I reset the counter at 32. In this show I interview Kerim Sener of Ariana resources (AAU) and then give my analysis of why I am very happy to hold the shares. Then it is onto Chris Bailey on macroeconomics, the two financial bombshells facing the over 45s and blue chips to buy. I hope that you enjoy the show.
19 days ago
The BBC is creaming itself as the Metropolitan Police has arrested 90 far right thugs marching with the horrible hooligan Tommy Robinson and just 12 folks marching for Palestine. You can guess the narrative about today’s peaceful protest for “peace” and how the far right is the real threat to peace. Well up to a point. Robinson and his ilk are vile but what actually happened on the main march?
21 days ago
As you can see below there is a new book out by Tom Winnifrith. But before you rush to buy it there are a three caveats.
21 days ago
As David Lenigas so rightly pointed out the other day, AIM is not the world’s most successful growth market, as it claims, it is dying on its feet. It is on track to suffer its worst year in history in terms of fundraisings, investors are set for another year of negative returns and the number of companies is shrinking rapidly to more than 20 year lows. Yet the fat cats, the crony capitalists who have grown rich are preparing for a black tie feast of back slapping and self indulgence, where tickets costing hundreds of pounds and vast drinks bills are ultimately pad for by you, investors. The AIM Awards shortlists are out. It is nauseating.>You pay for the 12 October bean feast as you are shareholders in companies which pay vast fees to Nomads, brokers,, PR fluffies, lawyers and accountants and it is they who are paying thousands of pounds to book tables at this event. It is YOUR money being spaffed. Given how badly AIM has performed this year those firms booking tables should be utterly ashamed. Anyhow, the shortlists are out as you can see below.
21 days ago
In today’s podcast I discuss forthcoming videos and look at Kefi Gold & Copper (KEFI), Amaroq (AMRQ), Seed Innovations (SEED), John Lewis, Regtech Open Platform (RTOP), Online Blockchain (OBC), ADVFN (AFN), and THG (THG) run by that prick Matt Moulding which is surely still a short even at 70p.
21 days ago
Sharon White was appointed, with no retail experience whatsoever, as chair of John Lewis in 2019 on an annual salary of just shy of a Bernie. A year later, for services to the bien pensant community, when was made a Dame and unveiled a five year plan to get John Lewis to making £400 million of profit by 2025. Since then, it has been loss after loss after loss and today it got worse.
21 days ago
Oh dear, Oh dear as disgraced share tipster Mike Walters used to say as yet another of his disastrous share tips went horribly Pete Tong. At Deepverge (DVRG) things go from bad to worse. You almost could not make this up: The company says that “Unfortunately”…
21 days ago
Yesterday I celebrated the massive revisions to Eight Capital Partners (ECP), 2021 accounts as a result of my good works with the FRC. But Eight also published its 2022 numbers this week and guess what?
21 days ago
I have already highlighted issues such as the joke valuation methodology and the lack of IFRS Compliance which the clowns at the FCA seem to have missed. RegTech Open (RTOP) underwent a direct listing which meant that it didn’t have a broker scrutinising its Prospectus nor undertake any marketing on its behalf and it really shows, a few more errors for the FCA to consider, follow.
21 days ago
In today’s Bearcast I look at sordid Mir in relation to the scumbags at Dukemount Capital (DKE) where i hope my prior warnings were heeded. I look at IOG (IOG), Ben’s Creek (BEN) and at BP and Bernard Looney
21 days ago
Yesterday Eight Capital Partners (ECP), the bastard cousin of the fraud Supply@ME Capital (SYME) released both its revised 2021 accounts and its delayed 2022 accounts. I start with the revised 2021 accounts as I had previously reported Eight to the Financial Reporting Council on 18 July 2022 about those numbers. So, yes, this is yet another win and validation of my work. When Eight fessed up to the FRC ongoing investigation on 3 July it stated that revised accounts were being prepared but with no indication of the scale of the revision.
22 days ago
Evil PR spinners IFC have crafted a gem of a release for its soon to be bankrupt client Versarien (VRS). The headline “Turnaround Strategy – Gnanomat Grant Award” is just so misleading, IFC should be truly ashamed.
22 days ago
When former BP (BP) CEO John Browne was found to have put his Brazilian rent boy lover on expenses he was forced to walk (after all expenses abuse is theft) but his supporters insisted that this was a homophobic witch hunt and he was duly made a member of the House of Lords and has become part of the great and good. One rule for 1% using company funds inappropriately, another for the 99%. Today we embark on another show of one rule for them, one for us. BP’s latest CEO, Bernard Looney, has resigned with immediate effect.
22 days ago
On Tuesday morning I flagged up glaring red flags in the Monday announcement from the bezzle Regtech Open (RTOP) that Alessandro Zamboni’s Avant Garde had transferred 250,000 warrants “to settle a debt”. A corrective RNS duly followed. Gotcha! But the transaction still makes no sense.
22 days ago
I start with my nettle beer brewing and ShareStock, then move on to Fevertree (FEVR), Kefi Gold & Copper (KEFI), the greatest joke ever told, IQE (IQE) and Chill Brands (CHLL)
22 days ago
Another set of results comes out from the sheep shagging chip makers at IQE (IQE) and as usual the numbers are piss poor, more cash has been burned and there is warning about current trading. The shares are just 16.4p, having been 174p just under six years ago when folks like Paul Scott and our own Malcolm Stacey were frothing so excitedly about them as I warned and warned again.
22 days ago
The FCA has failed again in its role as the body charged with approving prospectuses for companies listing on the Standard List. I refer to RegTech Open Project PLC (RTOP) which listed on 25 August with a £60 million valuation at 100p and which is now capitalized at £180 million. But it is clearly an almost worthless entity. Folks are going to lose a lot of cash. I have written to the FCA begging it to put an end to what is clearly a false market.
22 days ago
At what point will the FCA show some shame for admitting this worthless POS with a non IFRS compliant prospectus to the Standard List with a £60 million joke valuation? The shares are now 292p valuing a loss making company with (falling) sales of £1million last year and no balance sheet at £173 million. And now there is another red flag at RegTech Open (RTOP)
22 days ago
Tom Winnifrith Bearcast: I reckon Wandisco will run out of cash by Christmas 2024, Versarien a year earlier
22 days ago
Precious Metals Broker Bill Holter is clearly talking his own book but what he says is Nigel Somerville on steroids.
22 days ago
Oh dear, oh dear, as the disgraced tipster Mike Walters would always say as yet another of his recommendations went horribly Pete Tong. I have warned and warned about Scotgold (SGZ) for eons, publishing leaked internal emails which showed how parlous its financial position was, something the company tried to brush off with dissembling releases. Well, today, I hear that the Fat Lady is in a taxi to Kings Cross and preparing to head north… the shares have been suspended.
22 days ago
The company that misleads investors over death spirals taken out and loans not going through and whose directors should therefore be in jail, Caracal Gold (GCAT) has called a GM to allow it to issue shed loads more confetti. The statement contains six ominous words which should fill any shareholder with dread.
22 days ago
I end with my sister cropping up on Radio 4 yesterday, I start with my dilemma about where to watch the Wales game. In between I ask Malcolm ( UK shares) and Nigel (gold) to consider if the assets they are loving up may be unloved for a very good reason.
23 days ago
I start with a few matters on ShareStock given that I am a dripping in sweat wreck having mowed the lawns today. Then it is onto Colin Bird, aged 79 and three quarters, and Bezant Resources (BZT).
23 days ago
‘arry Adams has dropped me an email abut the progress made last week. He says:
23 days ago
Regtech Open (RTOP), the latest monstrously over valued standard listed vehicle majority owned by Alessandro Zamboni has appointed a CFO, Paul McFadden. He won’t be starting work at RegTech until a successor is found according to the Chairman’s statement at Shearwater.
23 days ago
I explain what I mean in the opening salvo. Perhaps I am paranoid. That brings me to Chill Brands (CHLL), then AMTE Power (AMTE), Supply@ME Capital (FRAUD), Regtech Open (JOKE), and finally a long segment on Tortilla Mexican (MEX) where the valuation is surely a rum ‘n’ coke?
23 days ago
I only ask because the insolvent Standard Listed dog PennPetro (PPP) run by Big Dave Lenigas had its shares suspended on August 1 as it could not get its accounts on time. Back then, Big Dave said this was a “short delay”. It is now September 8.
23 days ago
Analyst and economist Julian Brigden of Macro Intelligence 2 Partners has music for the ears of Nigel Somerville but also for equity market bears.
23 days ago
Big Dave has recorded a 90 minute video with some arse-licking interviewer whose name I do not know which, and I really hate to say it, is really rather compelling viewing. Apparently Big Dave has had to sell both of his hundred foot yachts and says that he is really feeling the pinch paying his mortgages. I am almost in tears as I write, considering his hardship, and will be setting up a crowd fund page sharpish. Actually, a lot of what he says makes really good sense.
23 days ago
I suspect the old boy is somewhat cheered by what is a rare good day for this dog of a tip and is off at the Punter’s Return enjoying an early pint of Doom Goblin. But before Comrade Stacey gets too carried away I merely flag up a couple of thing about today’s trading statement from Gear4Music (G4M)
24 days ago
Its shares are still suspended as it still cannot get out its annual report despite hiring a mickey mouse firm. But yesterday, Tintra served up some positive news, a possible cash offer of 150 pence per share with a share alternative subject to due diligence and the finalisation and documentation of financing for the transaction.
24 days ago
I would like to apologise to Mr. Andrew Monk for suggesting that his claim that I was a shareholder in VSA Capital (VSA) was a vile smear. I have now tracked down the share registrars and it appears that a share certificate for 2,000 shares was indeed dispatched to a wholly out of date address. I am thus the owner of shares which might just be sold for a paltry £120.
24 days ago
Wood Group (WG.) was a tip last year at a 155p offer price – with we then noting we looked to repeat previous success of a more than 40%, less than 7 months, offer-to-bid gain. In April this year we banked more than 45%, little more than 9 months, gains at 226p. Following recent half-year results which emphasised “clear strategic progress, strong growth and increasing full year guidance”, though with the shares at a 156.7p offer price we consider this again a good time to Buy.
24 days ago
I have just dropped an email to James Fuller who runs the office of Professor Andy Schofield the Vice Chancellor of Lancaster University regarding the cover up for Professor Simon Mabon. Mabon is the man who praised Hamas on October 8, a day after it committed the worst mass slaughter of Jews since 1945. The Metropolitan Police has now stated that using the imagery endorsed by Mabon is something it considers to be a crime. And thus, cc’ing in hapless press officer Vicky Tyrell, I have asked the office of the Vice Chancellor, two critical questions. My email reads.
24 days ago
With places such as Lancaster University refusing to action Professors like Simon Mabon who openly celebrated the Hamas attack which saw the biggest one day slaughter of Jews since World War Two, is it any wonder that Israel – and all other right thinking folks despair at life on Western campuses? Often the best way to combat this is with comedy and Israeli satire show “What a Wonderful Country” does that superbly in the video below. Enjoy.
24 days ago
I speculate but with some informed input on what will happen. And I name some of the Standard list wronguns which will, I believe, lose their listing in 2024 as a result of what is going to happen.
24 days ago
It has been the wonder stock of the year but is there a bear case for Nvidia (US:NVDA) as its market cap is now $1.2 trillion. Yes there sure is. Enjoy.
25 days ago
In today’s bearcast I look at Blackbird (BIRD), Canadian Overseas Petroleum (COPL) and Oxford Nanopore (ONT) I have amended my earlier piece on Monkey and VSA. This is so humiliating, it seems that I really am a shareholder in his awful company although I have no idea why.
25 days ago
Evil Banksta is short of Canadian Overseas Petroleum (COPL). If I was ever to short a stock, and I don’t ever short, this would be high on my list. Today there is news that its death spiral provider Anavio has put in $3.5 million at 4p and that founder and boss, Arthur Millholland, the king of the value destroyers has stepped aside. Well sort of. So what do myself and Evil Banksta make of it all. First to Mr Banksta who says:
25 days ago
So how much cash is left? The maths is not that hard. At June 30th it was c£1.69 million. But Eurasia Mining (EUA) sent c£3.2 million to money heaven in H1 so, ceteris paribus, by the end of the first week of October, all the money will be gone. Of course it is not quire that simple.
25 days ago
As you may have seen on twitter, Mr Andrew Monk is on a no expenses spared trip to Vancouver to tell folks there several times a day that he went to Oriel College Oxford where he got an upper second in name dropping. Actually, he is there taking Invinity (IES) round fund managers on a ramping trip. Now he has taken to twitter with a slur and a monstrous revelation.
25 days ago
As of today, the apologists for anti-semitism who run Lancaster University are still refusing to take action against Professor Simon Mabon. They have accepted his palpably untrue excuses for tweets sent out on October 8 in which he labelled those responsible for the October 7 slaughter of 1400 Jews, the worst pogrom since World War Two as folks engaged in “an act of resistance” and which contained in image of a bulldozer with a Palestine flag taking down a large fence. As I explained in detail HERE that image was created after the 7 October pogrom and specifically referred to it. Anyone tweeting it out on October 8 as the world’s media reported nothing else must have known what it meant. However…
25 days ago
It was a wet bonfire night in North East Wales. In the morning, Joshua and I gathered a stack of dry wood, mainly all sorts of junk left by the previous owners, and put it in the barn closest to the bonfire site, what will be the goat barn. At 4 PM we laid a bed of straw (also left by the previous owners) and piled up the wood as you can see below. On top of it we had an effigy.
25 days ago
Readers of this website can be in no doubt that I stand 100% with Israel and I make no apology for saying that I am hopeful that it kills every single member of Hamas in Gaza. That is a proportionate response to October 7 such was the horror of that day. Regular readers should also know that I think that Gary Lineker is a twit and worse, a man who made £5 million from promoting the Ingenie/Quindell fraud which I exposed. But a broken clock is right twice a day. The crisp salesman says that the weekly Hamas victory parade should go ahead on November 11 and I agree with him.
27 days ago
Those who listened to my bearcast ( shares podcast) yesterday may have heard a bubbling in the background. That was the steaming of two Christmas puddings, an eight hour process. The pudding mixture was made the night before with everyone having a stir and making a secret wish. Sadly the BBC has not been defunded yet but not all wishes do not come true. Only kidding. My secret wish is far closer to home.
27 days ago
This seems pretty simple. Today, Powerhouse Energy (PHE) announced interims which were naturally utterly piss poor but covered in vast amounts of jam tomorrow. Its acting CEO Keith Riley also walked with immediate effect for “personal reasons.” Yet on 22 August through the offices of esteemed bucket shop broker Turner Pope, the company did a £1 million placing at 0.5p. hang on Henry… I have written to AIM Regulation
27 days ago
I have always thought that Oxford Nanopore (ONT) was massively overhyped and that its CEO Gordon Sanghera was a bit of a bullshitter, fawned upon on by the deadwood press. The company IPO’d just under two years ago at 425p – its shares now languish at 231p. Today we have half calendar year numbers from a company still capitalised at almost £2 billion and the smell of Sanghera bullshit is strong.
27 days ago
As the bear raider Evil Knievil often says, the best time to kick a man is when he is down. Less than two months ago the housebuilder Crest Nicholson (CRST) said that its full year to October 31 profits before tax would be £70 million. Now we are told to expect £50 million. And I reckon even that is not baked in.
27 days ago
Enjoy the heatwave, it is still raining here in Greece. I have done a podcast on that and on the BBC’s claim that the Hellenic Republic will soon be a desert HERE. Then it is onto Kefi Gold & Copper (KEFI), Wandisco (WAND), Blackbird (BIRD), Eden Research (EDEN) and Invinity (IES), currently being ramped by Andrew Monk in Canada.
27 days ago
Vinanz (BTC) the sub scale bitcoin play floated amid a related party nest of snakes on the Aquis lobster pot is at it again. Another day, another spoof.
27 days ago
I have these strong childhood memories of life at Butterwell Farm in Byfield of heading out into very cold and dark Autumn nights to help my mum harvest the vegetables for winter storage. There was a sense of urgency, it had to be done. We did not have a freezer so we used sand boxes for root vegetable storage and she also stored things in jars to sit in the cold room, the larder.
28 days ago
https://www.jewishnews.co.uk/guardian-journalist-retweets-pro-hamas-social-media-account/
28 days ago
On the day after the worst mass slaughter of Jews since World War Two, Lancaster University professor Simon Mabon, a man regularly called as an “impartial expert” by the BBC to comment on the evils of Israel, tweeted out his praise for those vermin of Hamas who had carried out the attacks, the rapes, the beheadings, the kidnaps, the roasting of a baby in an oven. Mabon is a disgrace but so too is Lancaster University which, I can now reveal, has exonerated him, covered up his crime and so made it clear that Jewish students at Lancaster can now be taunted and menaced without repercussion.
28 days ago
I am sorry to sound a bit like a football yob but West Ham’s storming start to the season brings out the worst in me. Especially when Malcolm’s oft loved up Blackbird (BIRD) has just served up such utterly piss poor interims. As ever with this “licensor, developer and seller of the market-leading cloud video editing platform” it is all jam tomorrow but cold cabbage water today. If Blackbird is the market leader God only knows how its less “successful” competitors survive.
28 days ago
This is like the schoolyard when you were thirteen. Did you ditch that girl or did she ditch you? Or was it a bit of both? Ashington Innovation (ASHI) – the SPAC run by wanted man Dan Ferris associate Jason Smart – says that it has fired its broker SI Capital. However, last week I reported that SI had quit. The mystery deepens.
28 days ago
The BBC reckons Greece will be a desert in a few years. In August rainfall here was thrice the average for the month. Today’s storm which you can hear as I record will drop more rain in one day than the whole of September norm. I also discuss Superdry (SDRY), Wildcat Petroleum (WCAT) and the knobheads at the FCA and Regtech Open (RTOP), the most overvalued share in London.
28 days ago
John Barr founded Mosman Oil & Gas (MSMN) and, alongside Andy Carroll inflicted this abomination on the stockmarket. It was a great penny share pump and promote in the early days The shares are now 0.024p meaning that those who bought at peak ramp just over nine years ago have now lost just a smidgeon under 99.9% of their cash. Today Barr, the executive chairman, has announced he is off as is one long serving gopher, oops I meant NED, John Young.
28 days ago
Asset Manager Michael Pento is another cheery fellow like our own Nigel Somerville.
29 days ago
https://www.jewishnews.co.uk/opinion-the-guardians-coverage-and-my-colleagues-comments-mean-i-dont-feel-safe-at-work/
29 days ago
I reported the account @Middlesexkid to twitter/ X this afternoon and, within minutes, received an acknowledgement that it was reviewing my suggestion that it contained hateful content relating to a particular group, that is to say Jews, at 2.14 PM. At 2.16 PM I was told that “After reviewing the available information, we determined that there were no violations of the Twitter rules in the content you reported. We appreciate your help, and encourage you to reach out again in the future if you see any potential violations.”
29 days ago
The other day I speculated that Tintra’s (TNT) new auditors, B.S.S (Accountancy Services) Limited probably only had 1 AIM client. As you can see HERE, it does and that client is Tintra itself. So much for all the bull about how this firm from Shifnal, Shropshire is staffed by ex KPMG chaps. If BSS’s partners are BSD’s I am a banana.
29 days ago
I shall celebrate my tenth wedding anniversary today with an extra lunchtime ouzo for Verditek (VDTK), a company whose shares were almost 20p at peak Old Mother Walters ramp just two years ago has announced a bailout funding at just 0.45p. Told y’all!
29 days ago
If you are coming to Sharestock and have yet to email me please read this article HERE. In today’s podcast I discuss UK property prices, buy to let, bull in the Mail and, en passant, the micro market of Kalamata – I am thinking I might have to sell up. Maybe not but I explain.
29 days ago
The individual who threatened me on my wedding anniversary as I discussed HERE was Jason Drummond, one of the co-founders of Ashington Innovations (ASHI) and as a result, I withdraw a recent article as Drummond insisted that the Police would take a very dim view of my journalism. Friday was not a day to give battle. Let me now add more colour to this episode including, what appears to me to be, a very misguided arrest by the Old Bill.
29 days ago
The latest RNS from Tintra (TNT), – shares suspended – raises even more red flags. This is shocking stuff and why AIM regulation is not all over it is mind boggling. Tintra has fired its auditor.
29 days ago
I start with that before going to Ashington Innovations (ASHI), Tingo (TIO) and Verditek (VDTK). A few big exposes on the way tomorrow, until then.
29 days ago
Oh dear, oh dear, it gets worse and worse for Jason Smart’s Standard listed POS Ashington Innovations (ASHI). I can reveal today that SI Capital has stepped down as broker following exposes on this website such as THIS and is stating quite categorically that it wants no involvement in this mess. To quote:
29 days ago
Tingo (TIO) claims it has refuted the Hindenburg Research dossier compiled by Nate Anderson. Hindenburg has hit back today, citing our work and anyone owning these shares after this remains bonkers. Enjoy.
29 days ago
Shares in the AIM Company of the year 2022 remain suspended as it cannot get its accounts out on time. But still the news comes and it stinks. Tintra (TNT) has finally issued an update on its long awaited latest investment subscription at 1178p per share.
29 days ago
Of course I mean utter domestic bliss. But I may not be writing that much on Friday. In today’s podcast I discuss why PensionBee (PBEE) is a short, Tingo (TIO) and its Q2 numbers, Cellular Goods (CBX), Union Jack Oil (UJO) and also Ashington (ASHI), Roquefort (ROQ) and the FCA.
29 days ago
Asset manager Tim Price warns that we are “standing on the edge of the debt precipice.”
29 days ago
OptiBiotix Health (OPTI) has issued a “Commercial update” announcement, noting commercial progress of its first-generation products range and reiterating plans for each business unit to reach operational profitability by the end of this year. What of this with the shares currently responding up towards 30p?
30 days ago
It’s another hard night cooking at the Welsh hovel as you can see below. First up is a creamed pumpkin and bacon soup with the insides of the carved Halloween pumpkin. Throw in a sprinkling of cumin seeds and it was delicious. Now that the kids are in bed it is time for marrow and ginger jam as I try to cope with the marrow glut. What you see below is the flesh of one very large and one small marrow together weighing 3.8 kg. That has been cubed and, as I write to you now, is being cooked on a low heat with some of the juice of eight lemons.
30 days ago
One of the advantages of being at the end of a long and poorly lit lane is that we are unlikely to be pestered by brats saying Trick or Treat tonight. I have zero tolerance for this awful import from America.
30 days ago
I wrote the other day, HERE, about how I was taking a financial hit because of my support for Israel and the wider Jewish community. Hell what does money matter? I shall not be silenced. But now, perhaps, a more personal hit.
31 days ago
Sure as eggs are eggs the grifters at woke organisation Avaaz are spamming away about Gaza. Every cloud has a siver lining for Avaaz and its extremely well paid staff thanks to its gullible followers. Today’s spam starts with a picture of two kids in Gaza in tears. Yup, you guessed it, like the IRA Sinn Fein Capo, Mary Lou McDonald, Avaaz uses a picture of two Peruvian children taken in Peru to make the point. After that lie…
31 days ago
It seems that Britain’s marches for Palestine where folks are allowed to shout about Jihad, killing Jews and the Police say that thereare many way of interpreting Jihad and killing Jews and that this is not a hate crime are now a weekly occurrence, to take place every Saturday. And that means there is already talk of an especially big march on Saturday 11th November, one that will almost certainly pass by the Cenotaph. I suspect you and I know what that means.
33 days ago
It now appears that the image that evil blood soaked old bastard Gerry Adams begging, and you could not make it up, to an end to bombing in Gaza, this one, was photoshopped. You would have thought that Adams had plenty of photos in his professional accomplishments scrap albulm of bomb carnage in Northern Ireland to use but he used a made up one. Mary Lou McDonald the head of Sinn Fein/IRA in Eire also wants an immediate ceasefire, or put anther way Israel not being allowed to take out the folks responsible for the 7 October pogrom, meaning that they wil be free to slaughter more Jews.
34 days ago
This website is free to access, it is just a hobby started as therapy at a low point in my life almost 12 years ago. You can donate to support its work by hitting the button on the top right hand corner of the website if you wish but if you don’t it matters little, the website remains free to access and over the years almost 3.5 million times someone has read an article here. Its work in recent weeks is largely writing about the aftermath of the biggest mass killing of Jews since World War Two. I earn my living by running Shareprophets.com a website which exposes fraud and other stock market wrongdoing and which charges a very reasonable small subscription. My coverage of the pogrom has seen a raft of folks cancel their subscription at Shareprophets.com and here is an email from one charmer explaining why.
34 days ago
I know, I know. Next up in this series I shall be discussing Madonna on the evils of plastic surgery followed by the Doom Goblin Greta Thunberg on the dire consequences of bunking of school after the age of 12. But we start with the evil, blood-soaked old bastard Gerry Adams of IRA/Sinn Fein. His last major tweet was on October 8, a day after the biggest one-day slaughter of Jews since World War Two when he showed his sympathy with the people of Israel by….
35 days ago
Novara Media is a nest of jew hating communists and its star reporter is Ash Sarkar who seems to have a season ticket to appear on the BBC, right now to smear Israel. That she has to resort to lies says a lot about her. In the tweet below Ash insists that former Israeli ambassador Dan Gillerman says that Palestinians are“inhuman human animals.” Now watch the video which Ash attaches and you will see that this is not what he actually said at all.
36 days ago
The UN, the hand wringing NGOs and, naturally, the western media led by the BBC and the Guardian tells us that there is a critical fuel shortage in Gaza which will see hospitals shut down. The evil Jews are even closing down the hospitals and the blockade must be stopped to save lives! The gullible idiots who march in the Hamas victory parades in western Cities each weekend repeat this canard. But it is a lie. Have you seen the film the Great Escape?
36 days ago
17 days after the worst one day mass slaughter of Jews since World War Two the Guardian ran the headline below accusing Israel of weaponising the holocaust. Words just fail me. The Guardian is weaponising the anti-semitism that is marching through the ranks of its core public sector and academic readership. Folks like the University of Lancaster which, despite promising a Monday response, has still not responded to my Saturday questions abut Professor Simon Mabon celebrating the Hamas butchers of 7 October. No doubt at Lancaster University they loved the article below. Any decent reader of the Guardian, such as my wife,will surely now boycott it for life.
37 days ago
I have never, for the record, watched GBNews. I rather dislike too many of its presenters who seem to revel as a low grade version of Fox. And some of them are frankly just plain stupid. But I note that it is regularly slammed by Ofcom for lack of balance. In that vein I bring you a twitter thread by the excellent David Collier covering a report by Sadiya Chowdhury covering a report on Sky News. Please read the thread and then ask yourself how, if Ofcom is itself balanced, can it not slate Sky for this garbage. as for Sky how on earth can it emplooy this fanatic and be taken seriously?
37 days ago
I start with my snake heroics of last night, surely my bravery merits some commendation. then it is Tingo (TIO) and finally the FCA created £100 million plus scandal at Regtech Open (RTOP).
37 days ago
Protective packaging design, manufacturing and distribution group Macfarlane (MACF) has announced results for the first half of the 2023 calendar year and that new business momentum and its management of pricing and costs mean that its profit expectations for the full year remain unchanged.
37 days ago
This was a company that under various names was frequently pumped in return for the usual brown envelopes by the Sith Lord Zak Mir and which embraced that kiss of death in the usual way. I did warn folks that as Strat Aero, Remote Monitored Systems and as nanosynth (NNN) it was a bag of shite but natch folks loved up Mir for his bent journalism and trolled me for my efforts so where now? Oddly, I actually want nanosynth to survive but that is because I am a conceited barstool.
37 days ago
On 20 June Bidstack (BIDS) was forced to finally forced to publish its diabolically bad calendar 2022 results. Although it had £8.7 million left in its piggy bank at the year-end – thanks to a placing undertaken by misleading investors – the projected cashburn in 2023 thanks to the Azerion deal blowing up means that by Guy Fawkes night the company will have run out of cash and gone up in smoke.
37 days ago
I am recording from somewhere new in Greece where there were awful fires last year. I discuss the arsonists and the BBC and its fake news on global warming. Then it is onto Optibiotix (OPTI), SkinBiotherapeutics (SBTX) and the dimwits who think I really did sack Gary Newman but, more importantly, today’s statement from Optibiotix. Then it is Zenith Energy (ZEN), Regtech Open (RTOP) and the fraud Tingo (TIO).
37 days ago
My good pals at the accounting regulator FRC have acted against numerous companies and enablers who I have snitched on. Next up I hope are the enablers of the utterly dodgy Regtech Open IPO of last week. I have written to the FRC.
37 days ago
Some folks seem to have fallen for today’s non news from Pantheon Resources (PANR) as it tried to push its shares higher ahead of the next bailout placing. As such, the ShareProphets RNS translation service wheels into action again.
37 days ago
Shares in Microsaic (MSYS) remain suspended on the AIM sewer as it cannot get its accounts out. But with the company now within weeks of having to call in an administrator, surely its repellent and disgraced boss Gerry Brandon owes the company’s owners a statement. Here is the problem. Following accounting fraud emerging with regard to revenue recognition while Brandon was in charge at Deepverge (DVRG) its shares have been suspended pending clarification and all its operations closed down. It now has just one employee but owes Microsaic c£1.3 million.
38 days ago
At last year’s Sharestock, that fellow from Boatman Capital patiently explained how Argo Blockchain (ARB) never had made money and never would make money whatever the bitcoin price. And that is why its shares have a fair value of £0. Of course, as bitcoin surged in the first half of this year some investors with PhDs in ignoring FACTS thought they knew better.
38 days ago
I start with Nigel’s excellent piece on Tern (TERN) and also with Sharestock where just 4 of 100 seats are now left, so book HERE. Then it is onto Kefi Gold & Copper (KEFI)
38 days ago
I have already demonstrated beyond all doubt that the two proposed purchases of Ashington Innovations (ASHI) for £170 million are both insolvent and mired in red flags linked to the struck off dentist and scammer Ajan Rejinald. But what of the two men behind Ashington, Jason Drummond and Jason Smart. Read on and weep.
38 days ago
Geoff Blanning, a former investment manager, is the author of the white paper “Put Tools Away Now, Please” and is co-producer of the Cobden Center documentary film “Ex Nihilo, The Truth About Money”. The objective of the film was to make the complex world of finance accessible to the average person and educate the public on the monetary system. He aims to persuade politicians to make changes to the UK’s Bank of England and stem out the overwhelming cost of living squeeze.
38 days ago
In today’s bearcast I discuss what the BBC won’t be, yet more rain here in Greece. Then it is onto gold and my boredom. I discuss Ariana (AAU), Centamin (CEY), Kefi Gold & Copper (KEFI) – where I have swapped emails with ‘arry this weekend -, Amaroq (AMRQ) and Jubilee Metals (JLP).And yes there are now just 4 of 100 seats left for ShareStock. Ticket emails will be going out within 24 hours on logistics to those who have booked. If you have not, those 4 go on a first come first served basis HERE.
38 days ago
I start with a report on extreme Greek Weather experienced today as I reported HERE. Then onto Malcolm vs Nigel and then onto a string of exposes on this website today. Will the FCA do anything? Finally there are now just five tickets left for ShareStock on 23rd September book now to get one of them HERE.
38 days ago
Patricia Murray of Liverpool has written to the FCA over both Ashington Innovations (ASHI) and Roquefort Therapeutics (ROQ). How a serious regulator can ignore what follows defies belief. Both companies are clearly utterly uninvestable. Ms Murray writes:
38 days ago
The auditors to Regtech Open (RTOP) which IPO’d on the Standard List on Friday is PKF Littlejohn where partner Joseph Baulf masterminded the transaction. I have written to Mr Baulf today to flag up his schoolboy errors and that I shall be reporting him and his firm to my good pals at the FRC later this bank holiday weekend.
38 days ago
The River Dee which flows at the edge of my fields is meant to be a clean home to salmon and trout. Its banks should be home to a range of wildlife including Kingfishers, I saw one a few weeks ago, and a rare sort of dragonfly. My, now water-logged, fields are home to frogs, toads, snakes, aquatic birdlife and much more. This morning, as you can see below, there is a large compostable toilet stuck on the English side of the river, leaking shit. The story of that loo and its shit is one which leaves me in despair at a broken Britain with a Police and local council ( Chester and Cheshire West) who are not underfunded but are just useless, protecting those who break the law and telling we honest taxpayers to go fuck ourselves.
38 days ago
For once I am not taking the BBC to task for its atrocious and one sided coverage of events in Israel and Gaza. It is ITV that now needs to be taken to task. Watch the video below, it is horrific.
39 days ago
I reported the account to twitter yesterday becuase in using anti-semitic images it clearly broke twitter rules. Have a look at the first of the six images in the top right hand corner. It is a star of David but not on its traditional background but on that of the Nazi flag. If you were in any doubt the small word on that flag is Lebensraum, the German for “living room”, what the Nazis used as its excuse for invading other countries out East, the Germans needed more room to live.
39 days ago
The boastful fisherman in this case is Peter Brailey who has texted me repeatedly from the side of some dreary canal where he is spending the day boasting about how big a Roach he almost caught. Peter wants me to remind you about how on 6 October 2021 he warned you HERE that Zenova (ZED) was all hype and no substance. The market cap then was £18 million. Today, at 5p, it is just £4.8 million. But “who’s a clever boy then” warns it will get worse.
39 days ago
https://web.archive.org/web/20231019222836/https://blogs.timesofisrael.com/scotlands-leaders-have-a-hamas-problem/
39 days ago
Yesterday afternoon the Dee hit 8.98 metres, 34 centimetres off its stated all time high in 2001. At that point the local measuring station stopped taking measurements leaving us having to guess which way the waters were heading. Actually I think the river was higher last February but the NRW website is just wrong. But as you can see below the waters were high. The waters were in the farmyard, in our back garden about a yard from the steps, and if you left the farmyard and went into the fields the waters were everywhere.
39 days ago
The BBC’s Verify Unit has not had a good week. Well it never really does. It is an Orwellian Unit fronted up by someone who faked her own CV designed to sniff out fake news. Well here is an easy one for Marianna Spring and her team.
40 days ago
Simon Mabon is a Professor of International Politics at the University of Lancaster. He is such an expert that the BBC interviews him regularly, only yesterday he was on BBC 5 Live giving a less than balanced view on what is happening in Israel and Gaza. His twitter account has now been closed to non followers so the BBC’s Jeremy Bowen can still see his tweets but you and I cannot. Unfortunately for the Prof some pesky Jews got there first!
41 days ago
For some reason stopping the fake science of global warming is linked to the plight of Gaza, at least according to the Doom Goblin Greta Thunberg. As you can see below she says she stands with Gaza. That would be the Gaza which elected as its Government Hamas, an organisation that 11 days ago butchered 1400 Jews, literally finishing off the Nazis work in shooting a holocaust survivor in the back of the head, decapitating babies, burning families alive, raping and then cutting the throats of teenage girls in front of their families. Yes that Hamas.
41 days ago
Yesi am a geek and this is my pet subject. Outside at the edge of my garden and fields, the River Dee is running high and fast and with non stop rain for most of the past day set to continue overnight, I am braced for the waters to breach the lower orchard. And that prompts me to revisit my specialist subject of water levels in the reservoirs of the United Utilities region and especially here in Wales.
42 days ago
We are yet to see apologies from the BBC, the leader of the SNP, Jeremy Corbyn, Yanis Varoufakis and the others who blamed Israel for blowing up the Al-Ahli hospital in Gaza. As synagogues burn , Jews face fresh attacks and mobs attack Western embassies maybe such bien pensants might reconsider their actions. I do not say that the IDF is without sin but on this occassion it appears that it was. Islamic Jihad, unintentionally, was the culprit. Maybe you doubt me?
42 days ago
No doubt well meaning, middle class lefties as well as islamic militants routinely chant “From the River to the Sea….Palestine will be free”. Free of what? the answer is in the map helpfully displayed at the last London protest.
43 days ago
I have catalogued a number of examples of clear BBC bias with regards to Gaza and Israel on this website as you can see HERE and HERE. But last night there was an explosion at the Al-Ahli Hospital in Gaza. Hamas immediately blamed an Israeli air strike and said 500 were dead. The ghoulish Jeremy Bowen appeaed on the BBC saying the whole hospital had been destroyed and the BBC – without checking the claims of Hamas – blamed the Israelis. Across the region there are huge protests and ever more violence and talks between President Biden and Arab leaders about peace have been cancelled. However…
44 days ago
Little Owen Jones has this morning defended his chums who run Gaza, that is to say Hamas, from the charge of Homophobia by blaming the British Empire for oppressive laws in the rogue State. His logic is so terrifyingly illogical that Jones makes my cat seem like Einstein.
48 days ago
https://babylonbee.com/news/harvard-student-leaves-lecture-on-microaggressions-to-attend-kill-the-jews-rally
48 days ago
I am dusting off an Ireland shirt for tomorrow, supper round at the house of C, my pal from Munster and then the big game for the Old Country. I shall be hiding behind the sofa as the men in green take on New Zealand. But hang on what on earth is the leader of Eire Leo Varadkar saying? Is that a blood libel against Israel? You bet it is.
49 days ago
Last night a crowd waving Palestinian flags chanted “gas the Jews” outside the Sydney Opera House. Not Israelis, Jews. Today it emerged that 40 Israeli/Jewish babies had been slaughtered at Kibbutz Aza by Hamas, many decapitated. The civilized world says “We stand with Israel.” But at the Lush store in Dublin the sign below appeared, surely Lush is sacking those responsible. Er…no .
49 days ago
I start with a weather report here at the Greek Hovel, will lightening strike twice? I end with what i regard as a miracle, given my track record, tonight the Mrs and I enjoy an early celebration of our tenth wedding anniversary. The woman is a saint. In between I look at Regtech Open (RTOP) and share with you a laughable document below, CMC Markets (CMCX), Guild ESports (GILD), and Versarien (VRS)
49 days ago
When a company opts to dilute its own shareholders more than it needs to you know that management is running the enterprise for itself rather than the business owners and this is a terrible red flag. That brings us to BlueJay Mining (JAY) which, 7 weeks after raising £1.3 million at 1.7p, on 23 August raised just £600,000 at a penny. It did not need to as I today reveal.
49 days ago
Brian Hirschman is the Managing Partner of Hirschmann Partnership, also known as the “World’s Most Bearish Hedge Fund.” He makes our own Nigel Somerville sound like a sober and moderate fellow.
49 days ago
For me this really is an acid test of the FCA’s suitability to approve Standard List prospectuses. You may remember that it waived through that of Umuthi Healthcare (UHS) prepared by a convicted fraudster. It also waived through the bogus Supply@ME Capital prospectus which overstated net assets by 99%. And this week there was Regtech Open (RTOP) with a non IFRS compliant balance sheet so materially overstating net assets, the dirty dozen investors and more. But Ashington Innovations (ASHI) will take the biscuit if the FCA approves the RTO prospectus. Emails were exchanged yesterday.
49 days ago
Last year I had an apple glut so there was stacks of apple chutney. This year’s apple harvest has been dire. I have enough to put in storage wrapped in newspaper on an apple rack to fill Joshua’s snack bag until Christmas. Having emptied the tree, under cover of dusk, at Joshua’s school, I have enough for two more runs with the still and to make about ten litres of apple juice which I might bottle up tonight. And there were a few cooking apples but its been a piss poor year.
49 days ago
Jaya never met Dad. She was born five weeks after he died. But she knows about the Grandpa who is in heaven not least because of a battered green arm chair in the corner of our kitchen where I slump between articles. It was and is Grandpa’s chair. Joshua used to visit my father with me as Grandpa lay bed-ridden in Shipston. My Dad always had chocolates by his bed so Joshua enjoyed those visits and could not remember Grandpa as anything other than a bed ridden old man being, oh so slowly, eaten away by cancer.
49 days ago
When folks like Ash Sarkar, Yanis Varoufakis, Peter Tatchell, various BBC and Guardian journalists and seemingly the whole of liberal arts academia take to the airwaves or twitter to slam Israeli apartheid, to serve up fake history, to talk of Israeli atrocities as Israelis lie slaughtered on the ground, it has consequences. When Steve Bell serves up yet another blood libel cartoon in the Guardian and is not sacked it has consequences. Many British Jews now live in terror. Here is the testimony of one lady I know, now in her sixties, a most amazing, loving and wonderful woman who just does not deserve anything like this. She writes:
50 days ago
The tweet below defies belief. Yesterday afternoon reports started to emerge of the beheadings of babies in a Kibbutz in Israel by the savages of Hamas. I call folks who behead babies savages, the BBC and the Guardian do not. I am willing to be judged by St Peter for my words. They don’t believe in St Peter and think that anyone who does is an ignorant old timer so they don’t really care about that. For a while the left argued that these claims about baby beheadings were unproven.
50 days ago
I wrote the other day on this matter HERE but the BBC plunged to new lows yesterday and I single out the Today Programme, Jeremy Bowen who really should be fired and Women’s Hour for matters which had me screaming at the radio as never before with wholly justifiable anger.
51 days ago
I reported this twitter account to twitter yesterday after it spewed some Jew hating crap in my direction. I did so as twitter has an explicit rule about posting a hateful image. Now I reckon that there are five very hateful images on the homepage of @crac67. But twitter says there is nothing to see here. Can you spot the hate below?
51 days ago
In Sydney they lit up the Opera House with Israeli flags to show solidarity after the weekend pogrom by Hamas where the death toll is now over a thousand including 40 babies found killed, usually by beheading, at a Kibbutz this afternoon. The babies are not combatants. Killing Jewish babies is what the Nazis did to stop the “virus” spreading on another generation. Even the Nazis did not usually behead the babies. Most decent folks in the West are repelled by what Hamas did but in Australia a crowd of several hundred gathered near the opera house…
52 days ago
Without any sense of irony, the flagship radio 4 show “Today” was pushing a programme on afterwards discussing how we might discuss Israel in an objective way. Taking lectures from the BBC on that matter defies belief. Listening to Today I have never been quote so angry about the way I have to pay £157 a year to fund the BBC. It stated repeatedly on Today that
53 days ago
It is okay to say you support Palestine. I do not. But the Mrs claims to do so although her understanding of the history of the Middle East is like many folks with her views, not quite as deep as that of those of us who studied it as Oxford. But there is a time and a place and as Hamas waged a pogrom this weekend slaughtering and raping women and children, shooting or cutting the throats of folks just for being Jews, it would be somewhat insensitive to shout your support that loudly.
54 days ago
My tomato harvest this year has not been great. Lots of plants were planted but I think that I need to start early growth under cloches next year. The bottom line is that we have had enough for some salads but not enough for canning. And the stacks of green tomatoes are generally too small to fry up and eat. Hence, as you can see below, I now have around eight pounds of green tomato chutney made with sultanas, apple vinegar, onions and brown sugar. It needs a bit of time to settle and store but the first pots should be ready for the Guy Fawkes night party where surely the guy on the bonfire has to be our dear leader here in Wales, Mark Drakeford or, possibly, the head of Oxfam.
55 days ago
My colleague Darren reckons these vegetables are gourds. They are aparently white acorn squashes all harvested from just one plant in the marrow patch which I suppose I must have planted. Each year I hope I grow a pumpkin but seem to produce a new type of squash. Now all of them sit in my larder where they might just last eight weeks. I think they are the basis of autumn soups but will report back if I find any other way to use them.
56 days ago
Amid the glut of marrows there is also one acorn squash. There will be more on that as it has now been harvested while I try to figure out what on earth to do with the marrow glut. Meanwhile there was also one gherkin plant which produced more than half a dozen gherkins, now also all harvested.
57 days ago
I am back with these bonus video shows and in this one my job is to play the sceptic though I own Red Rock Resources (RRR) shares – silly boy ! – and have 25% of my portfolio in gold & PGM shares. In this show I interview Andrew Bell of Red Rock Resources dissect that interview myself and then chat to Nigel Somerville before discussing the gold and PGM shares I own and why. I hope you enjoy the show.
57 days ago
I start with apologies and explanations on 2 Bearcasts appearing later than they should. Then onto Alien Metals (UFO), WH Ireland (WHI), Ashington Innovations (ASHI) and another bombshell due this weekend, BlueJay Mining (JAY) and finally Eurasia Mining (EUA) and Jubilee Metals (JLP)
57 days ago
As my investigations into Ashington Innovations (ASHI) intensify, more and more folks are coming forward. I have an absolute bombshell this weekend which, surely, even the FCA must act upon. Today a source has contacted me via Winnileaks to say how Ashington co-founder Jason Drummond used to publicly say how much he hated our numerous exposes of his antics here on ShareProphets. As you can see below, Drummond was desperate to hide the dirty washing we exposed.
57 days ago
I have already clearly demonstrated that the proposed £135 million RTO of technically insolvent Cell Therapy (aka Celixir) by Ashington Innovations (ASHI) is a complete rum and coke HERE. I have been discussing that with the FCA today. If it approves the prospectus it will be one of its biggest blunders in years. But now it gets worse.
57 days ago
If my voice holds out I shall do another bearcast later. Meanwhile I discussed the scandal of Alison Rose’s payoff. at NatWest Group (NWG) . It is symptomatic of how the 1% in the media, business & political elites live by wholly different rules and values to the 99% and why we oiks have every right to be ever more angry. Then it is onto the “dirty dozen” and the scandal of the FCA approving the £60m IPO of Regtech Open where fair value is patently zero.
57 days ago
I have highlighted the numerous red flags and dodgy deals that make no sense relating to Standard List Zamaz (ZAMZ) on this website numerous times. Its main man Dominic White made millions cashing out of the fraud Supply@ME Capital (SYME) which he helped bring to the market. Today Zamaz has announced that it has a new adviser. Which firm is so desperate that it will act for Zamaz?
57 days ago
Last year’s big bear calls at ShareStock were Tingo (TIO) and Pantheon Resources (PANR).Didn’t we do well!!! There are now just 7 seats left for Sharestock 2023 on September 23rd.If you want to enjoy a great day out and get this year’s big bear calls BOOK HERE NOW. On the podcast I discuss Tingo, Ariana Resources (AAU), Jubilee Metals (JLP), Chesterfield Resources (CHF) and Angling Direct (ANG).
58 days ago
This is wretched, tawdry and desperate all at the same time. BlueJay Mining (JAY) is all that is wrong with the AIM sewer. It has survived as long as it has because folks like hearing sweet lies and are happy to ignore red flags, seas of them, in the belief that this “get rich quick” scheme will be different. Do you remember the glory days?
58 days ago
Why anyone owns shares in the brazen fraud Tingo (US:TIO) masterminded by the Foreign Secretary’s cousin the serial villain Chris Cleverly defies belief. Those dumb enough to invest might care to consider an addendum to the risk factors at the bottom of the latest release, the one postponing Q2 numbers and SEC filings for a third time.
58 days ago
Jubilee Metals (JLP) has issued an update on its project expansions, including a successful processing facility upgrade in South Africa and copper expansion strategy “progressing ahead of schedule” in Zambia.
58 days ago
Yesterday the FCA approved the Prospectus for RegTech Open Project Plc (RTOP) so that it can list on the Standard List with a £60 million valuation, enriching Alessandro Zamboni of the Supply@ME Capital (SYME) fraud to the tune of £21 million. This detailed dossier explains why the FCA should hang its head in shame. This is a disgrace and shows that the Standard List regulator is just not fit for purpose.
58 days ago
You find me waiting for the most unreliable man in the world. No, not Darren but the Greek carpenter. All is explained. I look at Caracal Gold (GCAT), Tingo (FRAUD), Tern (TERN), Verditek (VDTK), Supply@ME Capital (SYME) and Zamboni’s new float Regtech Open Project whose £60 million valuation is such a joke surely the FCA must act to stop the con.
58 days ago
Tern (TERN) investee company Wyld Networks AB wholly owned UK subsidiary Wyld Networks Limited prepares its accounts under FRS 102. FRS 102 requires at least a 12 month forward looking statement to be made about the ability of a company to continue as a going concern.
59 days ago
I have, on these pages, discussed a number of “issues” in my family: the vicar struck off for perjury and sent to jail, the illegitimacy of my great great grandmother, a matter still unresolved, a great great Aunt so hideously deformed she was locked up in a Derbyshire vicarage until she died aged almost 60, and more. One day I shall tire of writing about stockmarket villainy and become a goat farmer and turn my attention to my family history.
65 days ago
I am delighted to say that signs warning of new 20 miles per hour speed limits as you enter Wrexham have already been vandalised. Our dear leader here in Wales Mr. Mark Drakefrd is not one to allow hard data to get in the way of his desire for more meddlesome and pointless Government as we saw numerous times in the scamdemic. Drakeford makes two big claims for the new limit.
67 days ago
Call me somewhat old fashioned if you wish, but I am not a great fan of folks who fought in Nazi Regiments in World War Two. My Great Uncle died fighting against such chaps and three of the most important people in my life are Jewish who have very few relatives left in Europe because of what those Nazi fellows got up to. But, as I say, maybe I am just old fashioned. As the excerpt below shows a 98 year old man hot a standing ovation in the Canadian Parliament yesterday with President Zelensky also applauding. The President got 10 standing ovations as he addressed the fawning MPs.
70 days ago
My family is a bit unusual in these parts. My wife is a person of colour and my kids mixed race. But 97% of folks in this part of the world are white, as opposed to 87% of the overall population. When we lived In Bristol, a big City, the ethnic percentage, at 16% was above the national norm. Non white folks are more likely to live in big Cities than out here in the boonies. that is just a statement of fact.
71 days ago
It is about twelve litres in all and yesterday I decanted the first nettle beer run of the year. The bottles should be ready for Sharestock this weekend but I may well hold back a few for personal use. There is a sweet honeyed taste and I could really get quite into making the stuff. Picking the nettles is a bit of a pain but there is no shortage of them here. And given the price of a pint of normal beer in the Peel of Bells..
72 days ago
If I had any sympathy for the Mitchell Brothers, the chaps running Turner Pope, it was on the basis that it was on the basis that they had learned from their past errors and were, enjoying a Damascene Conversion. Today came evidence that the Mitchells have learned nothing and they thus deserve the financial ruin heading their way.
72 days ago
Chris Cleverley’s brazen fraud Tingo (US:TIO) first said that Q2 numbers and the independent counsel report on the damning Hindenburg report would be out on August 10th. That became August 21 pre-market. Then half an hour before the market opened yesterday that became 5PM US Time after hours. At 4.30 PM….
72 days ago
In his article yesterday about Tern (TERN) Nigel highlighted Wyld’s weasel words that “the company expects to have sufficient funds to meet its obligations throughout 2023”. If Wyld’s accounts were prepared under IFRS accounting standards or if Wyld were listed on a “Recognised” Swedish stock exchange which would require the use of IFRS, it would not be able to get away with such weasel words but Wyld uses “Swedish Accounting Standards Board’s general guidelines BFNAR 2012:1 Annual Accounts and Consolidated Financial Statements”.
72 days ago
Thanks to the sponsorship of Sure Valley & Pires Investments (PIRI) we are expanding the number and quality of speakers and are able to offer up more fun and games at Sharestock this year - as you can see HERE. In this episode I chat to Brian Kinane and Alex Thompson of Sure Valley about the role of Google in the AI boom. Enjoy.
72 days ago
In today’s podcast I look at Crest Nicholson (CRST) and the housebuilders and why Malcolm continues to be so wrong, ditto Trainline (TRN), at Verditek (VDTK), Hydrogen Utopia (HUI) and at the mega fraud Tingo (TIO)
76 days ago
Ashington Innovations (ASHI) shares are suspended on the Standard List pending the proposed £135 million RTO of a company that is insolvent and mired in wrong-doing. The middle name of its sole director, the struck off dentist Ajan Rejinald is “scandal”. If the FCA allows this deal masterminded by, clearly morally bankrupt, SI Capital to go through it will be a massive stain on its reputation. However…
76 days ago
I guess if I had floated a business at a grossly inflated 500p share price less than three years ago, getting well paid brokers to overlook shocking corporate governance and a mad valuation I would be pissed off with bears who pointed this out and have coined it in as the shares have crashed to just 90p. Matt Moulding of THG (THG) cashed in to the tune of hundreds of millions of pounds in that September 2020 IPO and has no shame.
76 days ago
I am at the Greek hovel but with no water or phone as I explain in this podcast. However it is lovely and a first swim beckons. Before that a few words on the fake maths written about the Lionesses and then I ask you to help me and Darren with your honest comments about the IT on this website and also the editorial content. Please be honest in the comments section below.
76 days ago
Chris Irons from Quoth the Raven, never holds back.
76 days ago
Industrial components manufacturer and distributor Essentra (ESNT) has announced results for the first half of the 2023 calendar year “in line with expectations” and that it expects to make further progress in the second half of the year. Meanwhile, we look for progress from a current around 150p share price.
76 days ago
I showed you yesterday my growing harvest of crabapples HERE. Hey presto, after a few hours in the kitchen spread over two days, I have six jars of jelly. I might sound conceited here but the colour and texture are absolutely spot on. Next year 12 jars. And now onto the damsons.
77 days ago
I start with a travel tale that has my good pal the Euroloon Jonathan Price at last seeing a benefit of Brexit. Then a schoolboy error from me today. How many folks put 2+2 together to make 25 re trades in Skinbiotherapeutics (SBTX) today. I chat with Steve O’Hara of Optibiotix ( OPTI). I have some light reading for the FCA, SI Capital and Ashington Innovations (ASHI) HERE which should sink its planned RTO. Finally, there are now just 9 tickets left for ShareStock on 23 September and you can book them HERE.
77 days ago
Foundry and Machining company Castings (CGS) has issued an AGM trading statement including that “schedules are starting to reflect the underlying demand in the market” and “input prices appear to have stabilised in the current year”. Good news?
77 days ago
Yesterday I revealed that the proposed RTO of Cell Therapy into Ashington Innovations (ASHI) with a £135 million valuation was a total joke. Cell will be insolvent even if it raises £3 million in the RTO, its sole director is a struck off dentist and it is mired in scandal. I have written to broker SI Capital urging it to walk away but clearly its desire for coke and hookers money counts more than its reputation. So now to the FCA which can and should stop this bezzle.
77 days ago
My good friend, our in-house Euro loon Jonathan Price is in a terrible state after I told him about my post Brexit experience at Athens airport late on Wednesday night. More on that later. But now there is some real angst for the poor man in the battle between two demons from the Eurosceptic right: the wretched Daily Mail and JD Wetherspoon (JDW) run by heroic freedom campaigner Tim Martin. The latter has lashed out at the former.
77 days ago
Joshua is here as I record from Athens which tempers my language. I discuss our travel experience and then it is onto tern (TERN), Hydrogen Utopia (HUI) and the scandal at Ashington innovations (ASHI), where the FCA must surely wade in. Finally I apologise on behalf of Darren, the latest video is working now HERE
77 days ago
It was just over three years ago when I planted the first three crabapple trees at the Welsh Hovel. In year one I harvested half a kilo, in year two it was about one and a half kilos and this year, as you can see below, it was three kilos. It is a real pain stalking and splitting so many hundreds of little apples but its only going to get worse.
77 days ago
A day after Jason Drummond quit standard listed Ashington Innovations (ASHI), its shares have been suspended on the Standard List for an RTO which, even the FCA must surely block. The struck off dentist, the history of bogus deals and a valuation of £135 million for a company late with its filings and technically insolvent is surely just too much for the FCA to allow. I have already contacted a responsible fellow at broker SI to suggest that its rogue employee Jon Levinson who is masterminding a raise here has gone too far. The FCA is next up, when I get to the Greek Hovel and can work with a clear mind.
77 days ago
Hydrogen Utopia (HUI) likes the sort of media comment where – in return for brown envelopes – members of the NUJ say how cheap its shares are and agree to pie in the sky forecasts. Today, it has put out a statement, clearly referring to my article of yesterday. Ouch, get that handbag swinging Howie White. You are awful but … I like you. Hell’s teeth I don’t actually. Hydrogen states:
77 days ago
I start with IT issues which see the Kerim Sener interview delayed. My language and mood is foul. In the podcast I discuss Ariana Resources (AAU), Canadian Overseas Petroleum (COPL), Verditek (VDTK) and, in some detail, Tern (TERN), predicted NAV by Christmas sub 3p, target price by the start of 2024, 2p.
77 days ago
Ashington Innovations (ASHI) managed to float on the sub Standard List just over two months ago on the anniversary of D day. It says that it is a SPAC looking to do a deal in technology. The prospectus is a shocker.
77 days ago
Yesterday’s Q2 RNS from Canadian Overseas Petroleum (COPL) , as usual, was abridged and missed out all sorts of nasties. The key one from the SEDAR filing is, as I predicted HERE, an explicit warning that Canadian needs to raise even more money to avoid going bust as it is still consuming cash and will carry on doing so. Given that it is drowning in debt that will be hard. The warning, in its SEDAR filing, states:
79 days ago
Hydrogen Utopia (HUI) is running on vapours and urgently needs a fund raise in order to avoid crash landing in tits up alley. Some serious ramping is needed and cometh the day cometh the man
79 days ago
No we have not tried its product Eroxon nor indeed felt the need to do so although Lucian Miers is a grandpa these days. Eroxon is a supposed treatment for Erectile Dysfunction and recently Futura Medical (FUM) followers have got terribly excited about gaining regulatory approval in Saudi Arabia.
79 days ago
In today’s Bearcast I discuss: Marks & Spencer (MKS) and John Lewis, Amur Minerals (AMC), Ben’s Creek (BEN) – a zero in waiting – Optibiotix (OPTI), Skinbiotherapeutics (SBTX, Tingo (TIO), Canadian Overseas Petroleum (COPL) and Sharestock where there are just 11 seats left for September 23 – you can book HERE
79 days ago
As at May 30 Verditek (VDTK) was down to just £290,000 of cash. Its underlying cashburn in the first five months of 2023 was £145,000 a month. There have been a few small orders landing in H2 but nowhere near enough to get this company anywhere close to profitability. So as of today it is technically insolvent, bust, bankrupt, a fuckedcompany.com, it is a zero. As such today it has news of a new jv in Italy.
79 days ago
Naturally, the fraudster Chris Cleverly and his co-conspirators at Tingo (TIO)) have not issued a press release about this. But the SEC filing below says it all, the game is almost up.
80 days ago
Sylvania Platinum (SLP) has announced a joint venture agreement with a subsidiary of ChromTech Mining to process PGM and chrome ores from historical tailings dumps and current arisings from the Limberg chrome mine, emphasising it “represents a major step in delivery of Sylvania’s growth strategy”.
80 days ago
I discuss Gary’s sacking then a monstrous lapse of judgement from Darren which surely merits a P45. Then the ouzo moments regarding Asimilar (ASLR) and Dev Clever (DEV) and who should be going to jail if the FCA was not so ffing useless. Finally, we now have just 11 tickets left for ShareStock so if you want one book now HERE
80 days ago
There were some share promoters who pushed Dev Clever (DEV), which IPO’d at 1p, as being worth 50p per share and indeed the shares reached the 40s and were suspended at just over 30p making this a £250 million disaster waiting to happen. I pointed out that it was run from a lock up in Stafford, that it was a cash guzzling POS, the stinky share sales by the CEO ahead of a lack of profits warnings, spoof investments at a premium to the share price made by companies with no cash. My list of exposes was a long one as you can see HERE. This was always going to be a disaster but natch, mug punters knew otherwise.
80 days ago
In today’s operational update, Inspirit (INSP) as it has done since its IPO on 26 July 2013, kicked the can down the road, announcing more delays
80 days ago
Investor Gary Savage predicts both inflation and recession, a stockmarket crash and a surge in the gold price. Is he Nigel Somerville in disguise?
80 days ago
Apologies for the introduction, long covid. In today’s podcast I discuss why what Gary or I say about a given stock does not matter, in the long run what matters is cash generation or lack of it. I discuss what Stuart Ashman and Steve O’Hara said about Gary’s bear piece yesterday. I discuss house prices. And I flag up that there are now just 12 tickets left for Sharestock so if you want to come book now HERE
80 days ago
I’m kidding of course. I discuss free speech on this website and why Gary is so, so utterly wrong on Obtibiotix (OPTI) and SkinBiotherapeutics (SBTX). If he watches the videos HERE he might repent of his sins. I also mention Sharestock were there are now fewer than 15 seats left. Book HERE
80 days ago
I recently commented on the poor optics of two director resignations at Symphony Environmental (SYM). Tintra (TNT) has also had two non-executive Directors resign from the Tintra Plc Board after only a short period of time, to take up non-board roles in the wider Tintra organisation. On 9 March 2023, Tintra announced:
80 days ago
Ocado (OCDO) has been the most shorted stock in the FTSE 100 over the past few years and the bears have been roasted. Is there still a bear case?
80 days ago
In today’s Bearcast I discuss the Tingo (TIO) fraud and my bombshell expose of late last night, contrarian investing with the fraud loving Tom Dobell and Mosman Oil & Gas (MSMN), the definition of a bad asset. There are now just 15 tickets left for ShareStock on September 23. So if you want one book fast HERE. Be warned, Matthew’s Dog and Catriona will love this podcast.
80 days ago
If you can’t be bothered selecting stocks on AIM to lose money on and want to outsource your money spaffing to an expert then your worries are over, Tom Dobell is back in town. I was a piss poor fund manager for only two of my four years in that game, Dobell has ten years of shame to his name.
83 days ago
From the wake up alarm at 3 AM your time yesterday to stumbling across the doorway here in Wrecsam it was a 16 hour day. The Mrs headed off wity the kids to se my mother-in-law. I who had driven across Greece to get us to Athens airport, collapsed into bed. Here in Wrecsam it is warm amd muggy, we left the hovel with lightening all around us and yet more rain, the sixth day in seven with more forecast. Has the BBC yet reported about how rains this month are already thrice the monthly average in volume and twice in days? I thought not. I guess it still insists that Greece is becoming a desert.
85 days ago
I am not sure where my mad lefty pal L got this idea from, probably the Guardian. But as he came over for a swim and lunch yesterday he brought over warm figs in blankets – the blankets being bacon. Maybe he invented the recipe but he should claim credit for they were stunning.
86 days ago
Writer and asset manager Michael Piepenburg is another cheery fellow.
86 days ago
To lose one director in a day is understandable but to lose two looks like carelessness. Of course Symphony Environmental (SYM) says that NED Bob Wigley and Executive director Alexander Brennan, Executive Director, have resigned in order to concentrate on other business opportunities. Companies always say that.
86 days ago
It rained overnight here and it is raining again this morning and the forecast is that it will rain again all day. After yesterday’s deluge I consider the reporting of the BBC and other Doom Goblin cultists of Greek forest fires and also of weather patterns this year in Greece and claims that this country will become a desert.
87 days ago
That is the steep hill, first gear only, that forms part of the track up to the hovel. Anyhow it was moving fast in the middle of the road so the whole family got out to usher it to the side and have a look as you can see below.
87 days ago
It was the arrival of Thomas, opening a new restaurant in what was the old hardware store that changed the dynamics of the Square in our local village of Kambos. Thomas had trained in Britain and his grandmother was Miranda, of Mirands’s fame. His restaurant was one too many for Kambos, not a tourist destination but a village on the road to places such as Kardamili and Stoupa, to bear. What was Miranda’s is now on its fourth ownership in three years.
88 days ago
I did not recount the incident of the Belgian Lady during the last olive harvest, outside of a paywall protected podcast, because I wanted to avoid offence. But for various reasons my capacity to hold back seems to be diminishing so here goes for the events of the last few days have left me feeling less and less good about humanity.
92 days ago
I shall recount more about the strange life of my friend P pictured below as I recall more about the changing life in the Square in the local village of Kambos. Suffice to say, he owed me a day’s work and so was dropped off by his girlfriend this morning with his strimmer. After my heroic battles with the snake last night, I was more than glad as he cleared all the weeds and grass around the pool, around my water tank and for yards around the house on all sides.
93 days ago
As it is holiday time bedtime is later here in Greece. We try to get the kids to have an afternoon nap, as is the custom, but usually fail. So, at about 9.30 in pitch dark we returned to the hovel where, as a precaution, I have always kept a light on above both main outside doors.
96 days ago
Yesterday I lamented how my 250 olive trees needed a drink as it had not rained all month . As it happens it almost never rains here in the Mani in August but I am sure that the lack of rain will be attributed to global warming by the BBC’s Verify unit. On Friday, God provided a brief shower and we said thanks. Today… wow.
97 days ago
Or at least those of our olive trees I mentioned earlier. Yes it has rained. Not heavily but its a start. The top photo is from the balcony decking. The second is of the dark clouds higher up in the mountains behind us. We are promised more rain today and tomorrow. It is still easily hot enough to swim but my poor trees are getting a drink which is the main thing, as I explained this morning.
98 days ago
Our lunatic lefty friend L was clear: everyone says the olive harvest this year will be terrible, almost not worth doing. L likes bad news as it provides him with an opportunity to blame it on the Tories, Brexit, Global Warming, Donald Trump, the Daily Mail or Russia. In this case it is global warming and the hot weather and lack of rain this summer. But before I panicked as Jeremiah continued his monologue I needed to look for myself. For, this December, four readers of this website have volunteered to join me for a harvest: three returnees and a newbie.
99 days ago
In that category I refer mainly to our friends here, the Guardian reading maskers (still) L&G. A Trump MAGA cap and a a Defund the BBC T-shirt is what the right thinking individual is wearing abroad this year. This is me snoozing on the balcony overlooking the pool.
101 days ago
Normally Joshua and I pick blackberries for ice cream, flavoured vodka and crumbles (with homegrown apples) after we get back from Greece. But this year they started early. One of our favourite haunts is the village churchyard where there is an enormous bush in the middle and a few smaller ones either side of the fence between the graves and our upper field.
102 days ago
At the Greek Hovel there is no culture just glorious views and a pool and a lovely house. So before Joshua and I arrived to make sure it was ready for the girls, we had a brief culture tour. Joshua seems to think the only history that matters is that which occurred more than 152 million years ago, that is to say the dinosaurs. But our visit to Olympia prompted good discussions on the nature of cheating and how sport was better than war.
106 days ago
One of my jobs last week concerned what was almost the last of the asbestos which was almost everywhere when we arrived four years ago. Buried just underground in the fields, just dumped in the long grass, on sheds, and on the roof of three porches, it was everywhere.
107 days ago
Will this be enough to tempt daughter Olaf to visit her old father this Christmas. Home produced apple vodka is mixed with home grown plums and sugar. Actually one smaller jar contains blackberries picked yesterday by Joshua and me. By bonfire night what was clear liquid will be dark purple and slightly syrupy. The jars are turned now and again to ensure all the sugar – the white stuff at the bottom – is dissolved. So this should be around seven litres of fruit vodka, enough for at least a few breakfasts for Olaf.
108 days ago
Thanks to the sponsorship of Sure Valley, Riverfort Global & Pires Investments (PIRI) we are expanding the number and quality of speakers and are able to offer up more fun and games at Sharestock this year - as you can see HERE. In this first episode of Altcast looking at small caps and AIM I chat to Brian Kinane and Liam Bulmer of Riverfort about why AIM and small caps had such a dreadful H1 2023 and why that might change. Enjoy.
108 days ago
I start with Code First Girls, the BBC and why birds don’t do computing. Then it is on to Alien Metals (UFO) , insider dealing, a Gotcha moment for me and another cash crisis just after Christmas, Tern (TERN) Jim Nominees (JIM), Eden Research (EDEN) and how Jo Hart at Midas should apologise for being played and Wilko and its demise
108 days ago
Yesterday in bearcast I suggested that Alien Metals (UFO) was doing yet another bailout placing. Well knock me down with a feather, after hours it announced a book build to raise £2 million at 0.2p. The whole affair stinks and if this is not white collar crime I am a banana.
108 days ago
Last week the fraud run by Chris Cleverly of African Potash infamy, that is to say Tingo (TIO) said that it would publish its Q2 numbers and host a conference call today, 10th August. Bears like Hindenburg Research were ready to pounce with 38 questions Tingo could not answer. So what to do? Late last night Tingo said it was postponing its results to 21 August.
108 days ago
Today Tintra (TNT) made the following announcement: “Update in relation to full repayment and termination of the Placement Facility”
108 days ago
Ahead of no doubt brilliant – i.e totally made up – quarterlies tomorrow, Nate Anderson of Hindenburg Research has asked 38 more questions of Tingo (US:TIO) – the fraud first flagged up by myself at ShareStock 2022 almost a year ago, and its disgraced fraudster boss Chris Cleverly, a man exposed as a crook by this website in his African Potash (AFPO) days. Nate writes:
109 days ago
In today’s podcast I discuss Alien Metals (UFO), Hydrogen Utopia (HUI), Optibiotix (OPTI) and an email exchange with Steve O’Hara, inflation, Iconic (ICON), Futura Medical (FUM), Haleon (HLN) and Lucian’s research into curing erectile dysfunction among men of his age.
109 days ago
Yesterday Iconic (ICON) announced that it had issued its long-awaited Prospectus which resulted in a 40% spike in its share price as punters piled. The Prospectus was not instantly available but now that it is Iconic share price has already dropped back 18% at the time of writing this article.
109 days ago
A busy day dropping off Olaf’s godmother at Crewe Station and on other matters looms so, pro tem, just a couple of footnotes on things I might have overlooked yesterday.
111 days ago
Apparently Saudi is one of the world’s top ten markets for Erectile Disfunction products with 10.45% of married Saudi males unable to get it up. And so Futura Medical (FUM) is terribly excited today about getting regulatory approval for Eroxon its gel which, it claims, allows you to get a stiffy within ten minutes. But…
111 days ago
On June 8 2023 Chris Cleverly’s fraud Tingo (TIO) announced that it had engaged top law firm White & Case to review the allegations made by short seller Hindenburg Research stating: “The Company strongly believes it is in shareholders’ best interests to allow White & Case’s independent review to be carried out unhindered and it is committed to protecting its integrity. As such, the Company intends to make no further comment on Hindenburg’s allegations until the review has been completed.”
111 days ago
In today’s Bearcast I discuss a family lunch and a project for retirement, Big Sofa, MyHealthChecked (MHC), Mode Global (MODE), Wildcat Petroleum (WCAT), Skinbiotherapeutics (SBTX) and Atlantic Lithium (ALL).
111 days ago
Amur Minerals (AMC) says that it does not want to merge with the perma dog tainted with the reverse Midas touch of James Parsons, that is Ascent Resources (AST). That is smart call, walking away from the unsolicited approach makes sense. Parsons always gets richer from companies he runs, mug punters are always screwed.
113 days ago
‘Provider of engineered electronics for performance critical applications’ TT Electronics (TTG) has announced results for the first half of the 2023 calendar year, emphasising “strong organic growth in revenue and profit” and “continued strong momentum”. What of a share price currently responding up above 155p?
113 days ago
A spokesman for Versarien (VRS) has got back to me after the articles I ran yesterday saying that the 3D printing equipment is not for sale ( at present) however much the ex CEO Neill Ricketts may want to buy it and that my predictions that all the cash would have gone by October were unduly pessimistic. Okay let’s call it November then. But the real shocker is that, whatever it has said publicly Neill Rickets is still in the building.
113 days ago
I am back with these bonus video shows. I am still re-adjusting myself to Zoom so if my face looks a bit funny in part 4 there is a reason. In this show I interview Stuart Ashman of Skinbiotherapeutics (SBTX), dissect that interview myself and then ask if Oacdo (OCDO) really is the Number 1 FTSE 100 short or one for the bears to dodge. I hope you enjoy the show.
113 days ago
In today’s podcast I discuss Skinbiotherapeutics (SBTX) and Darren, Kefi Gold & Copper (KEFI), Versarien (VRS) and companies on the brink and Bidstack (BIDS) and its death spiral. or not.
113 days ago
I bring you screenshots of the Companies House page of three Versarien (VRS) subsidiaries where Ricketts is still down as a director. There may be more but I make my point with these three. Is this:
113 days ago
Such is the cash crisis at Versarien (VRS) that it is not just the non-core operations that are up for sale. The reality is that anything can go whether it is nailed down or not. The cash runs out in early October, at the latest, and the rumours from those close to the struggling operation is that disgraced ex CEO Neil Ricketts (still costing the company £21,000 a month until next Spring) is on manoeuvres.
114 days ago
Eve abused me, twice throwing my head against a wall, one made of brick, the other of metal. As I have exposed with numerous articles on this website, in two spells at the school he abused countless little boys and Warwick covered up for him. And now he is dead. The current headmaster dropped me an email to let me know.
114 days ago
https://dailysceptic.org/2023/08/08/claims-that-global-boiling-led-to-shocking-melting-of-greenland-ice-sheet-are-nonsense-the-ice-sheet-is-currently-bigger-than-normal/
114 days ago
Last week Caracal Gold (GCAT) gave an update for investors where, natch, it did not give us key metrics such as the (lack of ) cash position. It did, however update, us on the position re getting FCA approval for a prospectus which would allow it to issue gazillions more shares so diluting mug punters to buggery. “The company submitted the first draft of the prospectus to the FCA for approval on 18 April 2023. The company is working with its advisers to seek approval of the prospectus by the FCA and will update the market in due course.”
114 days ago
The last comedy set I saw at the Festival was almost 30 years ago: the rapping rabbi. It was so offensive that the small audience was rapidly depleted by walkouts and pretty soon I was about the only person still there. I think of this as my daughter Olaf performs in a play which even she admits is woke nonsense.
114 days ago
The wind-down of the POS that is Deepverge (DVRG) continues with its 1 remaining employee clearly working hard. Today we discover that Glanaco, bought for £1.1 million in March 2022 under the stewardship of disgraced Gerry Brandon, has been sold back to its original management team for just 1 Euro. Actually, it was worse than that.
114 days ago
London’s worst Nomad, Beaumont Cornish acts for dreadful small cap stocks that nobody would miss if they went bust. The frauds it has given a clean pass to are manifest, Johnny Hon’s Global Group to New World Oil & Gas, Daniel Stewart the list goes on and on. Its report for calendar 2022 is out and the word that screams out at you is GREED. This is more shocking than the penury of Turner Pope exposed here.
114 days ago
In today’s podcast I look at interest rates, unemployment, a prescient Bearcast on Wilko last November, and flying small caps, what next and what should you do?
114 days ago
The word that springs to mind is pathetic
114 days ago
I discuss GroupThink on Bulletin Boards as the word Shareprophets is banned on the LSE Asylum, the AIM awards and the corruption of the sewer and Kefi Gold & Copper (KEFI). Also an update on the Skinbiotherapeutics (SBTX) video.
114 days ago
At midnight last night the nominations process for the Annual AIM awards closed. Seriously you could not make this up..
114 days ago
Since I wrote about Iconic (ICON) on 1 April 2023 discussing its interim results for the six months ended 31 December 2022 “Iconic Labs – an insolvent shell company needing to get an FCA approved Prospectus published and to issue bucket loads more confetti to survive” not much has changed. In fact….
114 days ago
Molten metal flow engineering and technology company Vesuvius (VSVS) has announced its results for the first half of 2023 and says that it feels confident to modestly increase full year expectations. Good news.
114 days ago
Platinum group metals producer from South Africa Sylvania Platinum (SLP) has issued its fourth quarterly report for its year ended 30th June 2023, noting its production exceeded forecasts and “strong cash reserves to allow funding of expansion and process optimisation capital and upgrading of the group’s exploration and evaluation assets with the potential to return value to shareholders”. So what of the shares currently around 70p in response?
114 days ago
You will find the results, just out, below. I discuss and analyse. I also look at VSA Capital (VSA), Tern (TERN), Versarien (VRS) and Canadian Overseas Petroleum (COPL). And yes, I have recorded an interview with Skinbiotherapeutics (SBTX) today.
114 days ago
Since the start of this century, Carl Icahn’s IEP has delivered an annualised return with dividends reinvested of 12.8%. That Buffett fellow has managed just 10.8% at Berkshire Hathaway while the S&P has delivered just 6.9%, the Dow 7.4% an d the Nasdaq 100 7.1%. Icahn’s aggressive corporate activism has paid off.
115 days ago
A trading update is meant to inform by posting key metrics. You can therefore assume that any company posting an operational update which excludes the key metrics has something to hide, that is to say bad news. And that brings us to a July operational update from Argo Blockchain (ARB).
115 days ago
On 16 May 2023 serving up (piss poor) 2022 results recruitment minnow Parity (PTY) made bold claims. Bollocks claims as it now turns out. It stated:
115 days ago
The broad bean crop this year was a bit of a disaster and we shall gloss over that. But I have had some success with dwarf French beans which have supplied a few meals and keep on going. They are, as I have explained to Joshua, magic beans. You see them below as picked, a deep purple almost black. But you then boil them and they turn green. Magic. There are about two more meals of beans and then where the plants were growing will be used for another couple of rows of radishes to be ready, pickled, for ShareStock.
116 days ago
A “TR-1” (shareholding) announcement on the holding of Optibiotix Health (OPTI) in SkinBioTherapeutics (SBTX). So what’s this news?
116 days ago
In today’s bearcast I cover ITV (ITV) and long term trends in telly land, Wishbone Gold (WSBN), Alien Metals (UFO), Kefi Gold & Copper (KEFI), my speed awareness course and my garden, Parkmead Group (PMG) and Canadian Overseas Petroleum (COPL).
116 days ago
The blockchain to NFT to AI to whatever bandwagon is next entity run by ex ADVFN boss Clem Chambers with well remunerated help from his sons, that is Online Blockchain (OBC), must surely be running on vapours. Finally it seems that investors are waking up to the lifestyle joke that this is. Gone are the days when the shares were pumped by Clem’s pals allowing a placing at 100p. The shares are now just 13p.
116 days ago
Gold bug, author and investor Alasdair Macleod believes that the US dollar is heading towards a major financial crisis due to its unsustainable debt trap, contraction of bank credit and rising interest rates. What a cheery fellow.
116 days ago
The maths on this share tip from disgraced Mike Walters of the frauds Minmet, Polly Peck, 3DM, and the list goes on and on, infamy are clear. Verditek (VDTK) is – as of today running on vapours and unless it can get a bucket shop – deeply discounted – placing away, the shares should be suspended pending clarification. To recap for chairman, Tory Toff, Lord Willetts:
118 days ago
Back on July 12 Deepverge (DVRG) announced that it was making all its staff redundant and ceasing to fund its operating businesses as the cash was almost gone. The last staff left on July 31 leaving just the PLC board.
118 days ago
The AIM Market statistics for July 2023 have arrived. Yo bogus Sheriff Marcus Stuttard: why do you think things are going so badly on the sewer?
July 2023 saw 1 new joiner and 5 departures taking AIM down to 788 companies.
118 days ago
In today’s podcast I consider US opinion polls as President Trump is indicted for a third time, Alison Rose and women FTSE 100 directors and how Ms Rose screwed women customers of NatWest (NWG) in particular. Then it is onto Orcadian Energy (ORCA), Optibiotix (OPTI), Wildcat Petroleum (WCAT) and Bushveld Minerals (BMN)
118 days ago
You want your broker to be good at his or her job and to be judged accordingly. You are so much of a bloody dinosaur. This is 2023 FFS. PIMFA the trade body for financial services has announced the short list for its 2023 Diversity & Inclusion Awards. You and I know that this bollocks adds to the cost base of member firms which you and I, the customer, ends up paying for. As for the black tie awards ceremony… in the end you know who is paying for that too, don’t you?
118 days ago
I am in no doubt whatsoever that Chris Cleverly’s Tingo (US:TIO) is a fraud and a zero in waiting. I was the first bear to call it out almost a year ago at ShareStock* and the research by Nick Slocum, Hindenburg et al is damning. Claimed operations, customer contracts, customers and, I bet cash, simply do not exist. I have exposed the fraud of Cleverly and the antics of Darren Mercer for years, receiving lawyers letters and trolling in return but triumphing as it was the bad guys whose companies were fined and slung off UK listed markets. Not me. However, I had two calls yesterday coming in…
118 days ago
https://www.dailymail.co.uk/columnists/article-12327383/PETER-HITCHENS-Ive-learned-one-precious-lesson-expansion-universities-failed.html
119 days ago
Truly this guy is not only an investment sage but a budding poet. In today’s podcast I discuss Probiotix (PBX), Skinbiotherapeutics (SBTX), Chapel Down, insider dealing, Wishbone Gold (WSBN), Predator Oil & Gas (PRD), Pennpetro (PPP), Tirupati Graphite (TGR) and Eco Buildings (ECOB).
119 days ago
I discussed Optibiotix (OPTI) selling 3% of Skinbiotherapeutics (SBTX) in bearcast yesterday HERE. As a result of the disposal I have cut my target for Optibiotix from 82p to 78p but the cash position is enhanced so it is de-risked. But I am pissed off, not least with the way broker Cenkos behaved. I think Cenkos should be fired. Here is how the conversation between Cenkos and O’Hara went ( I imagine):
119 days ago
Welcome to newspeak. Well done evil spinners IFC Advisory (of Versarien infamy). War is peace. we have always been at war with Eastasia. MGC announces a share purchase plan. The Ministry of Truth is doing wonderful work. For MGC Pharmaceuticals (MXC) share purchase plan is in fact an offer to sell new shares to the mugs already on the shareholder roll. And the excuse?
119 days ago
David Lenigas has ramped the insolvent standard list company where he has seized control, PennPetro (PPP) on twitter with gay abandon as we have detailed here on a number of occasions. I hope those who ignored our numerous warnings of its technical insolvency, shit assets and Lenigas ramping lubed up, for today the shares have been suspended.
119 days ago
Maybe there are some folks out there who think young women having their boobs chopped off as part of the trans process is okay. Some will think it insanity. But, I suspect, very few customers of Costa Express will think it is something to be celebrated and have rammed down their throats. But some over-promoted liberal arts graduate in marketing thought it would be a wonderful idea. You wonder why #BoycottCostaCoffee is trending on twitter? The owner of Costa, incidentally, is Coca Cola, not that I will be boycotting coke zero. However…
119 days ago
https://www.zerohedge.com/news/2023-08-02/uk-court-testimony-miss-trenchard-penetrated-rape-victim-her-penis
119 days ago
Following on from the first bombshell exposes in today’s results from Tintra (TNT) there is worse to come and anyone holding the shares really needs to lube up as this is quite shocking.
119 days ago
I start with a question: £100 + 3 points or a speed awareness course by Zoom? Then I look at the track record of the new bird CEO at BT (BT.A) and ask why she is worth £1.1 million ( plus up to 200% bonus) a year? Then Wandisco (WAND), Chill Brands (CHLL), Optibiotix (OPTI), Skinbiotherapeutics (SBTX) and IOG (IOG)
119 days ago
The bastard offspring of Howard White and Powerhouse Energy (PHE), Hydrogen Utopia (HUI) has graduated from the Aquis lobster pot to the Standard List but as it boasts of ever more rapid expansion, at least in terms of signing MOUs if not actually delivering anything, it is rapidly running out of money.
119 days ago
Today, at a leisurely 9am just an hour before its scheduled AGM (for which notice was provided on 7 July 2023), Tintra (TNT) issued its unaudited results for the year ended 31 January 2023. That is not the act of scholars and gentlemen and naturally demands further scrutiny. What is being hidden?
120 days ago
The FCA Investigation into Wandisco (WAND) and its fraudulent sales continues. I wrote to it last week about the way that ex CEO Dave Richards MBE and CFO Erik Millar were given huge bonuses solely because of fraudulent sales figures. Now I have written again on the subject of payoffs.
120 days ago
Fear not it is a routine operation and the Old Boy is planning to be back at his desk in time to pen his column for Wednesday but he has just faxed over news from the Glan Clywd hospital in Bodelwyddan. Malcolm writes…
120 days ago
I don’t think Greene King (GNK) will go bust for along while but I delight in its woke folly, so typical of big corporates today. Then I discuss Gary’s piece on Bushveld Minerals (BMN) and why I am a perma bear.
120 days ago
I start by asking why if the Met Office could not predict the weather today why I should believe its 77 year forecast? then I look at whether anyone is ever not rewarded for failure these days, ref NatWest (NWG), Wandisco (WAND) and Pod Point (PODP). Then to 3 articles concerning Compass Group (CPG) and the comedy of “Project Equity” – illegal woke madness - HERE, Andrew Neil comparing EU and US economic performance HERE and Kefi Gold & Copper (KEFI) is it all systems go? HERE
120 days ago
The rise of the Degrowth Movement, which is incongruent with capitalism and efficiency, is an example of how ‘green is the new red’. This ‘programmed socialism’ wants to shrink the economy, as can be seen at the Degrowth conference, where 18 hours of intense debates present ideas like blackouts being intentionally accepted as normal and beneficial. The levels of propoganda are staggering. We are slowly heading towards a centralized, Maoist/Stalinesque level of control.
120 days ago
Yesterday I detailed the catalogue of schoolboy accounting errors in the final results from Limitless Earth (LME). I made the Nomad aware but as this is AIM it seems as if nobody cares. Perhaps dropping a note to the FRC might concentrate a few minds round at Cairn Financial? The annual report has now been published and fresh horrors emerge.
121 days ago
Gold miner in Egypt Centamin (CEY) has announced results for the first half of the 2023 calendar year emphasising “Improved results driven by strong operating performance and stringent cost management” and “in a robust position to deliver the next stage of growth including further optimisation at Sukari and continued development of the Doropo project”. Sounds good, and the shares have currently responded higher.
121 days ago
Gold bug and Vietnam vet Bob Moriarty talks an awful lot of sense. That is he says the sort of things which would have my Mrs and Euroloon Jonathan Price, both great folks, spitting out their cornflakes.
121 days ago
I start with a housekeeping announcement on the Probiotix video before turning to the woke economics lunacy that is Woman’s Hour. Then it is onto Chill Brands (CHLL), could it be another Dev Clever (DEV)?, Canadian Overseas Petroleum (COPL), Versarien (VRS) and finally Avacta (AVCT), is it trying to do another placing and the other reasons why its shares are such a strong sell.
121 days ago
Limitless Earth (LME) issued its results for the year ended 31 January 2023 today. Suffice to say the numbers are piss poor but the schoolboy accounting errors are off the scale. A proper company with a proper CFO on a proper market would have to restate.
121 days ago
I should not be shocked that WH Ireland (WHI) is up shit creek having to refinance at 3p, 19p below yesterday’s share price. Throughout my three decades in finance, every few years, whoever has been running the show WH Ireland has almost gone bust. Today is not the first time that the broker, Nomad and wealth manager has been at death’s door. WH Ireland should not be listed.
123 days ago
The FCA should have suspended trading in the shares of Cineworld (CINE) weeks ago as I explained HERE but its crack team of regulators was too busy on the latest report into how the transgender pay gap in financial services is causing global warming to actually bother applying its own rules. But today the shares have been suspended. It is game over. They are officially worthless. Having called them as a sell at almost 200p that’s an ouzo on cornflakes moment for myself.
123 days ago
I am back with these bonus video shows. I am still re-adjusting myself to zoom so if my face looks a bit funny in part 2 there is a reason. In this show I interview Steen Anderson of Probiotix (PBX) and resources expert Gary Newman with long and short ideas. I also comment on ITV, Canadian Overseas (COPL) and a few macro matters. I hope you enjoy the show.
123 days ago
In today’s Bearcast I discuss Bud Lite, NatWest Group (NWG) and ITV (ITV).
123 days ago
The FCA Investigation into Wandisco (WAND) and its fraudulent sales continues. I do not expect it to affect the business going forward but I hope that it results in ex CEO Dave Richards MBE and CFO Erik Millar being thrown to the wolves if not into jail. I have dropped the FCA a note focusing on the issue of 2022 bonuses, as you can see below
123 days ago
There is a virtual annual meeting on October 4 from 10 AM to noon. The main purpose is to approve the annual report and accounts of the FCA but folks, anyone even me, is allowed to register and attend and can pre -submit questions. No doubt what the FCA will want to be quizzed on is what it is doing to achieve carbon net zero and to close the LGBTQA+ pay gap within financial services. But…
123 days ago
Who could have predicted this shitshow? I did but pompous Andrew Monk (Oriel College Oxford, don’t you know) insisted I was talking nonsense. You may well remember that Monkey only managed to record a profit last year by booking a £1 million fee from Aquis lobster pot listed Silverwood (SLWD) for advising it on its purchase of 20% of Lush. The fee was payable in shares which are completely untradeable. Uh oh!
123 days ago
It is only a couple of years since Online PLC became Online Blockchain (OBC). But blockchain is so old hat. Then there was the NFT spoof ( Rocky Horror division). What happened there? Er… So a new “angle” is needed. Today Clem Chambers jumped on the AI bandwagon with Synthia, a total spoof. Surely it is time to change the name again?
123 days ago
This year the raw vodka, made with apples, is home made not bought cheaply from Lidl. It was not meant to be vodka but that is another story. But it tastes like vodka not apples so has been put in jars with sugar and plums picked from the old tree behind where the snake barn used to be. It had a terrible 2022 but this year is dripping with plums which I have handed to my in-laws and neighbours but we are still drowning in them.
123 days ago
I am not saying it would or should but given that it is spaffing money on exploration in Ethiopia why isn’t it just buying into/buying Kefi Gold & Copper (KEFI). The answer might reflect badly on Kefi, I just do not know. I also consider Centamin’s (CEY) results. I start with snake barn thoughts. Then it is onto Alison Rose and NatWest (NWG) and Karl Monaghan at Wandisco (WAND) and why I despair about UK PLC and how the great and the good are protected. I consider Rua Life Sciences (RUA) and Great Western Mining (GWMO)
123 days ago
When I first raised numerous red flags about ICG Longbow (LBOW) the major one was the carrying value of its exposure to Royale Parks Ltd. Natch it dismissed my report in a patronising RNS. Now Royale is in administration and what the Administrator has to say suggests that it was my red flags dossier rather than ICG’s dire rebuttal that was bang on the money. Enjoy.
123 days ago
7p was the wrong price for shares in Optibiotix (OPTI). Anyone who has watched last Thursday’s video interview I did with Steve O’Hara HERE will agree. But what about 37.6p where they are now valuing the company at £33 million? Is that crazy? I write as a shareholder for more than 10 years!
123 days ago
Her position was untenable after she admitted – as I suggested was the case here – that she was the person who leaked to the BBC details of Nigel Farage’s bank account at Coutts and a claim that he was not targeted because of his political views. Many banking experts and media types have such Farage derangement syndrome that they defended Alison Rose the CEO of NatWest (NWG) the owner of Coutts. I disagree with Farage on much but what Rose and Coutts did was wrong. I could see the wood for the trees.
124 days ago
Optibiotix (OPTI) shares are now 32p and still cheap. How cheap? I will be doing a detailed piece with revised numbers within 48 hours. But first I respond to a bit of trolling. And I flag up who my next CEO guest is on the video show. Then I look at Trackwise (TWD), Wandisco (WAND) and Brighton Pier (PIER)
124 days ago
One can almost picture the scene at the house named after Saint Monbiot this morning as one shareholder started his day…
124 days ago
After a $30 million bailout fundraise at just 50p, shares in Wandisco (WAND), suspended at 1310p, have relisted, crashed and are now just 49p but I would not touch the stock with a bargepole and here is why.
124 days ago
Evil Banksta is the sort of naïve chap who thinks that the FCA actually bothers implementing its own rules. If I had a bridge to sell I know who I’d be selling it to. He has again written to the FCA pointing out that the crack regulators are ignoring their own rules regarding Cineworld (CINE) in not suspending the shares at once for a failure to publish results. The credulous fellow writes in his own name:
124 days ago
Operation Cassady is a wide ranging and massive City of London Police operation into huge boiler room frauds where mug punters invested tens of millions into worthless companies. I helped the Fuzz with this as you can see HERE. The boss of one company under investigation, Eden Pharma a duff POS I exposed HERE has now hit back in the letter below.
125 days ago
Photos later but it’s exciting. Then on losing a bet with Joshua, More Acquisitions (TMOR), Wandisco (WAND) fesses up after my article last week but in a spineless way, musicMagpie (MMAG), Optibiotix (OPTI), Canadian Overseas Petroleum (COPL) & Guild ESports (GILD)
125 days ago
Anyone who boasts of working with Seth Freedman and the convicted felon Nick Leeson, as Doc Holliday does in the recording below is, by definition, not a scholar and a gentleman. But then again Rod McIllree of BlueJay Mining (JAY) infamy is a total scallywag. Doc wants to call an EGM to oust Rod from More Acquisitions (TMOR) – and I back Doc as I explained HERE. The two went at it hammer and tongs at More’s AGM on 10th July as the recording below shows. Pour yourself a cold beer, get a bowl of popcorn and enjoy as it is fabulous stuff.
125 days ago
From £70 million to nothing, as Deepverge (DVRG) awaits almost certain administration investors in this company will have lost everything. But did someone make a packet? I bring you below three tweets and an article by the Sith Lord Zak Mir of Lift Global Ventures (LFT). The article ( dated 7 February 2023) talks of a “tsunami of cash” being on its way to Deepverge. Hmmm.
125 days ago
I will base my announcement about a possible “joint venture” the Geordie Nightingale on the terms announced by Canadian Overseas (COPL) about a possible joint venture on its Cole Creek acreage in Wyoming.
125 days ago
Today marks the repayment date for the loan to Stock Loan Solutions LLC over 778,571,429 Supply@ME Capital (SYME) SYME shares. So far there has been no RNS issued about whether Alessandro Zamboni has repurchased the shares or as is much likely simply let the deal lapse as in reality, I suspect that Stock Loan Solutions LLC sold its shares years ago at much higher prices than today.
125 days ago
Eight Capital Partners (ECP) shares remain suspended as a result of my letter to the Financial Reporting Council about its inappropriate accounting treatment of its investment in the 1AF2 Limited bond described below in Eight’s RNS of 3 July 2023:
125 days ago
“Resigned” from his last job at WPP after a scandal involving claims about expenses and a £300 hooker, Sir Martin Sorrell is still the BBC’s go to man as a great and the good fellow to opine on matters such as Brexit (bad), global warming (man made) and being a business visionary. Shares in his latest venture S4 Capital (SFOR) were 800p 22 months ago. They are now 116p after yet another dire profits warning. I wonder of the visionary foresaw that?
125 days ago
I start by asking who would pay £5,000 to hear Nick Leeson talk. And they say crime does not pay. Apparently he day trades Avacta (AVCT) which says it all. Then, prompted by Gary’s piece today, I explain why I reckon Ben’s Creek (BEN) is a zero.
125 days ago
Premier African Minerals (PREM) is running on vapours and facing legal action that could well blow it up and as such nobody will give it cash to pay the bills. And so it has no choice but to agree to an “unusual” loan from CEO George (Cock) Roach which will see him risk not a cent? Confused?
125 days ago
Some folks have learned nothing from the Jeremy Vine incident. Social media is a sewer. Today Gary engaged with an obvious nutter. I discuss.
125 days ago
Pension consulting and administration group XPS Pensions (XPS) has announced an agreement to sell principal employer and scheme funder of the National Pensions Trust, XPS Pensions (Nexus) Limited, to SEI and for a strategic partnership between the organisations. What’s the detail and what of a current share price response up further to around 190p?
125 days ago
In today’s Bearcast I discuss Optibiotix (OPTI), Kefi Gold & Copper (KEFI), THG (THG) and Argo Blockchain (ARB).
125 days ago
I have not heard the word “capitulation” for a while. But trader David Brady discusses what capitulation will look like in this environment.
125 days ago
These bonds were issued with an 8.75% coupon at $25 and are due to be redeemed in full in just three years. They are either extraordinarily cheap or the equity is extraordinarily overpriced even after its sub-scale fund raise this week. Let me explain.
125 days ago
Deepverge (DVRG) has all the hallmarks of being a zero, a once £70 million company going bust. Its shares are suspended and mug punters have lost everything. But ….
125 days ago
I start with Ms Rose and NatWest (NWG). then I look at Optibiotix (OPTI) and why I would not sell at 15p after interviewing Steve O’Hara today. I look at Cakebox (CBOX), AMT Energy (AMTE), Lansdowne Oil & Gas (LOGP) and at IOG (IOG).
125 days ago
As Jonathan reminds me frequently, we 17.4 million xenophobes ( including my wife of Indian origin) were too stupid to understand the question of Brexit and so the only solution is to make us all vote again. George Cockroach, the boss of Premier African Minerals (PREM) has a similar view of his shareholders: the dumb fucks need to vote again.
125 days ago
Writer Francis Hunt, the founder of The Market Sniper talks about why inflation has not been “cured” yet; it looks better only because it is being compared to previous numbers and basing effects. He says that year-on-year effects have decreased, but the consumer is still taking a hit. He argues that the declining dollar and prices is an indication that US inflation will likely surge soon.
125 days ago
I have warned you often enough that Tintra (TNT) would blow itself up and it has now issued a RNS stating it is faces delay in getting its audited accounts for the year to 31 January 2023 finalised after six months and might, as a result, get its shares suspended on August 1. This is a massive red flag but what is the problem?
125 days ago
I discussed the scandal of the closing of Nigel Farage’s bank account by Coutts on political grounds in a podcast yesterday HERE. Like the heroic Peter Tatchell who has opined on this matter, I really disagree with Farage on many things, but I argue that what Coutts has done is scandalous. But this scandal now looks like it is ratchetting up and very well could cost Dame Alison Rose, the boss of NatWest (NWG) which owns Coutts, her job. Here’s why.
126 days ago
Yes size does matter as the photos below show.
126 days ago
First, thank you for kind words on my in-laws and yesterday’s burglary. Then it is onto Ariana Resources (AAU), Optibiotix (OPTI) and Skinbiotherapeutics (SBTX), Tintra (TNT), Canadian Overseas Petroleum (COPL) and Argo Blockchain (ARB).
126 days ago
Without mentioning that he is the chairman, shameless David Lenigas is again ramping shares in technically insolvent Pennpetro (PPP) again as you can see below. You might care to note from where Lenigas is tweeting.
126 days ago
In the first half of 2022 Argo Blockchain (ARB) burned cash despite the bitcoin price averaging $37,000. With the bitcoin price higher than it was but nowhere near $37,000 let alone a level that would ensure cash neutrality, the company’s shares were ramped up to 17p on the basis of some low grade pumping. After the pump…
126 days ago
Oh dear. How is stale bull Gary Newman faring this morning? Audioboom (BOOM) about which I warned the complete-angler has served up half calendar year numbers which are, at every level, piss poor and the shares have slumped to just 180p. Please, young Gary, don’t go bottom fishing, for there is worse to come!
126 days ago
Following my three exposes yesterday I put a number of questions to Wandisco (WAND) via its PR firm FTI Consulting. I have also reported Dave Richards to the Charity Commission with whom I had a fruitful conversation. Next up will be the taxman but that is a bit complicated.
127 days ago
Versarien (VRS) has today, after hours natch, announced that it cant find an external chap to act as CEO as it heads towards insolvency so has promoted Stephen Hodge from CTO to CEO to steer the Titanic for its last few yards. It has also announced that Neill Ricketts has finally left the board. as a reminder:
127 days ago
The phone call that was today’s person from Porlock was my mother-in-law who had just come home from an appointment to find smashed windows in her house just across the river from here. My 93 year old father-in-law, deaf as a post, had slept while burglars stole everything of value throughout the house. What a world we live in. From that I move onto the scandals of Dave Richards and Wandisco (WAND), Canadian Overseas Petroleum (COPL), Miriad (MIRI), Bidstack (BIDS), Supply@ME Capital (SYME) and Oxford Nanopore (ONT) and dual US listings.
127 days ago
127 days ago
Earlier I looked at the obscene bonuses awarded to ex Wandisco CEO and CFO David Richards MBE and Erik Millar in a year when they brought the company to the verge of bankruptcy. I still cannot see how this can be allowed. Now let’s move on to the stinking related party deals involving Richards which, in a way, are even more shocking.
127 days ago
I was in Chester the other day, at the grittier end of town to pick up my lawnmower. The kids and I decided we needed to do a mini shop so went to the local Asda, a rather down at heel place. The highlight was my two-year-old Jaya insisting she wanted to get the 2 litres of milk and carry it. She promptly dropped it and the plastic container broke spreading milk everywhere. The staff were most understanding. Elsewhere I could not help notice what you see below.
127 days ago
It is on page 42 of the Wandisco (WAND) annual report, sent to shareholders yesterday, where you find what must be the most disgusting reward for failure the AIM sewer has ever seen.
127 days ago
The participants are disgraced James Parsons and Richard “nobody, apart from Brokerman Dan, likes me and I don’t care” Jennings and the occasion is a Corcel (CRCL) investor meet on Wednesday not Tuesday as I mispoke in the podcast . Go along and take a camera and send me the film. I also discuss Advanced Oncotherapy (AVO), Oxford Nanopore (ONT), Ceres Power (CWR) and Dianomi (DNM)
127 days ago
I did ask in a prior article who would be stupid enough to back a rescue refinancing at now delisted All Active Asset Capital (AAA)? I should have known. Okay, it is other folks’ money being spaffed but cometh the day cometh the man: the Sith Lord Zak Mir.
127 days ago
So Hindenburg has shown Chris Cleverly’s Tingo (US:TIO) is a fraud as I first explained at Sharestock last September. Nigerian debt rating agencies say its a fraud. Now here is a New York Judge saying its a Norfolk. At what point do the SEC, Deloitte or White & Case blow this up. A more obvious zero you will not find.
127 days ago
Sam Smith, who quit as CEO of FinnCap (FCAP) shortly before a series (not yet) finished of dire profits warnings having, imprudently, racked up the cost base in the face of an obvious oncoming macro storm, claiming that her resignation was to allow her to get her leg over, now has time on her hands. Sorry to hear about the downturn in the how’s your father department Sam. Anyhow she has today become a NED at Solid State (SOLI).
127 days ago
Desperate to pump its share price as the fat Lady has pencilled in a gig for well before Christmas, Cellular Goods (CBX), David Beckham’s failed CBD play has announced more complete horse on the seaweed front. Make no mistake, its intent here is to deceive as any desk-top research will show.
127 days ago
Nick Giambruno, founder of The Financial Underground and Editor-in-Chief of the Contra Speculator is the sort of conspiracy theorist I like my wife to listen to in order that she realises how moderate and mainstream I really am.
127 days ago
I start on the matter of R&D tax credits. Maybe readers can help by nominating companies such as Deepverge (DVRG)) and, I think, Versarien (VRS) which have taken the piss in this regard and maybe in for a nasty shock. Then on to UK house prices and why Malcolm is so 100% wrong on housebuilding stocks, and the UK and US General Elections next year. On the latter the polls really are a damning indictment of American politics.
127 days ago
I am waiting for the village facebook page to have another two minute hate against me for taking down the 1950s iron shed known as the snake barn. “It was part of my childhood, it’s Welsh cultural history, bloody newcomers, it was so much better with the previous owners, blah, blah, blah.” bleats some in-bred sheep shagger. It is callled the snake barn becuase in it I stored some of the vast amounts of asbestos the previous owners had squirrelled away in the sheds and fields here and I want to keep my kids away from that. But now the barn has gone and that means that you can actually see our gorgeous 1600s listed farmhouse as you walk down the lane to our home.
128 days ago
Analyst Michael Singleton explains his approach to the financial markets and business cycles, which are broken down into growth cycle, inflation cycle, and policy cycle. He believes the current inflationary picture is near its end but wage growth is still high. Mike says that the stock market has the highest correlation to the ISM manufacturing PMI, and that it’s important to pay attention to market history and study cycles for guidance.
128 days ago
In today’s podcast I discuss the idea that you can cure inflation without pain, public sector pay hikes and folks paying their mortgage with a credit card. I look at the idea of abolishing inheritance tax in such a context: does Rishi Sunak really have a death wish for his party? Then it is onto Zoo Digital (ZOO) again and onto IOG (IOG).
128 days ago
Shares in ‘engineered electronics for performance critical applications’ company TT Electronics (TTG) were above 200p as recently as April, but are now available at a 153p offer price. Following an AGM trading update in May and with half year results scheduled for 3rd August, we now consider the shares a recovery Buy.
128 days ago
I start with why I have reported a Predator Oil & Gas (PRD) shareholder to the Leicestershire OId Bill – #BoycottWoodlandsWholesaleNursery. I’ve had enough of it all and sooner or later some moron is going to get his collar felt. Bring it on. Then it is onto Versarien (VRS), Zoo Digital (ZOO), actors and porn actors and the march of AI, MGC Pharmaceuticals (MXC) and Argo Blockchain (ARB) whose shares are surging.
128 days ago
Shares in this dreadful company were 2.25p with the company capitalized at £70 million on January 11 2022 when I published a, crammed with red flags, dossier. Bulletin Board critics and advisers said I had it all wrong. Today the shares have collapsed by another 55% to just 0.115p after a bailout placing and warning that the Fat Lady may have a gig. More ouzo for a once again vindicated sheriff who has warned folks so many times.
128 days ago
I am back with these bonus video shows. I am still re-adjusting myself to zoom so if my face looks a bit funny there is a reason. In this show I interview Steve O’Hara of Optibiotix (OPTI) and short seller Lucian Miers on 4 short ideas. I also comment on Versarien and the inevitability of Neill Ricketts dumping his shares. I hope you enjoy the show.
128 days ago
Just 1p! Yes you read that right. Gone are the days when Neill Ricketts was dumping shares at almost £2 and mug punters used to discuss whether fair value was £10 or £100 and how to get myself and Lucien Miers killed. That is in the past. Today Versarien (VRS) has raised just £650,000 gross to keep the lights on for another three months. But it is still screwed.
128 days ago
Yesterday I pointed out the latest menacing twitter tweet of Predator Oil & Gas (PRD) boss Lonny Baumgardner HERE. Quite simply normal CEOs do not behave like that anyone with half a brain cell can see that it is a red flag. Sadly, Keith Quick does not seem to have half a brain cell but instead has the IQ of a cheese sandwich..
128 days ago
Nate Anderson of Hindenburg Research is not letting go. His latest tweet shows another utterly blatant bit of fraud by Tingo (US:TIO) generating another completely bogus $110 million of sales no doubt on a high margin! This who company is fake, its sales, its operations, its profits its reported cash. Stevie Wonder can see that, So what the hell is the SEC doing not closing it down and arresting Cleverly, Darren Mercer and Dozy Mmobousi? Moreover..
128 days ago
I wonder if Oliver Smith has a wife and kids. Or an employer. What would they think of him abusing a 22 year old girl on twitter as you can see below?
128 days ago
Yesterday I looked at the appalling value destruction at Mosman Oil & Gas (MSMN) and asked if there was any worse record on AIM. A kind reader suggests that i look at that of Mr James Parsons.
129 days ago
It is a climate emergency shrieks the mainstream media. Rhodes is burning down. Everyone is being evacuated. Three weeks ahead of my next trip to Greece I am not panicked. As I noted in a podcast last week, the headlines on this matter are wilfully misleading.
129 days ago
Firstly thank you on many messages re Olaf and her First. Then news that I am restarting the video shows and in that vein I had a long chat today with Lucian about gold and also Canadian Overseas Petroleum (COPL). I mention 4 gold stocks I own. Then it is onto MusicMagpie (MMAG) and Mosman Oil & Gas (MSMN) and a contest. Can anyone find a listed share, still listed, with a worse share price record than Mosman?
129 days ago
As I found out to my cost, anyone who questions the bull case for Predator Oil & Gas (PRD) will be threatened by its thuggish boss Lonny “the prick” Baumgardner. Lonny, whose company will do anything to avoid issuing a prospectus, as it raises cash again and again and again, is at it again. You have been warned:, those chaps at Predator don’t like it up ‘em.
129 days ago
I flagged up earlier how these numbers from musicMagpie (MMAG) breach IFRS rules but that is really the least of the company’s problems. When the company floated in April 2021 it was profitable and had net cash. Now it is drowning in debt and loss making. Thank heavens that founder shareholders including the CEO’s wife were able to dump £95 million of their shares at the 193p IPO onto dumb fund managers. The shares are today 15.5p.
129 days ago
Analyst Luke Gromen of Forest for the Trees is one of these stale bulls of gold who has to explain away why bullish predictions of what would cause gold to surge have all come to nowt!
129 days ago
IPO’d by Sam Smith, the woman celebrated by the sisterhood and woke media as the postergirl for feminists in the City, at 27p per share, shares in FinnCap (FCAP) are just 7.75p today after the publication of shockingly bad results for the year to March 31. Smith stepped down in September and within weeks there was an awful profits warning and the new CEO had to start slashing costs to survive. Then came a merger with also suffering Cenkos (CNKS), two drunks propping each other up. This is the legacy of Sam Smith, who told the Daily Mail she only stepped down to start getting some “how’s your father.” The reality is Smith fecked it up.
131 days ago
I shall turn to what are quite dreadful results shortly. However it is worth flagging up a schoolboy error, a breach of IFRS Rules as musicMagpie (MMAG) serves up its piss poor results for the six months to May 31.
132 days ago
No BBMs do not get too excited. It is not me for I have done nothing wrong. My discussions were about the obscene email one such moron sent me last Friday. After that I discuss IOG (IOG), pointing you to two tweets from morons below and the share price chart. I await apologies for I am never short but am usually right. IOG is very possibly a zero, today’s update is grim. Then it is onto Mirriad Advertising (MIRI), Cloudbreak Discovery (CDL) and its disgraced CEO, Unbound (UBG) , MGC Pharmaceutics (MXC) and Flip Flop’s Kavango Resources (KAV) and why Ben Turney should be sacked in disgrace.
132 days ago
I write here as an observer of hilarity but not an entirely dispassionate one as I consider that Predator Oil & Gas (PRD) is grossly overvalued, run by scallywags and promoted on a daily basis by obsessional folks on twitter and on Bulletin Boards. Such folks don’t like critics and one such promoter, indeed one of the most enthusiastic promoters on twitter and the LSE Asylum is Graham Harrison. Yesterday he took exception to a post by a fellow called Johnny 12. Bulls of Predator quickly got the LSE Asylum to remove the post and Harrison declines to say what was alleged. None the less, yesterday afternoon he posted this on the Asylum. Oooh er missus!
132 days ago
At 2.47 PM yesterday Kavango Resources (KAV) issued a dismal drilling update. CEO “Flip Flop” Ben Turney tried to polish the turd but essentially the KSZDD003 drilling – just 60 metres from existing drilling failed to find anything. Turdey’s turn polishing is magnificent. I quote:
132 days ago
So much for the perennial #BoycottSpoons campaigns run by the sort of lunatics with #FBPE in their twitter handles. Today’s trading update from JD Wetherspoon (JDW) is jolly upbeat with like for like sales surging and the company on track to meet FY forecasts. Stick that where the sun don’t shine you Guardian reading tossers. But as ever, it is the comments on the mad world we live in from the heroic chairman Tim Martin that grab the eye. The great man opines:
132 days ago
At the end of our garden there is a wooden fence. Behind that is the old orchard which is far longer than it is wide, 7 or 8 yards from the garden is the river. Alongside the apple trees is a giant weeping willow. Well, as you can see, it is a bit less massive now. I have now idea why two enormous boughs broke and I did not hear any great crash. Presumably the snoring of the Mrs drowned that out. Yesterday, the cats, kids and I inspected the damage. The good news is that my pal Robert was due here next week to take down “the snake barn” and one last shed sited in the fields as we expand the orchard along the river. Robert is just the man to bring a chainsaw and deal with this. At a stroke the winter fuel for the wood burning stove is sorted without Joshua and I needing to do any sawing at all in the wood shed. Every cloud…
133 days ago
The news gets worse and worse and the chances of shareholders every getting a cent back here must now officially be zero, I struggle to see how the directors at Deepverge (DVRG) are not trading while insolvent. Today comes news that all remaining staff at Deepverge will be fired with effect from July 31. Now work out what that means.
133 days ago
UK wealth and asset management company Mattioli Woods (MTW) has issued a trading update including that inflationary pressures continue to impact wages and other costs but also “profit for the year in line with expectation… expect the current macroeconomic conditions and recent legislative changes to drive continued demand for advice”. So what does this suggest from a current 620p share price?
133 days ago
In today’s bearcast I discuss Cloudbreak Discovery (CDL) and the relationship between crooked Andrew Male and Novum. Then Predator Oil & Gas (PRD), Cellular Goods (CBX) and some incriminating emails on twitter and finally IOG (IOG) and why Evil Banksta reckons the bond price tells you this is a wipeout.
133 days ago
The real issue for Bidstack (BIDS) is that it is rapidly running out of cash and, with the shares at just 0.725p, giving a market cap of just £6.75 million it will be incredibly hard for the death spiral provider with whom it is talking to find enough liquidity to fund a material amount. So the company may well be brown bread by the Autumn anyway. As such, who steers it onto the rocks is irrelevant.
133 days ago
The cheque is in the post. No honest guv it really is! Today Tintra (TNT) issued the following RNS:
133 days ago
Today Cloudbreak Discover (CDL) announced a new keep the lights on death spiral. In looking at this I saw that the (interim, following a sudden resignation last month) CEO is Andrew Male. That name rings a bell? Andrew Male, what the f**k is financial adviser Novum thinking? As John McEnroe used to scream “you cannot be serious?”
133 days ago
Whatever you think of Nigel Farage he is the hero of today’s epiosde where the liberal GroupThink in the business and media world are the villains. If you care a jot about liberty and freedom, on this day you stand with Farage. Because next time it could be you!
134 days ago
Disgraced ACD and enabler of the Neil Woodford scandal Link has written to victims asking for their help. Are you a patsy?
134 days ago
I am not sure about the home made honey ice cream, I shall report back tomorrow. Meanwhile I discuss Mirriad (MIRI), Canadian Overseas Petroleum (COPL), valuing oil E&P plays, Zephyr Energy (ZPHR), today’s ouzo moment with Scotgold (SGZ), target price 0p and a full investigation by AIM regulation and the FCA, and Totally (TLY)
134 days ago
As the empire created by the alleged sex pest Crispin Odey collapses many of his former funds find themselves forced sellers of arrange of stocks which as we saw with Shanta Gold (SHG) can whack the share price of individual shares. Shares Magazine has a helpful table of those companies most exposed as at July 3. The percentage is the amount of the equity held in funds managed, in the good old days, by the sex pest empire.
134 days ago
Here we go again. This time 2.447,980 shares have been issued at 6.38p following the conversion of just $200,000 of death spiral bonds. Meanwhile to settle $400,000 of interest liabilities and other sums due to the death spiral providers another 15.090421 million shares have been issued – that would be under the VWAP formula at 2.07p. So that gives a blended issue price of 2.63p.
134 days ago
I am sure that Artificial Intelligence will change the world. It is a fascinating area as I have discussed in five episodes of TechCast. But that does not mean that AI might not create a stockmarket bubble. For into every boom the chancers are attracted.
135 days ago
Oh dear, oh dear. Despite having raised £5 million so far this year, Scotgold (SGZ) today says it had just £620,000 cash as at June 30th and owes $500,000 with a fifth of that due as the first repayment due this week. This makes the #BBCScandal that the national broadcaster and protector of paedophiles told its viewers in late January that Scotgold had discovered new gold (when it hadn’t) to allow a pump and placing dump even more of a scandal. Today’s news is bleak.
135 days ago
I start with the new business and add that however it goes I am not retiring as that would give satisfaction to all the wrong people. Yes I do know who the #BBCPresenter is and its shocking. Then onto Tingo (US:TIO) and I have seen an email which might force the SEC to act on what is such an obvious Norfolk.
135 days ago
But first, the changes needed to Bulletin Board to deal with defamatory trolls. I write as someone reporting one incident to the Police last night and taking up another with twitter earlier in the week. Then, I might be a bit premature, on the post mortems of Deepverge (DVRG) and Microsaic (MSYS) but I name ALL the guilty men
135 days ago
J Sainsbury (SBRY) has issued a trading statement for the 16 weeks ended 24th June 2023, emphasising “continued strong Grocery momentum” and “General Merchandise growth driven by further Argos market share gains, with strong Consumer Electronics sales offsetting weaker early Summer seasonals performance”. So what of this with a now 269.6p share price?
135 days ago
On Monday of last week shares in Microsaic (MSYS), run by Gerry “the arse” Brandon whose fraudulent revenue recognition and breaches of AIM Rules had already seen Deepverge (DVRG) shares suspended and the company teetering on the brink, were suspended from AIM It could not get its 2022 accounts out on time. But did it mislead investors as is the wont of Brandon.
135 days ago
Produced last night, these will be for the salads at ShareStock. I need to make at least two more jars of this size for the event plus more for the Autumn and winter family consumption. Hence, I am clearing a bit more of the garden to plant more radishes in a week or so to ensure that happens. The radishes are pickled in a South East Asian sauce including cider vinegar, sugar, a bit of salt and pepper plus mustard seeds and a home grown chilli. Yum, yum.
135 days ago
Normally I do nothing other than delete such emails and try to forget about such unpleasant harassment but the one below which arrived last night is so vile that it is now with the North Wales Police. After a number of incidents in recent years the local fuzz understand that some of the crooks I expose or shareholders in frauds I expose react by trying to threaten me or just harass me.
135 days ago
I am writing as ShareStock is now 78 days away but already more than two thirds of the seats have been reserved for September 23. There have been a few more changes since last year…
135 days ago
In today’s bearcast I, again, discuss falling UK house prices as we head into a recession. Then it is onto Procook (PROC), Vast Resources (VAST), Eurasia Mining (EUA), Quadrise (QED) and Audioboom (BOOM) wondering if its fanboy Gary still feels lucky ahead of next week?
135 days ago
What’s not to like? It was back on February 6 that Vast Resources (VAST) said that it had received a Court Order that it could get its mitts on a parcel of rough diamonds stashed in the Central Bank of Zimbabwe and that sent the shares soaring to 0.7p.
135 days ago
When you float a business on the AIM Casino your Nomad will stress to you that the IPO is not the end of the journey but the start and as CEO you are there to grow value over many years for those backing you with their cash. And that brings us to ProCook (PROC) where founder shareholders, notably CEO Daniel O’Neill made £27.4 million selling shares to poor dumb fund managers in November 2021 as the company joined the casino. Today O’Neill has stepped down.
135 days ago
Packaging company DS Smith (SMDS) has announced results for its year ended 30th April 2023 and that it has confidence ahead. Is there still good upside from a current around 280p share price then?
135 days ago
I have noted before how one valiant reader complained to the wretched BBC about its coverage of Scotgold (SGZ) earlier this year ( January 30) – reports which were clearly false caused the share price to spike to 70p allowing a bailout placing at just 40p to go ahead. Amazingly the BBC has now formally accepted that it did mislead its viewers, thus costing many of them a good few quid. But it gets worse.
136 days ago
I am actually a loyal customer of Grind, or rather the Mrs is. She buys its eco-friendly coffee Nespresso style pods for the posh coffeemaker I was given by my co-workers on the occasion of my 40th birthday. However, that was up until yesterday, we will now #BoycottGrind and so will many others as a company that is not in good financial shape commits woke corporate hara-kiri.
136 days ago
I start with some macro matters, base rates, house prices, the madness of Malcolm in buying housebuilders, etc. Then it is on to Currys (CURY) where Chris is wrong about the shares and where my experience as a customer is not good. Then its cash crisis ahoy at Colin Bird’s Bezant Resources (BZT) and finally when is it a good time to stand down as CEO and what can it mean, I refer to FinnCrap (FCAP) and to Pod Point (PODP) PS I reckon that FinnCap is due another profits warning PDQ as is its proposed merger partner Cenkos (CNKS).
136 days ago
I flagged up last year the utterly dubious and shocking related party loans at Aquis listed investment company Evrima (EVA). On June 26 this year the company posted a RNS results statement on Aquis. But there was something missing. Can you guess what?
136 days ago
Financier and mining entrepreneur Simon Hunt has a slew of dire warnings on everything from inflation to what may happen in Ukraine.
136 days ago
Canadian Overseas Petroleum (COPL) has served up a Q2 of calendar 2023 operations update with all the usual turd polishing and omissions you would expect from a company teetering on the verge of bankruptcy. Let’s start with output: an average of 1,250 boepd. That is a sharp rebound on the dire Q1 but…
136 days ago
I start with the Women’s World Cup and the BBC’s fake news on that before turning to the ghastly Packham going unchallenged on statements that are patently untrue. Finally those lurid purple weather maps showing Southern Europe turning to a desert. I discuss the Country I know best, Greece, and what the actual data says. Oddly it is not as the liberal media GroupThink would have you believe.
136 days ago
Pod Point (PODP) helps folks with electric cars charge up their motors. It is exactly the sort of green shite that Malcolm Stacey would be all over but today the CEO and company founder Erik Fairbairn has walked with immediate effect. The explanation given just does not stack up.
136 days ago
I show you Mr Monk’s plan below and explain why it is total bunkum but invite you to comment on it in the comments section below. Then it is on to Bidstack (BIDS) and the sixth stage of grief, Canadian Overseas Petroleum (COPL), at about stage 4, Cineworld (CINE) and more proof that the FCA is useless and finally Alba Minerals (ALBA) and its Welsh pump and dump.
136 days ago
I described earlier how a group of malcontent shareholders in Bidstack (BIDS) are endeavouring to have three directors and possibly the chairman removed and to replace them with the lead malcontent Nick Hargrave. I think their cause is futile but should you really back Mr. Hargrave? I have a helpful tip for Lyin’ James Draper, Bidstack’s useless boss, on how he can fight back.
136 days ago
Clearly, holders of the remaining $25.8 million of outstanding death spiral bonds are desperate to get out at any price to reduce their exposure to Canadian Overseas Petroleum (COPL),a company teetering on the bring of insolvency. Today there is news of more conversions at a level where the forward sold shares cannot surely be sold at a profit?
136 days ago
If I had had surgery when I was a kid to help me be what I wanted to be and thought I was, I would today have only one leg and one eye. I would not be a proper pirate but I could at least identify as Long John Silver. These days some folks think kids should have whatever they want to help them be what they want. If they want to “transition” so they can change gender it is fine to pump them with chemicals and start snipping here and there. So what if 25% of folks who do transition regret it and what to change back, lets pump the teenagers full of hormones. Do you think this is repulsive, I do. But dare I say that?
138 days ago
The Poet Laureate is in the Arctic writing poems about global warming. Mr Simon Armitage was interviewed by Amal Rajan and Martha Kearney on BBC Radio 4’s Today show and it was just so lamentable. The poet talked utter tommy rot and the presenters had done no homework on hard data to call him out. It was the London liberal elite GroupThink on steroids. With data I call out the lot of them for serving up fake news and fake poetry.
140 days ago
In today’s RNS Tintra (TNT) says that it has repaid the “placement facility” and stated:
140 days ago
Still trying to negotiate a death spiral in order to avoid a looming insolvency, hopefully being investigated by AIM Regulation for not flagging up revenue/cash issues before the last placing, you thought things could get no worse for cash guzzling Bidstack (BIDS)? Think again…
140 days ago
The AIM Market statistics for June 2023 have arrived. And the self described “world’s most successful growth market” has had another shocker.
2023 continues to be a poor for the AIM market and within that June was a particularly bad month with a net 8 leavers with Fox Marble appearing as both a joiner and a leaver due to a reverse takeover. For the first half of 2023 the AIM market has lot a net 24 companies dropping down to 792 companies – a 20 year low.
140 days ago
Yes she is back from her conference and stops recording. Before that I talk about Nigel Farage and Coutts and the sex education talk at Joshua’s school yesterday. Then it is onto Naked Wine (WINE), MGC Pharmaceuticals (MXC), Eden Research (EDEN) and trakM8 (TRAK).
140 days ago
The waste to hydrogen come Macedonia cannabis growing related party nest of snakes that is Hydrogen Utopia (HUI) has announced that its Irish subsidiary has won a grant from the Evil Empire, the EU. If you thought that folks on the LSE Asylum were useless stock pickers you should have a look at the track record of the EU and its grants!
140 days ago
The great and the good of the media world are gathering to attack The Sun, social media and anyone who questions their narrative as irresponsible, homophobic or discreadited. Meanwhile they say that poor old Huw not the 7 young folks now to have come forward are the victims. In an era of #MeToo how can Jon Sopel, Emily Maitlis et al be so offensive? All is discussed in this podcast.
140 days ago
At a GM called to authorise the issuance of lorry loads more worthless shares, the chairperson of Versarien (VRS) claims its turnaround is on track. Bollocks. Chairperson Dianne Savory has yet to apologise for not stopping a culture where, egged on by the ex-CEO, shareholders discussed having me killed and plotting to get my wife sacked so is someone not fit to chair a public company. Worse still, her claims are utterly delusional.
140 days ago
The BBC’s fave pin up Dragon Piers Linney with his faux working-class background is according to the Daily Mail a man with the Midas touch and worth £69 million. Following the collapse into bankruptcy of his flagship Outsoucery (OUT) firm I suggested that this was bunkum HERE. But what, you say, of his newer ventures? What Indeed.
140 days ago
On the surface of it a 0.55p share bid for Yourgene (YGEN) by Novacyt (NCYT) looks like a mercy killing, a good result in bad circumstances and a deal that should be done and dusted. But is it?
140 days ago
I see that there are plenty of AIM suspensions for non-publication of accounts this morning, however the FCA has ignored the one main-market company that hasn’t published its accounts and for which it is responsible.
140 days ago
I question the net wealth claimed by two former Dragons in the Mail on Sunday. Linney’s claim is a joke following the demise of Outsourcery (OUT) as is that of Sarah Willingham of Nightcap (NGHT) which I look at after its latest crap acquisition and lack of profits warning. Then it is onto Wandisco (WAND) and the proposed bailout at just 50p, to Eurasia (EUA) where nothing at all adds up. Then onto today’s ouzo moment, the suspension of Eight Capital Partners (ECP), the insolvent fraud Supply@ME Capital (SYME) and Canadian Overseas (COPL) whose shareholders’ reactions to my latest piece show themselves to be as unpleasant as they are stupid. When Canadian, already 90% down since my first big bear call, heads towards 0p as it will inevitably do I will have no sympathy at all.
140 days ago
The little girly snowflake swat has just been on the phone to let us know that, despite Brexit and global warming, she has got a First, in French and History, from Oxford. Suffice to say I am a very proud dad but have no idea where she gets it from.
140 days ago
Having got shares in its bastard little brother Eight Capital Partners (ECP) suspended this morning it is time to turn to the fraud Supply@ME Capital (SYME) whose shares should also be suspended, in this case, pending clarification of its financial position. It may be capitalised at £79 million at 0.129p but technically it is bust.
140 days ago
Oh dear, oh dear, the really bad news is that even after its most recent bout of forward selling and bond conversion, Anavio Equity Capital Markets Master Fund Limited still owns 50 units of 2027 Bonds and 58 units of 2028 Bonds, convertible on their terms, in the aggregate, into 264,381,840 Common Shares, representing approximately 27.1% of the issued and outstanding Common Shares, and 104,608,558 Warrants, representing approximately 10.7% of the issued and outstanding Common Shares on a fully-diluted basis. It owns no shares. But…
140 days ago
On 18 July 2022, I wrote to the Financial Reporting Council (FRC) reporting what I considered to be material non compliances with IFRS accounting standards in the accounts of Eight Capital partners (ECP), the bastard offspring of the Supply@ME Capital (SYME) fraud, for the year ended 31 December 2021. Natch’ the morons said I did not know what I was talking about or that nobody would pay any attention. Today 100% vindication with a share suspension.
141 days ago
The $8.4 million Vast Resources (VAST) owes to A&T Investments SARL and Mercuria Energy Trading SA was going to be repaid before the (extended) 30th June deadline by selling the diamonds still locked up in the Central bank of Zimbabwe. But…
141 days ago
The fraud Supply@ME Capital (SYME) is technically insolvent yet its shares are today up by 5% to 0.134, adding £4 million to its market cap – taking it to £82 million which is pretty full for a company that is bust – on news that it has completed a transaction which in the best case scenario will net it £54,000 revenue and probably no profit at all over 3 years.
141 days ago
On Saturday in bearcast I pointed out that the 5.56 PM Friday released results from Harland & Wolff (HARL) showed it to be insolvent and that things were only going to get worse. Anyone owning the shares is insane. Evil Banksta has been in touch to point out that, as ever, I was too kind.
141 days ago
Nigel says that my boredom is a buy signal. But is it? Maybe it is right to be bored as something has changed. After that a bit on house prices and why I don’t see a mega crash but would not buy housebuilders as Malcolm suggests I do. Finally, why not go for a quick death rather than a slow one and vote Labour? Oh, and I remind you why I may not be at liberty to bearcast on Tuesday. CORRECTION: Fellow Hammer J Price points out that Rice will be on £15 million a year not a week as I said in the podcast..
141 days ago
Naming a paedophile teacher who used to abuse boys at Warwick School yesterday HERE is already paying dividends, a 5th victim has today contacted me and will be speaking to Warwick fuzz next week. I bet there are stacks more victims out there, now that the name is out there and with Warwick having finally ‘fessed last week to having had an abuse problem and apologised, this is only the beginning and at some stage The Old Bill must act. But some folks who object to my exposes of stockmarket frauds interpret it another way, as you can see below.
141 days ago
It’s surely time for Albert Ganyushin, the Chairman of the fraud Supply@ME Capital (SYME) to force CEO Alessandro Zamboni to clarify what has happened to the shares which Zamboni’s 100% owned company, the AdvantGarde Group Spa (TAG) has given to three loan companies. At investor meetings Zamboni’s risible excuse is that he is unable to comment on TAG’s intentions but as he claims to own 100% of TAG’s shares, clearly TAG’s intentions are the same as his intentions.
141 days ago
I start with the Reverend Richard Fothergill and the Yorkshire Building Society who are clearly A grade wankers and deserve everything they get. Then it is onto Harland & Wolff (HARL) and its 5.56 PM Friday results.
141 days ago
We know that Supply@ME Capital (SYME) paid £4,000,000 in cash and issued 813,000,000 shares to Tom James and John Collis for the acquisition of Tradeflow Capital. Following the issue of the 2021-year end accounts, SYME issued the two vendors a further 213,525,520 shares as deferred consideration which resulted in total holding of 1,026,525,520 shares. Under the vendors buy back of 81% of Tradeflow, Alessandro Zamboni’s AvantGarde (TAG) paid £2,000,000 for the 1,026,525,520 shares held by Tom James and John Collis as described below:
142 days ago
We celebrate HolocaustMemorialDay with a candle in this house. I have written countless articles on the evils of anti-semitism and the persecution of Israel. So it saddens me greatly that the Holocaust Memorial Trust is lying about and rewriting history to gain sympathy for its cause. Re-writing history is one of the countless evils of the Nazis. We are better than them are we not?
142 days ago
I own the shares and I think that even without any deal the shares will multibag, as I explained in a podcast after the piss poor results HERE. And I would argue that the odds of Optibiotix (OPTI) securing a transformational deal with Coca Cola to put the “sweet” into diet coke are long. But I can reveal that they are talking and with good reason.
142 days ago
Pensions advisory and administration group XPS Pensions (XPS) has announced results for its year ended 31st March 2023 and that it “has made a strong start to the new financial year with continued high levels of demand”. Sounds good, and so is there further upside from a 173.5p share price?
142 days ago
After 12 years of campaigning, a result from Warwick School last night as reported HERE but now another victim of sexual abuse has been in touch so I guess the campaigning goes on. I am almost certain that I will name a paedophile teacher tomorrow. Then more, after I exposed it in almost 300 articles, ouzo c/o Advanced Oncotherapy (AVO) which looks to be, effectively, brown bread. I look at looming share suspensions including Premier African (PREM), Boohoo (BOO) and Revolution Beauty (REVB), the fraud Supply@ME Captal (SYME) and Cellular Goods (CBX), also on deadline day.
142 days ago
On the last possible day, Powerhouse Energy (PHE) has released annual results for calendar 2022 showing sales (nearly all related party) of just £380, 277 and, while the company wants you to look at gross profits of £84,000 it actually racked up an operating loss of £2.1 million and a pre-tax loss of £46,353,704. Yes that is almost a million quid a week loss at the pre-tax level.
142 days ago
Asset manager Lawrence Lepard of Equity Management Associates is another cheery fellow, viewing the world economy as a construct where the rivets holding it together are continuing to snap. He says that we have had a number of bank failures in a matter of weeks, part of a larger pattern going back years and we are seeing large commercial mortgage failures and companies walking away. Lawrence believes more pain is yet to come in the banking sector, with one to two trillion in write downs. He says that the Fed is likely to intervene once again, and something is likely to break soon.
142 days ago
Alessandro Zamboni loves a complex deal and today’s related party deal to sell 81% of Tradeflow Capital back to its vendors is a classic.
It manages to conjure up a valuable headline price for the sale of Supply’s 81% stake in TradeFlow of £14,386,100 misleadingly described as the “Cash Quantum” which gets the Bulletin Board Morons excited when the reality is that Supply@ME Capital (SYME) will get just £2 million from Zamboni’s private vehicle The Advantgarde Group which results in a reduction in the £2.8 million working capital facility that TAG had previously provided. So on the headline sale Supply gets no more cash than it had yesterday and is thus insolvent.
142 days ago
Yesterday, in bearcast, I noted that Gary and Lucian were saying that the death spiral provider would not forward sell shares and then convert loan notes as the price was too low and maybe they were right about this and I was wrong. Well maybe not.
142 days ago
I am afraid that like, I suspect any straight guy or lesbian reading this article, the answer is that we’d rather date the bird on the right who came second. Not only is she far more of a looker but….
142 days ago
At Sheriff and Deputy Sheriff Towers it is lashings of ouzo on the cornflakes today as Advanced Oncotherapy (AVO) has suspended its shares pending clarification of its financial position. That won’t take long: it’s bust! Folks really cannot say that both the Sheriffs did not warn the that this would end in tears more than 300 times over so many years as you can see HERE
142 days ago
I have many criticisms of Nigel Farage but it seems that he is being persecuted by the banksters. Before you laugh, it could happen to you too. This is not good. I then look at Canadian Overseas Petroleum (COPL) where Gary points out a minor error I have made, Eden Research (EDEN), Echo Energy (ECHO), Premier African (PREM) and Tinybuild (TBLD). I forgot to ask in this podcast how Zeus Capital can be advising both Boohoo.com (BOO) and also Revolution Beauty (REVB) as they engage in such vicious verbals?
142 days ago
You have to look long and hard to find the “material uncertainty” warning and most of the morons suckered into this stock by disgraced share Tipster Mike Walters of 3DM, Polly Peck, Minmet, etc, etc infamy and by the lies and bogus contracts announced by the company are too damn stupid to look. If the do the warning is utterly misleading. Verditek (VDTK) faces another imminent cash crisis and could go bust before the start of August.
142 days ago
Ouzo man is short so talking his own book. His point is on how Moonpig (MOON) seeks to draw attention away from what appears to be an alarming increase in net debt. He tweets:
142 days ago
Peter Brailey and myself have been long term bears of Pantheon Resources (PANR), with Peter making a short thesis at 121p the centre of his ShareStock presentation in 2022. Who will he expose this year? The shares are now 12.5p after a presentation yesterday which revealed the dishonesty at the heart of this worthless POS. Even at this level the market cap is £120million and it is s stonking short.
145 days ago
Structural steel company Severfield (SFR) has announced its results for a year ended 25th March 2023 that it describes as “very successful” and that, given its performance to-date and the strength of its order books, it is confident of delivering further progress.
145 days ago
I know that I slam journalists who just cut and paste press releases but this one is so interesting I do just that. It comes from property purchasing specialist, the House Buyer Bureau. And it reads:
145 days ago
I start with the scandal and it is a scandal at Thames Water even if the greedy trougher of an ex CEO was a bird. Sure diversity blah, blah, blah. Then it is onto a reader request on Gemfields (GEM), Predator Oil & Gas (PRD), Seed Innovations (SEED) – its own worst enemy – and finally Optibiotix (OPTI) and Skinbiotherapeutics (SBTX). At least listen to what I have to say before abusing me!
145 days ago
Anyone who thinks that Rod McIllree is fit to run a public lavatory let alone a public company should look at the busted flush that is BlueJay Mining (JAY). Okay Rod scuttled away a while back but like a bad fart which lingers, the legacy of an incompetent promoter also lingers. For once, Doc Holliday is right, McIllree needs purging from the PLC scene. Today Bluejay has announced a bailout £1.3 million placing at 1.75p.
145 days ago
I explicitly told you to duck this IPO in November 2021 when founder shareholders dumped 27.4 million shares at 145p and Procook (PROC) raised nothing for itself. Time and time again I have been vindicated and though CEO Daniel O’Neill periodically spoofs the mugs with token share purchases, a fraction of his IPO “winnings”, the shares have continued to slide. Today after piss poor finals and a profits warning they are just 25p. And that is generous.
145 days ago
You may remember an aggressive debate in April between a fat Aussie penny share promoter ( D. Lenigas Esq) and someone who trained as an oil equities analyst (me) as to the financial health of UK Oil & Gas (UKOG) of Horse Hill infamy. I insisted it needed a raise, Big Dave said that I did not know what I was talking about. Well guess what, guess who was right and who was wrong and should be sending a case of Metaxa to the Sheriff?
145 days ago
I start with a meeting at Joshua’s school next Monday PM. If I am not here on Tuesday that is why. Then to the new share I have bought as I reshape my SIPP to be more grown up. Then I look at shameful David Lenigas and Pennpetro (PPP), Simec (SAE), Canadian Overseas Petroleum (COPL), Centamin (CEY), Ariana (AAU), gold generally, and Predator Oil & Gas (PRD).
145 days ago
I realise that the cakes made by CakeBox (CBOX) are not strictly comparable with those you can buy at Tesco, Aldi, or for metropolitan elitists like my pal Jonathan Price, Waitrose. Cakebox cakes contain no eggs so are great for Hindus (1.7%of the population) and vegans ( 4.5%). And there are some with a sweet tooth and, almost certainly type 2 diabetes, like Lucian Miers who really dig the taste. But…
145 days ago
The previous owners of the assets within Ben’s Creek (BEN) went bust. This is a low grade producer in a cyclical industry and so I fully expect the pattern to repeat itself. The shares are down again today to 11.75p. My target price here is 0p. This company has always been drowning in red flags, I offer you a non-exhaustive list, perhaps readers can add others.
145 days ago
Publishing its prelims on May 30, the RNS was abridged, the numbers unaudited and I speculated – correctly – HERE as to what disgraced Andrew Monk’s most shameful IPO of 2022 was hiding. The Annual Report is now out and guess what?
145 days ago
Yesterday on the sewer that is the LSE Asylum, a shareholder in Canadian Overseas Petroleum (COPL) a company more than likely to go bust this year, discussed his desire to see myself and Gary Newman getting killed. You think that was the worst of it?
145 days ago
145 days ago
Read the story below and tell me that you pity Gareth who claims to be a victim of mortgage misery.
145 days ago
I start with a few comments on the pound vs Euro and nonsense talked by my pal the Euroloon Jonathan Price and others. Then it is Deepverge (DVRG), MicroSaic (MSYS), Wildcat Petroleum (WCAT), Canadian Overseas Petroleum (COPL), now in the 2s, ETA the 1s?, Premier African (PREM), run by George (Cock)Roach, Chesterfield (CHF) and finally a long look at Cakebox (CBOX)
146 days ago
Luckily for MBU (mining advisor Mr. Adam Wilson of Daniel Stewart infamy) it has been dumping its shares in Ben’s Creek (BEN), CEO Mr. Adam Wilson of Atlantic Carbon/Coal infamy as fast as it can. Because today there is news of two more events in what is becoming an increasingly less slow motion car crash.
146 days ago
To be fair, Cineworld (CINE) has explicitly warned the fools who still own its shares that as part of the Chapter 11 process they are going to lose everything. None the less, flagging up to staff as we revealed HERE, some two weeks before you tell investors that the PLC is going into administration seems a bit naughty to me. But today came the formal fess.
146 days ago
Earlier I suggested that today’s news means that Deepverge (DVRG) is a slam dunk zero and by the time the last rites are read, it is clear that those owed money will not get it all back. And that brings me to fellow AIM POS Microsaic (MSYS) , run by Gerry “the pustule” Brandon, the man who made Deepverge the company it is today. Nigel Burton who is now CEO of Deepverge also sits on the Microsaic board and the two company’s also share a broker: Turner Pope.
146 days ago
“Oh what a tangled web we weave. When first we practice to deceive.” Andrew Monk, as he oft reminds us went to Oriel College Oxford where he studied rowing and name dropping. So he probably thinks the quote is from Shakespeare. You, dear reader, know that it is from Walter Scott, Marmion, A tale of Flodden Field. But in terms of Monk’s VSA capital (VSA) and its results out today it is apposite although, I should stress, the results are fully compliant with all accounting standards.
146 days ago
It is ouzo on my strawberries for breakfast at Sheriff of AIM Towers. For Gerry Brandon who broke AIM Rules in hiding a profits warning before a placing then published fraudulent interims before his next placing the imminent demise of Deepverge (DVRG) should be the end of his AIM career. He should be in jail as £50 million invested goes up in smoke. Brandon may have “been resigned” just before Christmas but he was the architect of Deepverge’s failure.
146 days ago
I wrote an article earlier explaining why folks should boycott the price uncompetitive seller of coffee pods and operator of coffee bars Grind. I am a loyal customer but will not be one going forward. On twitter, a stack of folks who had not read what I had written behind a paywall lined up me to attack me for what I had not said. It’s a free world, you can show yourself to be an arse by behaving that way if you want to.
147 days ago
In today’s Bearcast I discuss Piers Pottinger of the fraud MySquar (MYSQ) infamy, Parkmead (PMG), Bidstack (BIDS) and Invinity Energy Systems (IES) and why I’d not buy today’s Midas tip and the seedy ramping by The Monkey.
147 days ago
I guess Piers Pottinger is part of the City and media establishment so the PR man and former chairman of the AIM fraud MySquar (MYSQ), where millions of quid was stolen, not by Piers, but by others who now face criminal charges, can say what he wants. He is part of the great and the good. You may remember that I showed with detailed analysis, exactly, why MySquar was a fraud almost a year before it ran out of other folks’ cash.
147 days ago
I start with an unlikely bromance as Brokerman Dan and Richard “nobody apart from Dan Levi likes me and I don’t care” Jennings walk for cats - as you can see here. Then the mother-in-law joke. actually my mother-in—law is a top banana so maybe I should not be so rude. Then a go at BBC Radio 4’s Today programme as I comment on events in Russia. Then the woolly thinking on inflation and home owners. Finally Gary’s excellent piece on Contango (CGO) today and why he is bang on the money.
147 days ago
Banking expert John Titus comes up with some hard truths. Folks do not accept the real reasons for a banking crisis that is far from over.
147 days ago
Foundry and Machining company Castings (CGS) has announced results for its year ended 31st March 2023 and that “customers continue to increase schedules”. So more good news from a now above 400p share price?
147 days ago
I start on the subject of strawberries. Then it is onto: Hotel Chocolat (HOTC), SRT Marine (SRT), Bidstack (BIDS), Non Standard Finance (NSF), Versarien (VRS) and Audioboom (BOOM), today’s big ouzo moment.
147 days ago
Veteran analyst Michael Oliver started using charts when the self proclaimed pioneer of charting, Zak Mir, was only seven.
147 days ago
I worry that I might be getting a bit obsessed by note 18 in the annual report of Bidstack (BIDS) but it really does not add up and begs massive questions. Yesterday I asked a few HERE which the Oxymorons at AIM regulation should be asking right now but there is more. Here goes.
147 days ago
Yesterday I revealed how disgraced Rod McIllree of Bluejay Mining (JAY) infamy was contriving to stop scouse penny share promoter Doc Holliday from requisitioning a sack the board EGM at More Acquisitions (TMOR) which Doc would almost certainly win. Holliday is far from an angel, as I have noted here a number of times but if you believe in shareholder democracy you should back him 100%. If you own shares in More, this is what to do:
147 days ago
Sam Smith who, according to a fawning interview in the Daily Mail, quit as CEO of FinnCap (FCAP) in order to end her drought in the “How’s your father” department, has a new book out, The Secret Sauce, which she is plugging on LinkedIn as you can see below. The fawning comments from the sisterhood are truly nauseating, brace yourself and get a sick bag ready. They are in awe as to how Sam turned a £1m turnover per annum business into a £1 million sales per week firm. But hang on, sales are vanity…
147 days ago
I was walking across the school yard having just dropped Joshua off early so that he could take his turn today as the class helpwr heddiw. Coming the other way was a dad with two boys, one in Joshua’s form and one who goes to the school nursery with my two year old daughter Jaya. The younger lad stared at me then shouted “It’s Jaya’s grandpa!”
148 days ago
It’s ouzo on cornflakes this morning for the Sheriff of AIM as Audioboom (BOOM) has served up another dire, and, I suggest, misleading lack of profits warning. For fanboy Gary Newman it looks like cold cabbage water tonight. And if anyone is thinking of bottom fishing as the shares have slumped by 23% to 216.5p. Don’t! Things will get worse.
148 days ago
I start on the 0.5% hike in base rates: who is to blame? What does it mean for house prices, recession, corporate insolvencies and the next General Election? Then I look at Oracle power (OCP), Contango (CGO), Shanta Gold (SHG), More Acquisitions (TMOR) which is treating Doc Holliday very badly, Bidstack (BIDS) – target now zero – and Powerhouse Energy (PHE), ditto.
148 days ago
Contango (CGO) is a Zimbabwe coal play penny dreadful ramped aggressively and persistently by the Scouse promoter Doc Holliday for two years. But as with other disasters like Chesterfield Resources (CHF), Versarien (VRS) and More Acquisitions (TMOR) where the fat Lady is already juggling diary dates, it’s been a piss poor investment. But now a statement is needed ASAP as it could get far worse
148 days ago
When even your Nigerian credit rating agency smells a rat you know you are deep in the merde. But the Lyin’ Chris Cleverly fraud Tingo (US:TIO) has just suffered such an indignity.
148 days ago
I have now seen the paperwork that More Acquisitions (TMOR) received from the scouse share promoter Doc Holliday requesting a sack the board EGM. And it looks kosher to me yet the company’s response is baffling and shameful. Especially in light of clear allegations of market abuse.
148 days ago
Last night Shanta Gold (SHG) gave a presentation at Proactive Investors. Paying for proactive to ramp your shares is always a bit of a red flag but I reckon Shanta shares are cheap notwithstanding that. However slide 4 of 18 raises, to say the least, eyebrows. It states:
148 days ago
The Board of Deputies has already complained about this interview between BBC reporter Anjana Gadgil and formmer Israeli PM Naftali Bennett. The transcript is below and should be a sacking offence for Gadgil. Of course it will not be for the BBC is the media outlet who brought us Tala Halawa who said that Hitler was right about the Jews. It knows whose side it is on…
149 days ago
Following yesterday’s bombshell EXPOSE article HERE I have written to the Oxymorons at AIM Regulation about Bidstack (BIDS) asking for a full investigation into whether it duped punters ahead of last October’s £10 million placing and retail offer at 2p.
149 days ago
I start with bollocks talked all round today about bailing out those suffering mortgage misery. Blah, blah, blah. Then it is on to bitcoin and Argo Blockchain (ARB), a deep dive into the stinkiest deal done in eons, Hydrogen Utopia (HUI) is the culprit. Then I look at Conroy Gold & Natural Resources (CGNR), more nonsense from Chill Brands (CHLL) and why Bidstack (BIDS) may go bust and why I hope it goes bust. En passant, I mention Cook’s Coffee (COOK) and the disgraced Andrew Monk who IPO’d it.
149 days ago
Sharesoc claims to be the voice of British private investors. Do the maths! It charges £45 for an annual membership and membership income in 2022 fell to just £42,509 meaning that it had just 944 and 2/3 members. That is less than ShareProphets and not exactly the sort of army that allows it to claim to speak for anyone, let alone to be the mouthpiece for the hundreds of thousands of mug punters in the UK*.
149 days ago
Yesterday we had the dismal prelims from Bidstack (BIDS) with the confession that it is talking to a death spiral provider to stave off a gig with the Fat Lady. Today the annual report is out and it contains fresh horrors hidden deep in the notes.
149 days ago
The first relates to VSA Capital (VSA) itself, the second to Cook’s Coffee (COOK) an abomination of an IPO VSA inflicted on the Aquis Losbter pot late last year. Monk, who normally loves the sound of his own voice especially when mentioning that he went to Oriel College Oxford seems strangely silent on these two matters
149 days ago
You may remember that when Big Dave was at UK Oil & Gas (UKOG) right at the start of the Horse Hill farce, AIM regulation stepped in to force a retraction of claims that the area contained 6 billion barrels of oil. It seems that Big Dave is at it again.
149 days ago
Sizzzling summers, wine growing, blue skies, the mediterranean dream all in the Scottish Highlands. But what would cause this? Natch: followers of the doom goblin Greta Thunberg, King Charles III, the BBC et al would scream man-made global warming. But hang on folks…
149 days ago
I misspoke on Kefi Gold & Copper (KEFI) though I corrected myself in the text yesterday I apologise again today. Then it is onto Joshua’s Sports Day which has made me so unbelievably angry. Then to the ouzo moments as I look at: Revolution Beauty (REVB), Boohoo.com (BOO), Guild ESports (GILD), Avacta (AVCT), Bidstack (BIDS), Deepverge (DVRG), Gear4Music (G4M) and Microsaic (MSYS).
149 days ago
Normally the market reacts positively to news that a company is firing staff and cutting back on costs. But sometimes folks see that this is a smokescreen, it is like chucking a few deckchairs overboard on a stricken liner. It makes no odds in the bigger picture and it can create new risks. That brings me to Canadian Overseas Petroleum Limited (COPL) a share that is heading to zero.
149 days ago
It was back on January 31 2023 that Guild Esports (GILD) tried its hardest, but thanks to me failed, to hide from its long suffering investors a warning from its hapless auditors that a fund raise was already underway to keep the Fat Lady at bay. Today that fund raise was finished but what a piss poor damp squib it is. Guild is still technically insolvent.
149 days ago
Yesterday Avacta (AVCT) and its Nomad Stifel deliberately misled investors about a placing it had had to abort after I revealed all on Saturday HERE. I have written to the Oxymorons at AIM Regulation pointing out that this is an active deceit and suggesting that both Stifel and Avacta should be sanctioned and forced to ‘fess up. I do so just to put this latest failing at the casino on the record, not in great hope that the Oxymorons will actually do anything. The letter is below
149 days ago
Bidstack (BIDS) delayed and delayed its results in the hope that it might have secured a refinancing by the time dire numbers were published but in the end this POS company had no choice but to fess. The numbers are truly dismal, H1 2023 looks to be piss poor to, the auditors flag up a material uncertainty and unable to get a placing away its death spiral time.
149 days ago
The mainstream media is, without challenge, presenting claims from the Met Office saying that UK average temperatures in June were the warmest on record and that this is down to global warming. Does nobody interrogate the data behind these claims with any degree of scepticism?
149 days ago
Wildcat Petroleum (WCAT) lied in its first RNS, claiming to have raised £600,000 pre IPO when, in fact, the cash arrived only after the IPO so allowing punters to sell their stock into a pump and pay for it afterwards. That should have told you everything. At peak ramp just over two years ago the shares were 3.7p. Today they have slumped by 22% to 0.35p but guess what?
149 days ago
Investor in early stage financial services businesses B.P. Marsh & Partners (BPM) has announced results for its year ended 31st January 2023 and emphasised a three year strategy to return £13 million to shareholders and that it is looking forward to reporting further progress for the current financial year.
149 days ago
In today’s podcast I discuss Avacta (AVCT), musicMagpie (MMAG), Kefi Gold & Copper (KEFI), Ariana Resources (AAU), Colin Bird’s African Pioneer (AFP), the culture at Odey and why ALL its staff should pay (footnote it is RAB not Odey that owns shares in Kefi, apologies long covid strikes again), what a Labour Government really means for business and investors and Joshua’s school sports day later on.
149 days ago
The Labour leader is today sitting on the fence as he announces his party’s new policy for the North Sea. When the People’s Party gets into power, it will stop all new drilling, it says, in order to tackle what it terms “the climate emergency” says Sir Keir Starmer as he takes a knee, not this time to BLM but to the followers of the Doom Goblin Greta Thunberg. Except, that is, that Sir Keir will not stop all drilling
150 days ago
The David Beckham backed POS Cellular Goods (CBX) has still refused to explain why it has given away 16% of its equity to a crony mate of its founders Bixby & Edwards (who have since IPO dumped all their shares) for a start up in the seaweed to net zero space with no business. And so as it hurtles towards running out of cash by Christmas, it is trying to spoof investors to allow the spivs at Novum to get a bailout placing away. Today there is an obvious spoof.
150 days ago
On Saturday, I revealed that Stifel was running a £10 million book build for Avacta (AVCT) at 90p HERE. On Sunday I reported that it might now be at as low as 80p HERE as the response had not been good. Today Avacta has dismissed the attempted placing as market speculation and says there is no imminent fund raise. It misleads. There is a partial fess…
150 days ago
I start with yesterday. I have rewritten all of the Woodlarks articles and hope that you will re-read as they now have a bit more colour and a few jokes and, in a couple of cases, now actually make sense. Thanks so much to all who have donated. You ALL have an open invite to the camp. If you have forgotten to sponsor my last walk you can do so HERE. Then I talk about Avacta (AVCT) its placing I exposed yesterday HERE (might it, in fact, be lower than 90p?) and the denial and stupidity of some of its shareholders. Then I point out that Nigel would have made more money selling all his gold and switching into pasta and cat food ( or even tins of baked beans) so ask can he really still view the yellow metal as a store of value? .
150 days ago
The final Rogue Bloggers for Woodlarks trek has ended. About a mile and a half before the finish, Dr Sam, Steve Moore and reader Nick from Islington caught the old geezers bar Andrew Bell who had wandered into a pub to emerge at Woodlarks a bit later in a taxi. The remaining walkers now in increasing pain, especially me, somehow managed the last bit which really is 90% uphill and met up with heroic Woodlarks supremo Nick Richards, posed for a group photo and headed up the drive to an enthusiastic reception from campers and carers. That always warms my heart and it is that reception I try to think about in those last painful miles. We have now raised, with gift aid, more than £27,000 so thanks to you all. If you have so far forgotten to give you can still donate HERE.
150 days ago
Incredibly, the Health Nazis have still not caught the old geezers but my knees are failing. Five miles to go and the hill I have dreaded all walk looms. You can see father and son Diver at the top. I am taking the photo. Onwards and upwards. We have now, with gift aid, raised more than £26,000. Thank you everyone, if you have yet to donate please help us to help Woodlarks with a contribution HERE
150 days ago
The Rogue Bloggers have only 9 miles left to Trek. But someone who wasn’t there 25 miles ago has now joined in, Mr Andrew Bell. With fresh legs he is in fine form and , as is his wont, tells me how cheap are shares in Red Rock Resources (RRR). Where have I heard that before? We have now raised , with gift aid, more than £26,000 Please help us to help Woodlarks with a tenner here.
150 days ago
Despite already having a £55 million death spiral in place, my City source tells me that Avacta is working on yet another, naturally discounted, placing. The shares falling by 3p to a new year low of 99p on Friday in decent volumes is NOT as coincidence.
150 days ago
Reader Dr Sam who had been meant to start with the old geezers at 4.15 AM decided to start with the Health Nazis at 7 AM instead. But he was late for that too so started alone. Just after our lunchtime we heard that caught up with the Health Nazis well before their lunch break Meanwhile the old men hit Alton and the house of Jane Austen, 21 miles done, at 2 pm. Onwards and onwards. We have now, with gift aid, raised more than £26,000 Please Help us to help Woodlarks with a tenner here.
150 days ago
It’s 12.03 and the old man’s team has reached lunch break at19 miles. Just 15 to go. Lucian listens to the cricket, I lag at the back trying not to think about feet or legs. I suspect Group Two, the Health Nazis, are catching up fast. Onwards and more onwards. We are, with gift, aid at £26,000 You can help Woodlarks with a donation here.
150 days ago
Warwick School’s public admission & apology to we victims HERE, twelve years into my campaigning, that it did have a problem with historic sexual and physical abuse, and my naming of one master, the music teacher Charles Watmough HERE seems to be opening, in a small way, the floodgates. Since Thursday two more victims of Watmough have come forward. I spoke to number 5 this morning…
150 days ago
In today’s Bearcast I discuss my pal Jon’s imaginary g/f the air hostess, Andrew Bell’s imaginary g/f and today’s walk. If it has slipped your mind you can still add to the £26,500 raised by the Rogue Bloggers for Woodlarks HERE. Then onto my massive Avacta (AVCT) scoop which demands a statement Monday and is another reason that my bearish stance has been vindicated. Again. More ouzo for the Sheriff.
150 days ago
The Old Man’s group are at 14.5 miles: the two Miers (pictured) and the two Divers and lagging at the back, Tom Winnifrith. The light rain of earlier has stopped and it’s getting hotter by the minute. We stock up on fluids and press on with the Fast Group of Health Nazis in pursuit. We have now raised almost £26,000 with Gift Aid Help us to help Woodlarks with a donation here.
150 days ago
No sign of Andrew Bell or Dr Sam for the early start. Bean counter Nigel and son Xavier arrive two minutes late. And minus bell we are off. We start the morning off at £23,400 plus gift aid. You can help Woodlarks with a donation here.
150 days ago
June 17th and the 34 mile walk from Winchester Cathedral to the amazing Woodlarks camp in Surrey is now just ONE day away. It looks like the 12 ( no 11) of us walking will be sweating under a hot sun on what will be our last trek for Woodlarks. We are all very grateful that so many of you have donated allowing us to reach, with gift aid, £26,000 raised. Thank you to all who have given Woodlarks much needed funds. But…
150 days ago
I start by mentioning tomorrow’s activities. many, many thanks to the 300+ folks who have donated. If I have not reminded you enough and you have forgotten to sponsor the rogue bloggers for Woodlarks there is still time HERE. Then I mention a knobhead called Robbie. Then it is onto Odey share overhangs, mentioning Shanta (SHG) en passant, IOG (IOG), Wray and Alliance Pharma (APH) in days gone by, Canadian Overseas Petroleum Limited (COPL) and finally two minnows on the brink of going under, I suspect: Deepverge (DVRG) and Microsaic (MSYS).
151 days ago
Asset manager Dr. Stephen Leeb is another cheery fellow predicting doom and gloom all round and telling us to buy gold.
151 days ago
There is no pleasing some folks is there? It seems that I missed something out from my list of 39 red flags for bears earlier. Worse still, much though it pains me to admit it, the pedant Evil Banksta might have a point.
151 days ago
151 days ago
Having wondered which woke UK PLC would cause the most damage to its business with an idiotic gesture, I think we have an answer. It is DIY chain Wickes (WIX). Its shares are down by a couple of percent today, but the backlash is only just starting. #BoycottWickes is now starting to trend on twitter. So, what was the gaffe?
151 days ago
This one comes from the US short selling site The Bear Cave and (in bold) I have added a UK equivalent where appropriate. Enjoy.
151 days ago
Usually it is black folk, that is to say those in sub saharan Africa who, we are told, are most at risk from the global warming hoax. But apparently global warming is now more homophobic than it us racist and it is the LGBTQ community, most of whom live in rich Northern Hemisphere western nations who are most at risk. I fail to see the logic here but perhaps a more enlighted reader can explain?
151 days ago
Oh dear. The plans of Quindell fraudster Rob Terry and his young wife Tracey to buy their local boozer, the Square Cow, and turn it into an upmarket seafood restaurant as part of their Quob Park empire have had to be scrapped after a furious backlash from locals.
151 days ago
Asset manager Peter Grandich argues that the U.S. reaching the practical limit for debt means that it is facing a serious decline.
151 days ago
I start with a few words about mad domestic panic ahead of my trek down to Winchester tomorrow. That is for the Woodlarks walk and thank you to all who have helped us reach (with gift aid) £18,600. If you have forgotten to assist you can still do so HERE. Then it is onto Eden Research (EDEN), ASOS (ASC), a reminder of the insider dealing laws, Eco Buildings (ECOB) and AMTE Power (AMTE).
151 days ago
On the Cineworld (CINE) shareholders Telegram home for deluded fools the following email purporting to be from Cineworld boss Mooky Greidinger to some of his staff has appeared suggesting it is going into administration. Natch, Mooky has not bothered to tell shareholders the bad news via RNS as he views them with contempt. The shares are 0.7p ( a £10 million market cap), down from 200p+ when I first warned you all. The target of 0p should be reached within hours. The email reads:
151 days ago
I am sorry to be something of a pedantic bore but the lack of published results for calendar 2022 from Bidstack (BIDS) is now becoming really alarming. Is it confident that it will get the numbers out by June 30th to avoid its shares being suspended? If there is a possibility it might not, surely a statement is called for?
152 days ago
This week, after 12 years of campaigning, I finally got to see Warwick School admit, after years of denial, that historic abuse had taken place and it made a full apology to we victims in a letter sent to thousands of current parents and former pupils. Having been cold shouldered by certain former teachers and pupils for my efforts I slept well that night. But, on reflection, this not a time to let up because there is still unfinished business.
152 days ago
I kid you not, David Lenigas appears to have gone all shy and one investor in the dog Pennpetro (PPP) has had enough. He tweets & the spelling error is his not mine!:
152 days ago
An explicit warning from perma-dog Versarien (VRS) that it is almost certain to do another bailout placing soon might convince even someone as stupid as penny share grifter Doc Holliday that holding these shares is financial suicide. The company has today announced that it is calling a GM to give it the authority to issue more shares.
153 days ago
I understand that many listed firms feel the need to hire an IR/PR firm. Actually they should resist the urge, it is just another cost centre and adds no value at all, in terms of generating free cashflow. It is not as if the posh twits who inhabit the world of PR can actually polish turds or turn a good company into a great one, their exorbitant fees subtract from the NPV of a company, they do not add to it.
153 days ago
Yesterday I flagged up that shares in Canadian Overseas Petroleum Limited (COPL) had slumped from 25p when I first warned to sub 4p, “into the threes”. Today they are slumping again and are just 3.25p to sell. How soon the “terrible 2s”. As it happens I was chatting to an expert in death spiral financing and he explained why the death spiral at Canadian was and still is a suicide trap for all concerned.
153 days ago
I look at the hot sun outside and think of the hot sun we are promised on Saturday as we do the last 34 mile Rogue Bloggers for Woodlarks walk. With gift aid we are now at c£17,500. If you can help us get towards £20,000 with even a £10 donation please do so HERE. In a long podcast I discuss base rates in the UK, inflation, recession , Crispin Odey and his collapsing empire, San Leon (SLE), Skinbiotherapeutics (SBTX), Eurasia (EUA), Cineworld (CINE), Supply@ME Capital (FRAUD), and M & C Saatchi (SAA). I also look at Robert Walters (RWA). and its long term threats as a commodity player.
153 days ago
Cineworld (CINE) has already warned numerous times that shareholders are going to get wiped out. Last night Sky reported HERE that the UK PLC would be put into administration this week. Natch, Cineworld which has always treated its shareholders with contempt has not issued an RNS.
153 days ago
In its business update of 9 June 2023 (TNT), Tintra announced that the $10 million investment announced on 10 March 2023 at 1178 pence per share which was to be made 45 days after the establishment of an Special Purpose Vehicle (SPV) still hadn’t arrived and that the agreement date was now extended until 10 July 2023.
153 days ago
I am told it is a stock I am very bearish on and which already has a death spiral in place but who is it? I also cover Tingo (US:TIO), Powerhouse Energy (PHE) which also needs a placing Versarien (VRS), Genflow Biosciences (GENF) and Predator Oil & Gas (PRD). The Rogue Bloggers for Woodlarks have now raised £17,250 all in. Thanks to all who have donated, there is still time to do so HERE, please do!
153 days ago
Shares in Tingo (US:TIO) were trading at more than five dollars a couple of weeks ago but closed yesterday at just $0.96 after another day of panicked selling. Long gone are the days when this fraud had a $7 billion market cap. Yesterday I dropped an email to Jen Knickerbocker. I am not making that name up.
153 days ago
I mentioned this in yesterday’s bearcast but when a company’s market cap and the liquidity in its shares slumps, a company facing a death spiral can find itself in an increasingly vicious circle impoverishing its poor shareholders. When, to much abuse, I first explained last year what a complete dog was Canadian Overseas Petroleum (COPL) its shares were 25p. The shares are now just 3.75p to sell.
154 days ago
Thanks to the sponsorship of Sure Valley & Pires Investments (PIRI) we are expanding the number and quality of speakers and are able to offer up more fun and games at Sharestock this year - as you can see HERE. In this episode I chat to Brian Kinane and John Frizelle of Sure Valley about the role of Microsoft in the AI boom. Enjoy.
154 days ago
We have three new volunteers for June 17th and the 34 mile walk from Winchester Cathedral to the amazing Woodlarks camp in Surrey so 12 of us will be there on the day and we have now raised more than £16,000. I shall set off at 4.15 AM and aim to arrive by 8 PM having spent 16 hours at the back with my great friend Jonathan being lectured by him, for the whole walk, on why I was so wrong, stupid and Xenophobic to vote for Brexit. Think of my suffering but read on to find out what a great cause this is and consider why each of you yet to donate should give a tenner today HERE.
154 days ago
Thanks to all who have donated to Rogue Bloggers for Woodlarks. With six days to go we are now, all in at heading for £17,000. Thanks to all who are helping a great cause but there is still time to donate HERE. Then I look at Tingo (TIO:US) and this filthy material HERE from the Nigerian Guardian, at Tern (TERN), Canadian Overseas Petroleum (COPL), death spirals and at Bidstack (BIDS) which has STILL not published its numbers.
154 days ago
I flagged up that shocking journalism of eight days ago by Jo Hart of the Midas column HERE. But so far her call looks inspired and I look like a schmuck who has received numerous lawyers letter from Eden Research (EDEN) for exposing its numerous historic frauds. Oddly it never went beyond the “bully and harass” stage.
154 days ago
Another day and it’s another meaningless RNS from David Beckham backed car crash Guild Eports (GILD). It has signed a technical partnership with Fanatec, moving from soccer to video motor racing. Whatever. This is not an RNS Reach but an RNS so it is meant to be material in a financial sense. Whatever…. I bet you it is not.
154 days ago
The letter below is being sent today to all parents of boys at Warwick School and to all OWs for whom Warwick has details. Twelve long years after I first raised the issue of the physical abuse I, and so many others, suffered at the hands of sadistic bastard Geoffrey, Geoff, Eve, during his two stints at the school, we are getting there with this public mea culpa. Last year Warwick apologised to Eve victims personally, accepting that our allegations were true. Now, for the first time, we get a very public and explicit acceptance from Warwick that it had problems with historic abuse. But we are only part way there.
154 days ago
I do not know why I have bothered interacting with someone claiming to represent shareholders mugged by Cellular Goods (CBX)? @CBXFuture. I guess I am a nice guy,. in even giving this chap the time of day as he is a long-term shareholder who raves about the products which do not sell. He is going through one of the penultimate stages of grief as a share price collapses.
154 days ago
I refer to THIS email regarding the Tingo (US:TIO) fraud. I explain why I do not think that Anna Marks can afford to ignore it and not take action. Thanks to all who have donated to Rogue Bloggers for Woodlarks over the weekend. All in, we are now at nearly £16,000 in total. I explain why this is such a great cause, please keep donating HERE and thank you to all 190 of you who have donated.
155 days ago
Anna Marks, the Global Chair of Deloitte lives in Oxford, the City of Lost Causes. I have written to her about one such lost cause, the seven billion dollar Nasdaq fraud Tingo and specifically about those who are enabling it. Yes… you have guessed.
155 days ago
The fraud Supply@ME Capital (SYME) has now issued three RNS announcements about inventory monetisations being:
155 days ago
Why bother shorting companies which are just stock market promotes or have severe balance sheet issues. They might struggle on for a while. Instead you can short Nasdaq listed Tingo (US:TIO) which is now a demonstrable fraud its still, on a fully diluted basis, worth almost a billion bucks – at $1.34 – and which is a nailed down zero.
155 days ago
With all home grown: cherries, black currants, red currants, raspberries, blackberries (okay foraged and frozen), dessert gooseberries and strawberries this was a triumph. Okay the juice missed a bit at the bottom but the sliced bread held and allowed me to turn it out almost perfectly. With lashings of cream it was excellent. The first half was last night, we will polish it off tonight. Yum, yum!
156 days ago
I start with the weather and what that prompted me to do today. Then it is onto Grandpa’s Pride a book for 4 year olds and why you might want to #BoycottWaterstones. Then it is onto the sacking of sex pest Crispin Odey. Finally, in seven days I shall be a Rogue Blogger for Woodlarks. We are now just a few quid short of £15,000 please donate HERE.
156 days ago
Equipment rental company Vp plc (VP.) has announced results for its year ended 31st March 2023 and that, whilst some macro-economic volatility remains, it is confident that it will continue to deliver on its objectives of driving demand for products and services and increasing revenues and profitability.
156 days ago
The rogue bloggers for Woodlarks have, with gift aid, raised well over £13,000 with another £1,000 pledged but not yet showing. Help us get to £15,000 before the weekend HERE. In today’s podcast I look at Versarien (VRS) and why grant applications cannot save it, Mercantile Ports (MPL), Vast Resources (VAST), Supply@ME Capital (FRAUD) and Deepverge (DVRG).
156 days ago
I kid you not. Allowing for a share consolidation, shares in Mercantile Ports & Logistics (MPL) – now 3.5p – really are down 99.86% from the IPO, not bad for a safe real estate development company operating in one of the world’s fastest growing economies (India). Okay so the last CEO has recently pleased guilty to a $300 million US securities fraud, we have highlighted numerous red flags on this website over the years but it has a Tory toff on board ( Lord Flight) so I suppose it must be terribly pukka after all. Today, yet another placing and retail offer with £8.9 million raised at 3p. Who could be so mad?
156 days ago
Failed loan shark Amigo (AMGO) has reiterated that it is still proceeding with an orderly wind-down of its business which will see “no residual value for shareholders”. But, a crazy guy called Michael Fleming has approached it with a view to making a debt investment in the Company or its subsidiaries.
156 days ago
Since 6 February this year Vast Resources (VAST) shares have soared, notwithstanding one bailout placing, on claims that it would very shortly be getting its mits on 129,400 carats of rough diamonds held in “safe custody” at the Reserve Bank of Zimbabwe. Even as the shares raced ahead to almost 0.7p shareholders in this company with shite assets and run by charlatans were still sitting on 99%+ losses such as been the industrial scale value destruction via share issuance and boardroom greed over the years. Today came some reality. And then like Vast’s dreams they fade and die…
156 days ago
As I have noted before, since its abomination of an IPO, Bidstack (BIDS) has always reported its calendar results in April apart from one year when it reported in early May. But we are now almost a third of the way through June and there has not been a squeak., not even a promise that results will arrive by June 30 so avoiding a share suspension. Good news travels fast, bad news is delayed. So, what is the bad, and I suggest its very bad, news?
156 days ago
Those who have pumped Versarien (VRS) shares up to 6p of late via podcasts, twitter and chat room posts should hang their heads in shame. You know who I mean Doc Holliday For results for the six months to March 31 are out today and are just shockingly appalling even by the standards of this POS. Insolvency clearly looms on the not too distant horizon.
156 days ago
Jubilee Metals (JLP) has announced a new partnership agreement for its PGM and chrome operations, emphasising it is progress towards expanding its South African operational footprint by 65% over the next 24 months to reach nearly 2 million tonnes of chrome concentrate annually as it continuously strives to enhance earnings.
156 days ago
Investor in early stage financial services businesses, B.P. Marsh & Partners (BPM) has announced that, “subject to completion and receipt of the Kentro proceeds”, it is pleased to confirm a special dividend, new dividend policy and a further share buyback as well as providing an update on its ongoing strategy.
156 days ago
A mixture of sweet and sour cherry trees were among the first things I planted at the Welsh Hovel after clearing the jungle. It was three and a half years ago that I planted eight trees alongside the wall that overlooks the track down to the house. I have added a couple since with fanciful ideas of cherry blossom falling onto the road.
156 days ago
Having initially “refuted” the allegations made by Hindenburg Research and said it would provide its own detailed response, Chris Cleverly’s billion bucks fraud Tingo (TIO) has changed tack and brought in law form White & Case to review the claims. This is a bluff from the fraudsters’ playbook.
156 days ago
Forgive me, I start with last night’s football and West Ham’s triumph. I explain just how I will suffer on June 17th and its nothing to do with blisters. To the 90% who have yet to give to rogue bloggers for Woodlarks please think of the looming pain, 16 hours of non stop regurgitated Cadwalladr, and donate HERE. Then I look at: the Odey sex scandal, the Eurozone in recession while a free Britain is not, more on the fraud Tingo (US:TIO) including its 5 minute no Q&A (as promised) GM, at Zamaz (ZAMZ), BarryRoe (BEY) and then at house prices and housebuilders.
156 days ago
I am told by at least one reader that a 1 million shares sale in Skinbiotherapeutics (SBTX) MUST be Optibiotix (OPTI). The bulletin boards are full of ill-informed speculation. I am in a good mood today because West Ham are Massive so I shall not label such folks morons. Okay I will. They are morons. I have swapped emails with both Steve O’Hara of Optibiotix and Stuart Ashman of Skins.
156 days ago
It is not often that I praise journalists at the FT, home to snot gobbler Dan McCrum. But the Financial Times has today served up a quite brilliant expose of top fund manager Crispin Odey and I very much doubt whether he can survive this scandal. Indeed, he must now fear for his future liberty. This is a #MeToo scandal. The testimony from his victims is chilling.
156 days ago
The bubble which saw vast amounts of cash chucked at companies seeking to make “meat” in a factory to allow pasty faced vegans to taste something they say they hate without harming any animals is bursting. BSF Enterprises (BSFA) knows that and also know that its last £3 million fund raise will not last long and so the begging bowl will soon be dusted down once more. Hence another spoof.
156 days ago
I have moved my place of work to what will one day be a library. It has stacks and stacks of books already but the fireplace needs a bit of work to bring it back to its original 1650s glory, I have one modern bookcase to replace and the room is also home to various bits of clutter which we keep saying we will get rid of/take to Greece/ sell on facebook marketplace. we never do. But its a good room looking out through an enormous sash window to the back garden.
156 days ago
So now 90% of you have not contributed to the rogue bloggers for Woodlarks appeal as we welcome student X, our 12th member. Please do donate HERE. In the podcast I mention West Ham and discuss IOG (IOG), the FRAUD Tingo (US:TIO), Powerhouse (PHE) and Bellescura (BELL) from the Adam Reynolds stable.
156 days ago
On 13 January i published a short bear dossier on ICG-Longbow Senior Secured UK Property Debt Investments Limited (LBOW) focussing largely on the carrying value of RoyalLife. The shares were then 52.5p. Natch Longbow “refuted” me via RNS. The shares are now 36p but, with what follows, I suggest still monstrously overvalued. You can short this.
156 days ago
Natch, the May operational update from Argo Blockchain (ARB) is highly selective, missing out all the really bad bits. But there is enough there to see that it is not generating cash and that it is creaking under mountainous debt.
156 days ago
Yesterday, bear raiders Hindenburg weighed into the battle with Tingo (US:TIO), the billion dollar fraud masterminded by Chris Cleverly, the cousin of foreign secretary James. The dossier HERE showed that Tingo’s claimed operations either did not exist or had a skeletal presence which shows that its claimed revenues and profits are just bogus as, almost certainly, is its claimed cash. Tingo has responded with what Lucian Miers calls “one of the most feeblest rebuttals I have seen ( and I have seen a lot)”. Meanwhile Tingo itself has a warning for American investors.
157 days ago
We have two new volunteers for June 17th and the 34 mile walk from Winchester Cathedral to Woodlarks. The far more photogenic of the two is pictured below.
157 days ago
The only cheat is the blackberries which Joshua and I picked last September and froze. Everything else I just picked in the garden this lunchtime: strawberries, three of four very early raspberries (red and golden), dessert gooseberries, red currants and black currants. I shall cook this evening and serve tomorrow night with lashings of cream. Photos will follow. Summer is well and truly here.
157 days ago
I start with Bud Light and wonder which British company might blow itself up in Pride Month. Sainsbury (SBRY) seems keen to destroy shareholder value. Then it is onto Tingo (FRAUD), Guild ESports (GILD) and Gfinity (GFIN) and Versarien (VRS). Do the maths at 6p and you will be gobsmacked.
157 days ago
This website has been warning that Tingo (TIO) was a multi billion dollar Norfolk that would end in tears for a long time. Now bear raider Hindenburg has joined the party with a bombshell dossier explicitly calling it out as a fraud. It is below. My target price FWIW remains $0.00. Enjoy.
157 days ago
Asset manager Hugh Hendry bet heavily on the Icelandic crash way before anyone else. His macro calls can be stunning and he is highly articulate as well as contrarian and switched on. He is always worth listening too.
157 days ago
Oi: Becks you old spoofer how is the placing going at Guild Esports (GILD)? You know the one that was “in progress” on February 1, four months ago? I only ask because your hitherto peer Gfinity says the esports market is not the place to be.
157 days ago
Zephyr (ZPHR), as I have noted many times, is the sort of stockmarket heroin addict which just needs fix after fix of new cash inflows. If it can’t get a placing away it does a “bridging loan”. Then it runs out of cash again and needs another placing. In November it boasted “while the current drilling programme remains amply funded through c.US$18.5 million of liquidity available as of 10 Nov 2022, projected medium term cash flows still appear sufficient to support exploitation of its existing inventory.” Now all the money’s gone and its placing time. Again.
157 days ago
The month of June, now known as Pride Month, or a quarter of the 30% of the year appropriated by 3% of the community, is drawing to a close. Scenes of naked men flashing all at young children taken to parades in America this weekend just gone, by parents who should be in jail are all over the internet. I marched against Clause 28 but the overt sexualization of toddlers in this way is surely wrong? Or maybe my values just belong in the last century as the decadent est marches full steam towards Sodom & Gomorrah.
157 days ago
For reasons I cannot explain the bitcoin price surged in the first quarter of calendar 2023 so Argo Blockchain (ARB) prospered right? Er…wrong. Quarterlies out today are dismal and what it does not say about the current balance sheet should have shareholders running for the hills.
157 days ago
I start with a TV recommendation, Murder in Steeltown, it is superb. Then it is Rogue Bloggers for Woodlarks where, with gift aid and a kind – as yet unbooked – pledge, we are now 25% of the way to target at £12,500. If you are among the 91% of listeners yet to donate please do so HERE. Then it is onto the Universal Basic Income pilot. Gosh the Tories are idiots. Then it is Versarien (VRS), Kefi Gold & Copper (KEFI), Chill Brands (CHLL), ASOS (ASC), Deepverge (DVRG), Microsaic (MSYS) and the moral bankruptcy of Turner Pope.
157 days ago
When America invaded Iraq, it handed its troops a pack of cards featuring the 52 most infamous war criminals it was hunting out. Oddly it did not include Tony Blair on the list. Could one create a Tingo (TIO) pack of cards, Dozy Mmobousi is the King, Darren Mercer is the joker and, obviously, Lyin’ Chris Cleverly is the knave. Alex Lightman is, on this occasion, just a two a penny of hearts. But are there other players? Meet Farouk Rabiu Mudi
157 days ago
I can show that there is in individual running two operations here on the Welsh English border who has all the hallmarks of someone dodging large amounts of tax. There is no company behind either site and, posing as a potential customer, I was offered the option of paying a basic fee in either cash or a bank transfer to the individual’s account. All ancillary goods or services are bought on site for cash. Workers appear to be paid in cash. It strikes me that with UK taxes at 70 year highs, going after those avoiding corporation tax, payroll taxes, enabling staff to avoid income tax, etc would be something the Government would want to do.
157 days ago
Though it was not included in the RNS, when Canadian Overseas Petroleum Limited (COPL) released its last quarterlies there was an explicit warning that if it did not raise fresh funds it would go bust. As such today’s operational update avoids the elephant in the room: there is no mention of income, losses, cashburn etc. What really matters.
157 days ago
Just 7 months ago Deepverge (DVRG) was celebrating the raising of £10.8 million by the esteemed firm of Turner Pope. Today there is a warning of redundancies amid an intensifying cash crisis and that the shares could be suspended in just 26 days for not getting its calendar 2022 results out on time. Oh dear, oh dear: anyone got a number for the Fat Lady?
158 days ago
I start with Lucian’s 24 mile suffering while I did not suffer from walking but, once again, from being the pantomime villain of the village facebook site. In short, to the 92% of you yet to donate please give to Rogue Bloggers for Woodlarks HERE. Then I move on to ASOS (ASC) and Eden Research (EDEN).
158 days ago
I start by explaining the result of that deal, viz me being a sweaty wreck. Then it is onto Rurelec (RUR), Tingo (US:TIO) and Amur Minerals (AMC). Finally, if not too hungover tomorrow I shall aim to do a 20+ miles training walk, my last training walk for the June 17 Rogue Bloggers for Woodlarks. If you are among the 92% of bearcast listeners yet to donate, please do so HERE. In advance I thank you.
158 days ago
Describing itself as “a global leader in molten metal flow engineering and technology”, a recent trading statement from Vesuvius plc (VSVS) included that its end-markets recovery pace “remains slow and uncertain”, but that they have started to recover from a low level of the end of last year and that its current trading is ‘ahead of initial expectations’. With this adding to confidence of its performance as its end markets recover and a good dividend yield whilst we wait, at a 417.8p offer price and up to 420p, we consider the shares a Buy.
158 days ago
Recommended in May at a 167p offer price, UK pensions consulting and administration group XPS (XPS) has since stated that it “is pleased to provide its post-close trading update (unaudited) for the year ending 31 March 2023 ahead of its full year results expected to be released on 22 June”. With the shares currently slightly up, how ‘pleasing’ was the announcement?
158 days ago
I start with the IRA man who is hopping mad at me yet again. Then I look at how the whole political/media class should be in the dock in the Covid enquiry as they all called for what has caused our inflationary crisis. Then it is Tingo (US:TIO), a detailed look at Audioboom (BOOM), Purplebricks (PURP), Versarien (VRS), Tern (TERN), Chill Brands (CHLL) and the regulatory threat to UK vaping. Finally, my last big Rogue Bloggers for Woodlarks training walk this Sunday will be c22 miles. It will be very hot this weekend and I have a thirsty Irishman here for supper on Saturday so may be somewhat the worse for that on Sunday morning, so think of real pain ahead and leave the 93% who have not donated & meanie Magna Carta and make a donation HERE
158 days ago
Gabriel Grego has just tweeted that he has shorted Tingo (US:TIO) joining other bears such as Fraser Perring, Lucian Miers and a stack of US bears who all see this as a zero. Natch mug punters have responded with abuse as they always know better, especially as Tingo is drowning in cash and auditors never get that wrong do they? Er..
158 days ago
Equities First holdings offers a service where CEOs of companies where the CEO knows the stock is going to tank, pledge shares to EFH in return for a loan at c65% of the value of the shares. We exposed this scam back in 2019 when EFH first open up shop in Britain. EFH ALWAYS dumps the shares on day one so locking in a neat 50% profit and when the shares tank the directors are faced with a margin call and default.
158 days ago
Author and analyst Rafi Farber is an economist who is pf the Austrian School so his observations on money printing should not be that surprising, even if his conclusion is a bold one. He speaks as the debt ceiling issue hits the headlines. Again.
158 days ago
The maths is not hard. And at some stage soon Eurasia Mining (EUA) needs to come clean. Let me show you why the position is now critical. As at June 30 2022 cash stood at £13.6 million. But the operational cashflow in the prior six months was MINUS £4.1 million and capital expenditure was a £7.1 million spaff, a total burn of £11.2 million. Sales in that six month period were a paltry £102,000. Now things may have been tweaked in the eleven and a third months since the last interim period. But the cashburn in that period was £1.87 million a month.
158 days ago
With two exposes today it is a Tingo (US:TIO) – tastic day for me. I discuss why I am so interested and why this is a zero. Then it is onto More Acquisitions (TMOR), Westminster Group (WSG) and its scallywag chairman Tony Baldry. Then Ascent Resources (AST) and Amur Minerals (AMC), finally I look at the pretence I expect to be announced tomorrow by Supply@ME Capital (SYME). Finally, Andrew Bell’s imaginary g/f is real! I have spoken to her and she WILL join the Rogue Bloggers for Woodlarks on June 17. More on the fragrant Mercie later, please do donate HERE
161 days ago
My pal Chris came aroud to pick a stack of our glut of strawberries. He, and his daughter, took a trug home with a couple of lettuces after supper but we still have stacks more to pick. Meanwhile on the production line:
162 days ago
Tingo (TIO) reckons that its shares collapsing is all down to a New York broker pretending to do a placing and to “of false and malicious allegations on certain bulletin boards, social media accounts and websites” so it has called in its lawyers. Again. Just to assist I have another oddity for the lawyers to have a butcher’s at.
162 days ago
I only ask the question but perhaps Predator Oil & Gas (PRD) might clarify for simpletons like me. Let me explain.
162 days ago
There are folks out there who still think that Chris Cleverly and Darren Mercer have ignored the habits of a lifetime and created a real business in Tingo (US:TIO) and that its fully diluted billion plus bucks market cap undervalues the story despite Lucian’s damning dossier HERE. Well here is something for such folks to consider: where are Tingo mobile’s 9 million supposed customers? I present to you a series of screenshots.
162 days ago
On 29th July 2020 Supply@ME Capital (SYME) fessed up that IAF2, a company controlled by Supply’s boss Alessandro Zamboni had hocked billions of shares to three new vehicles in returns for loans. It justified this with a porky pie, viz
162 days ago
Oh dear, Oh dear. More bad news from Purplebricks (PURP). It is enough to turn a man to drink and raises the very real spectre of shareholders not getting 0.65p in Q1 2024 but getting nothing at all. But I wonder if there may be one big winner from this disaster.
162 days ago
You can, of course ,just eat them and this attraction has prompted that rare spectacle, the Mrs and Joshua heading into the garden of their own volition. But faced with a glut, even that is not enough. I pushed a few through the blender to make the first strawberry ice cream of the year on Sunday and it is generally agreed that it was utterly amazing. If I sound conceited, anyone who has tasted my home made ice cream knows that I have every reason to be conceited. What you see below was picked in just 20 minutes by myself with Joshua and Jaya supervising ( i.e. picking to eat).
162 days ago
Thanks to the sponsorship of Sure Valley & Pires Investments (PIRI) we are expanding the number and quality of speakers and are able to offer up more fun and games at Sharestock this year – as you can see HERE. In this episode I chat to Brian Kinane and also to Dan Kramer and Mark Barton of Jaid. Enjoy.
162 days ago
Can you list them in terms of long term career value destruction? I start with Kefi Gold & Copper (KEFI) and some of the daft comments made. The to More Acquisitions (TMOR) and Doc Holliday’s cunning EGM plan which will surely destroy the company and lose it its quote. Then Advanced Oncotherapy (AVO), Red Rock Resources (RRR), Canadian Overseas Petroleum (COPL) and Tern (TERN) which looks to me to be almost bust and where I look forward to reporting its auditors to the FRC when the Fat Lady appears on stage. I should add what I forgot to say in the podcast: Tingo (US:TIO) is the most obvious zero from the province of Norfolk that I have see for ages. And it is shortable.
162 days ago
When Tingo (US:TIO) goes bust and is shown to be a $2.5 billion Norfolk and the US Authorities ask Britain to extradite Chris Cleverly of African Potash infamy, Darren Mercer of BNN infamy and Dozy Mmobousi what will Foreign Secretary James Cleverly say? Yes they are cousins. More Tory sleaze vicar? Anyone sane reading Lucian’s bombshell dossier yesterday HERE would mark this down as a slam dunk zero. IG will allow you to short and if you want another reason…
162 days ago
Is it not time for an update from Advanced Oncotherapy (AVO)? Comrade Evil Banksta who is short has dropped me a short note which seems perfectly sensible to me.
162 days ago
Another after hours placing from Kefi Gold & Copper no doubt has many of you crossing Harry Adams off your Christmas card list. But I try to justify it, discuss what the fundamental value is, the upside and downside risks and conclude that with the shares at 0.84p and the Primary Bid offer at 0.7p you should take it up not to try and flip but to double or treble your money or more. If you are not a Primary Bid member and want to take the offer up, sign up HERE and this website will get a small payment to put towards the goat fund. I also mention Amaroq (AMRQ) in this podcast.
162 days ago
I am afraid I do not get much of a kick out of one human being killing another. I like to think that we as a species have evolved from the days when we used to go to watch gladiators killing each other or Christians thrown to the Lions. But maybe we have not. Maybe we can “other” certain races and still enjoy those maulings and deaths.
163 days ago
I start with Cook’s Coffee (COOK) and what are the easiest ways you can save money. Then It is Optibiotix (OPTI), MGC Pharmaceuticals (MXC), Versarien (VRS) and BSF Enterprises (BSFA). You know the torture I suffered last weekend, next weekend it will be a 20 mile walk. Think of two weekends of suffering and, as we head towards £11,000 with gift aid, please donate HERE.
163 days ago
Fraser Perring of Viceroy Research was the first bear to expose the shenanigans at sheltered housing provider Home REIT (HOME). Natch the former FTSE 250 member said it refuted all Fraser’s allegations. It was equally dismissive of a subsequent critique from Boatman capital. Today a partial fess up, okay the bears were right after all but the board is not to blame. Whatever.
163 days ago
Back Market is launching a new platform on June 13: Trade-in. It served up a presentation on that on 25 May which you can see below. On the basis of that I asked the world’s greatest living Magpi-ologist how and when it will knock musicMagpie (MMAG) for six? First the presentation:
163 days ago
Last week Standard Listed More Acquisitions (TMOR) made the most shocking announcement about the termination of its proposed RTO of Megasteel, news which will see its own shareholders utterly screwed. There are wild rumours about which shareholders ensured the deal failed and I have today spoken to sources close to the company.
163 days ago
Earlier, I showed what an absolute abomination of an IPO Andrew Monk’s VSA landed British investors with last November with Cook’s Coffee (COOK). Then I looked at what was stated, now I address what Monk has allowed his, financially challenged, client to leave out. Let’s start with something I really should have spotted earlier which is highly material.
163 days ago
The final Rogue Bloggers for Woodlarks trek has ended. You can see the photos starting from 4.15 AM yesterday over on ShareProphets HERE. They are all ex paywall. But as a taster these are the last 1.5 miles….
163 days ago
I realise that he has a jet setting champagne lifestyle to support and a luxury holiday home on the Cornish Riviera to maintain, but is there any client that Andrew Monk at VSA Capital will not act for? The rule breakers and insider dealers at Caracal Gold (GCAT)? Tick. The scallywags at Silverwood Brands (SLWD)? Tick. But coffee chain Cooks (COOK) which Monkey brought to Aquis last November now takes the biscuit. It has today served up results for the year to March 31 2023, so let’s look at VSA’s forecasts from an IPO just over four months before the year end. Prepare to be shocked.
163 days ago
I start with a few political matters which make me despair and then explain the two reasons why, contrary to what you may read on Bulletin Boards I am NEVER short of shares.
163 days ago
But think of today’s suffering before I escaped and donate HERE. Then I look a bit more at poor John Allen and Tesco (TSCO). Then on the 4th anniversary of the gating of the Neil Woodford funds I look at Hargreaves Lansdown (HL). Finally a few thoughts on AI after recording the 4th Techcast on Friday.
163 days ago
Analyst David Kranzler is a bear on most things and also warns that the MSM lies to us all. He sounds like a good chap on that basis.
163 days ago
I start with the suffering I am about to endure at the Chapel holiday camp and urge you to consider the pain and donate to Rogue Bloggers for Woodlarks HERE. Then it is onto Malcolm’s earlier piece on PE’s and shares and why he may be wrong. Then to what appears to me to be a vile #MeToo witch hunt against Tesco (TSCO) chairman John Allan and then onto ITV (ITV), Phil Schofield and the real scandal and why more heads should roll.
164 days ago
Dominic will be performing with a Gilet Jaune at Sharestock where he is also speaking on bitcoin and gold. His latest short music video is just brilliant. Enjoy.
164 days ago
Early stage financial services businesses investor B.P. Marsh & Partners (BPM) “is pleased to announce the disposal of its entire 18.7% shareholding in Kentro, subject to FCA approval being granted”. With the shares currently up to 334p to buy in response, how ‘pleasing’ is the prospective disposal?
164 days ago
The annual weekend from hell looms. Think of my suffering and please donate to Rogue Bloggers for Woodlarks where, with gift aid, we are now over £10,000 but still more than 95% of you have not donated, you can do so HERE. In the podcast I discuss Lucian’s suffering at the Supply@ME Capital (FRAUD) teach in and why its shares are collapsing, Versarien (VRS), Tern (TERN), Pan African Resources (PAF), Boohoo,com (BOO) and Revolution Beauty (REVB)
164 days ago
On 17 March 2023 Essentially Group (ESSN) listed on the Aquis Lobster pot having raised £600,000 at 50p. Amazingly the shares are now 54.5p thanks to a series of fairly trivial buy orders since the IPO. But today, just two months after the IPO there is bad news.
164 days ago
Oh dear, oh dear as my old pal the disgraced tipster Mike Walters used to say when one of his shite tips went tits up. Cash guzzling almost bust Tern (TERN) is the sort of rubbish Old Mother Walters would have tipped in the Mail in his heyday as he promoted frauds like Minmet, Polly Peck, 3DM, Pursuit Dynamics, etc etc. Today there is more bad news ahead of next week when there will be even more bad news.
164 days ago
Thanks to my article HERE, Amur Minerals (AMC) was forced to put out a hasty statement on 24 May giving its investors on a proposed 1.8p per share dividend. The good news is that we now have a record date ( June 2), an ex dividend date (June 1) and a payment date (June 14). The bad news and uncertainty…
167 days ago
June 17th and the 34 mile walk from Winchester Cathedral to the amazing Woodlarks camp in Surrey is now just ONE days away. It looks like the 12 ( no 11) of us walking will be sweating under a hot sun on what will be our last trek for Woodlarks. We are all very grateful that so many of you have donated allowing us to reach, with gift aid, £20,000 raised. Thank you to all who have given Woodlarks much needed funds. But…
167 days ago
Of course, the big undeclared (until the last minute) related party deal was the sale of Valereum’s (VLRM) bitcoin mining machines to the Lenigas spoof Vinanz (BTC), originally posited as an arm’s length deal. Many moons later as the Vinanz IPO finally happened the prospectus revealed that Valereum boss Richard Poulden owed a stack of low price (0.25p as opposed to the 3p IPO price) shares in Vinanz. But here is another stinker which emerged yesterday …
167 days ago
Think of my suffering. On June 17 I shall walk 34 miles and be lagging at the back of the pack with my friend Jonathan Price who will have 16 hours to explain to me why Brexit was a disaster, how 17.4million of us are dim or Xenophobic or both and how the fraudster Carole Cadwalladr is the greatest living journalist. Think of my suffering and please donate HERE as we approach ( with gift aid) £10,000 raised for Woodlarks. In today’s podcast I discuss Pantheon (PANR) – target price 6p? – BSF Enterprises (BSFA), Versarien (VRS) – shares up 50% today – and Cineworld (CINE), still 100% overvalued. .I also look at Cellular Goods (CBX) and the state of seaweed to carbon zero technology referencing THIS ARTICLE.
167 days ago
The slideshow below is that given by Optibiotix (OPTI) in a capital markets day yesterday. I have a few takeaways.
167 days ago
Most journalists worry that Artificial Intelligence, AI, will in due course threaten their jobs. Zak Mir claims to be a member of the National Union of Journalists but, judging by an update from his Aquis listed Lift Global Ventures (LFT) yesterday, his work will only be threatened by advances in the development of Artificial Stupidity.
167 days ago
On April 4 this year Ocean Harvest Technology (OHT) which turns seaweed into animal feed additives joined the AIM sewer having raised £6 million at 16p giving a market cap of £20 million. Well done Finncrap (FCAP) as the last audited numbers (2021) show a loss of 1.45 million Euro on sales of 2.1 million Euro. The valuation looks to be very generous to say the least. Wind forward to today and…
168 days ago
King of the fraudsters Rob Terry is expanding his Knob Park empire with the purchase of the Square Cow boozer close to the Quob vineyard, as you can see below. I am afraid that in Airstrip One 2023, crime does pay.
168 days ago
You may not like this podcast as it contains a number of matters which the Western Media GroupThink and our grubby political class refuse to acknowledge and which relate to the map below.
168 days ago
Back in 1967 when abortion was legalized in the UK thanks to Lord David Steel, the paedophile protecter, we were told that it would be a rare and unusual medical procedure. In the first full year of legal abortions, 1969, 54,819 lives were ended. By 2021 that number had soared to 214,256. So that means that thanks to Lord Steel just over 10 million unborn babies have now been aborted in the UK and this year 1 in 4 conceptions will end in abortion. These are appalling figures but some think that the numbers are not high enough. I write this today, thinking about my daughter Olaf, born at just 26 weeks almost 22 years ago weighing 1 lb 4 oz.
168 days ago
Has nobody learned from the #BoycottBudLight and other fiascos? The latest big American corporate committing harakiri is Target Inc, which is America’s seventh largest retailer. Or it was. As you may know, Lesbian Visibility week is Over and Pride Month is almost upon us, part of the 29.7% of the days appropriated by 2.7% of the population.
168 days ago
I start with more on the disaster at More Aquisitions (TMOR) and the roast rat now being served at Doc Holliday towers. Then it is onto a recap of lunch today with colourful entrepreneur Ray Ingelby, discussing Chill Brands (CHLL), his own planned IPO and much more.
168 days ago
Fresh from doing his conkers on going long of Versarien (VRS) it seems that the scouse penny share hustler Doc Holliday has come a cropper once more buying 8 million shares in More Acquisitions (TMOR) at a penny. Oh dear, More is rapidly becoming less as its proposed RTO of Megasteel is, er renegotiated.
168 days ago
On 14 March 2023 AIM sewer listed Amur Minerals (AMC) announced that it had received $35 million in hard moolah from the sale of its Kun-Manie asset and stated “The Company has previously announced that it will pay a special dividend of 1.8 pence per share to shareholders within 90 days of the receipt of funds. Further announcements in respect of the dividend dates will be made in due course.” Okay.
168 days ago
Asset manager Egon von Greyerz, of Matterhorn Asset Management AG kicks off with the debt ceiling in the US and explains how it is a farce, and a regular show every time it’s reached. It’s been raised over a hundred times and every time, it’s nothing but a political posturing. This is only going to lead to the debt being increased exponentially. In fact, since Reagan, the U.S. debt has doubled every eight years, and by 2025, it is projected to reach around $40 trillion.
169 days ago
https://www.conservativewoman.co.uk/bbcs-disinformation-queen-shoots-herself-in-both-feet/
171 days ago
The first three and a half litres of home made ginger beer should be ready within 24 hours. The ginger beer bug plant is bubbling away and the next batch will be ready for bottling a week today. Meanwhile, the elderflower bush at the top of our upper field by the churchyard is in full flower, flowers we picked on Saturday afternoon.
171 days ago
You may remember that I brought five edible olive trees ( as opposed to olive oil, olive trees) back from Greece in my car last year. I planted them at the top of the top field which goes from the new orchard up to the graveyard. I had feared that a cold Welsh winter had killed them off. But….
171 days ago
Well i say lucky, I am pretty sure that i was wearing this shirt for the 2006 FA Cup Final in Cardiff, the less said about which the better. Anyhow, despite it being somewhat ragged it seems the Mrs has not thrown it out which would, I am sure you will agree, have been grounds for divorce. Thus, as you can see below, I can now wear it for tonight’s match where I shall be joined at the Raven in Farndon by another attendeed at the 2006 match, albeit a scouser. He promises not to mention events of 17 years ago and to become a Hammer for the evening.
171 days ago
Thanks to the sponsorship of Sure Valley & Pires Investments (PIRI) we are expanding the number and quality of speakers and are able to offer up more fun and games at Sharestock this year - as you can see HERE. In this episode I chat to Brian Kinane and Barry Downes of Sure Valley but mostly to Jack Morrow of Retinize, a firm based in Belfast so which can do no wrong.. Enjoy.
171 days ago
EasyJet (EZJ) has announced results for its half-year ended 31st March 2023 and emphasised that it enters the summer “with confidence”.
174 days ago
I suspect many say the same about me. I start with Wishbone Gold (WSBN) then address Lansdowne Oil & Gas (LOGP), UK Oil & Gas (UKOG) and more lack of Turkish Delight for big Dave Lenigas and the other promoters, Eurasia Mining (EUA) and Cellular Goods (CBX) where I am being spammed on Twitter by poltroonish supporters.
174 days ago
Writer Jesse Felder says that Federal Reserve policy aimed to create a wealth effect through printing money, has only generated bubbles and the illusion of growth. He goes on to explain that the more money a country prints, the less attractive that currency becomes to other countries. Please take note, the entire UK political class.
174 days ago
I argued, as the shares collapsed yesterday, that my long term bear thesis on Lansdowne Oil & Gas (LOGP) was now vindicated, But a shareholder, who is no fool, thinks I may be wrong. I am prepared to accept that I am sometimes wrong so for balance, the punter writes:
174 days ago
The STD numbers are rocketing we discovered yesterday. in 2022 there were 392,453 diagnoses of new STIs among England residents, an increase of 23.8% compared to 2021. Cue howls of anguish from all corners but – as Pride month kicks off there is one matter nobody in trhe media dared to mention.
174 days ago
I start with the domestic issues caused by the lack of gas and how the Mrs is the real victim after my 18 mile walk yesterday. Think of her sleeping next to a smelly me yesterday, her suffering and then donate to Rogue Bloggers for Woodlarks HERE. In the podcast I discuss Chill Brands (CHLL), Supply@ME Capital (SYME) now valued at almost £100 million, Bidstack (BIDS), Eden Research (EDEN) and Lansdowne Oil & Gas (LOGP).
174 days ago
For shareholders in Versarien (VRS) sitting on losses of up to 99.5%, here you go with a story from 2011 ( Conman left me penniless).
174 days ago
Vinanz (BTC) The sub scale bitcoin miner which does crazy deals with pals of its founder David Lenigas listed on the Aquis lobster pot at 3p. Its shares are today, despite Lenigas personally hoovering up any (loose but wise) sellers, still just 3p to sell as nobody is buying the Lenigas bull. Since Lenigas and his pals like Richard Poulden got in at 0.25p they don’t care but instead the company serves up another bullshit spoof.
174 days ago
On Saturday, Ray, the owner of The Vaping Group Ltd – the new UK distributor for Chill Brands (CHLL) nicotine free vapes – sent various messages about how he wanted to talk urgently. After 4 onerous hours of family chauffeuring duty, I called back and we had a long chat. It was most illuminating.
174 days ago
If so, and it concerns the Chill Brands (CHLL) expose earlier HERE, drop me an email. Then I turn to Avacta (AVCT) and my earlier comments HERE. Then it is onto Supply@ME Capital (FRAUD), Cineworld (CINE), Amigo (AMGO) & Purplebricks (PURP), four horseman of share price madness. Then onto the impending collapse of Wildcat Petroleum(WCAT) and to Fusion Antibodies (FAB). Finally I might even have to show a picture of Brokerman Dan’s grots if you do not donate HERE
174 days ago
I have read a couple of books about Harold Wilson and I remember my late Uncle Christopher Booker and my late father agreeing that there were some good reasons to regard the former Prime Minister dimly. The pound in your pocket is worth the same today as it was yesterday said Wilson having just devalued the pound so it was patently worth less. The White Heat of Technology was the sort of vapid nothingness that served as a blue print for Blair’s Cool Britannia. But I was just two when Wilsonwas evicted from office the first time, by the even more useless Heath. The second time around I was eight. But i still have no real memories of what he did and I certainly never had cause to hate the man.
174 days ago
As I left the Welsh Hovel this morning I thought that I smelled gas at the top of the street. I thought little of it for an 18 mile training walk was planned and I had left early without any procrastination. I pressed on.
174 days ago
Tomorrow is an 18-20 mile training walk for Rogue Bloggers for Woodlarks. Please do think of how that will hurt, and to avoid more about Brokerman Dan’s underwear donate HERE. Then I look at the Chill Brands (CHLL) Blackpool spoof after today’s shocking expose HERE and why this can only happen on the Sub Standard List on the FCA’s watch ( no sniggering at the back!) Then woke campaigners like the wretched Church of England, Shell and light beers ( two of them).
174 days ago
Industrial components company Essentra (ESNT) has issued an AGM trading update including noting distributor destocking but that it “is seeing improved trends since the start of the second quarter”.
174 days ago
I am not finished with the ramptastic release from Chill Brands (CHLL) last week about its UK distribution deal with The Vaping Group Limited which is owned and controlled by a Mr Ray Ingleby. The morons think this will be transformative but I have already shown that Vaping is a loss making smaller company HERE and that it operates from a small business unit in Blackpool HERE. But there is far more to come on this…
175 days ago
Yes, Schofield and the cover up at ITV is a real scandal and there is a double standard there in that had Schofield been shagging a 17 year old junior female employee he’d have been out three years ago. As he today takes to the airwaves to accuse his critics of being motivated by homophobia there is a humungous double standard. This is the Kevin Spacey defence “Look I am gay so ignore the huge power disparity between me and that teenage boy I shagged but if a male executive shags a female intern he is exploiting a power gap and must be crucified. I so support #Metoo.” I discussed the ITV cover-up of Phil and how everyone knew HERE. However…
175 days ago
I am a perma bear of Avacta (AVCT). I don’t rate its management and am sure the feeling is mutual. But the valuation is bonkers. I was bearish ahead of the placing in December in which Avacta tried to raise £15 million but raised only £9 million. I think the acquisition of Launch financed by a death spiral was crackers but for a while I was whistling in the wind as the shares were ramped to 183p. They are now back at 113p but that is still a nutso valuation.
175 days ago
Yesterday shares in Chill Brands (CHLL) raced ahead as it signed a distribution deal with The Vaping Group Limited. I called it a spoof now here is a photo which rather makes my point.
175 days ago
The FCA always tells us, when not lecturing us on climate change or the need of the financial services industry to employ more lesbians of colour, that past performance is no guide to the future. But the thing is that it very often is an excellent guide to the future. And that is one of the reasons why I have always regarded Bens Creek (BEN) as an accident waiting to happen.
175 days ago
UK wealth and asset management company Mattioli Woods (MTW) recently announced an initial £8.78 million and up to £15.048 million acquisition of one of the largest financial planning and wealth management businesses in Northern Ireland, Doherty Pension & Investment Consultancy. This is expected to be earnings enhancing in the first full year of ownership and looks to add to an attractive value and income position here.
175 days ago
Imperial Brands (IMB) has announced results for its half-year ended 31st March 2023 and that it is “on course to meet… full-year guidance, with improving returns in line with five-year strategy”.
175 days ago
An early childhood memory from Butterwell Farm ,was of hearing a series of loud explosions as one of the bottles of ginger beer my parents were making, exploding and setting off a chain reaction among the other bottles. In those days we only had glass bottles. I have never tried my hand at this before but, with the elderflower champagne and cordial season and nettle beer season now almost upon me, I thought I’d also give it a go. I am now working on my ginger bug plant as you can see below.
175 days ago
Faking a product demo to gain funding is fraud and Williams boasted about doing that so the Tory scumbag should not threaten me, as he has threatened others, with a lawyers letter for calling that out as an act of fraud. I discuss his antics at Avanti (AVN) and then Arqit Quantum (US:ARQQ) about which I warned at $37.41 on December 3 2021 HERE and at $5.65 on 17 June 2022 HERE. Its shares are now 73 cents but the company is still valued at $90 million. My target is zero. I discuss in detail. Then it is onto IQE (IQE), Mirada (MIRA), Future (FUTR) whose £1.06 billion market cap is a joke. I looked like a right prat on this one for a while but you cannot defy gravity forever. Which brings me to Cineworld (CINE), Cellular Goods (CBX) and today’s total spoof from Chill Brands (CHLL) which the morons have fallen for hook, line and sinker. Do they never go to Companies House? Finally: it is 30 days to Rogue Bloggers for Woodlarks and less than 4% of you have donated. I repeat the Brokerman Dan underpants threat, please do make a donation HERE
175 days ago
Chaired by Eric Boyle of disgraced Stanford Rook ( Stanford Crook to its pals), Voyager Life (VOY) has been a disaster for investors since its listing in June 2021 at 58p. I have managed to get the shares suspended once and exposed this red flags laden, rogue-run, POS more than once. If “old” Liam Murray at Cairn had any sense at all he would quit as its Aquis adviser. Instead we have another spoof RNS operational update designed to pump the shares, now just 11p to sell, ahead of the next bailout placing, needed within weeks to avoid bankruptcy.
175 days ago
Last night, after hours, Cardiff chip maker IQE (IQE) published its results for calendar 2022 and a warning about how dismal trading has been since. With its borrowings ballooning it also announced a placing at just 20p which has completed today raising £30 million. Warned of the dire consequence of the funding failing – and assuming that there will be few takers for a £3 million Rex retail offer – misguided existing backers such as Lombard Odier scurried to more than stand their corner. You cannot say that I have not warned you often enough. Those who ignored my numerous warnings, the sheep, have yet again been shagged by the Welsh.
175 days ago
Despite the presence on its board as a NED of Matt Earl, the Dark Destroyer, the 15 year AIM sewer career of Mirada (MIRA) is almost at an end. Unable to raise finance on the Casino and disappointed with its share price, though its inability to generate cash and its mountains of debt might just have something to do with it, the Spanish-based media software group is going to delist.
175 days ago
After some delay, the AIM statistics for the month of April have emerged. Ignoring 2 RTOs, there were 2 new additions and 4 departures for a net decline of 2 companies. For the year to date that is net drop of 11 companies down to 805 companies.
177 days ago
The last time West Ham were in a cup final (2006), I was there. The less said about that match the better. The only bar we could find afterwards near the ground in Cardiff not packed with joyful Scousers, in which to drown our sorrows, was a gay bar. We had real sorrows to drown.
183 days ago
I made a stack of jams last year: strawberry, blackcurrant, gooseberry, damson and marrow & ginger. And now we are down to the last jar. The fruit trees and bushes are looking good for this year and the strawberry crop is going to be absolutely enormous. But we are now down to our last pot of jam, as you can see below.
183 days ago
I start with domestic woes and legal opinion on the claims of the IRA man. In the main body of today’s podcast I look at Purplebricks (PURP) and the role of Neil Woodford and Link. I cover Microsaic (MSYS), Deepverge (DVRG), Pantheon Resources (PANR), Asimilar (ASLR), Argo Blockchain (ARB) – placing at 6p?. I also relay the thoughts of the world’s greatest living expert on musicMagpie (MMAG) and why it is doomed. If you hurry and book a seat at Sharestock – where less than a third of seats are still free - you can meet the expert, who was also a great Quindellologist – on September 23. You can book HERE
183 days ago
Oh dear, oh dear. Shares in the online estate agency Purplebrcks (PURP) once traded at more than 500p as Neil Woodford filled his boots (with other folks cash) and commentators such as the shop worker Paul Scott gushed about how disruptive the cash guzzling company that ripped off its customers by taking payment even though most properties were not sold, was going to be. Today the business, nearly all the assets (bar £5.5 million of cash) and the liabilities are being sold for just one quid to SPV Strike. What will shareholders get? If they are lucky 0.65p in Q1 2024.
183 days ago
Yet again I have written to the FCA about how, as the regulator of the Standard List (no sniggering at the back), it MUST intervene as Canadian Overseas Petroleum (COPL), a company facing a massive cash crisis, has deceived investors in the UK yet again.
183 days ago
The big call from Brailey at Sharestock 2022 was to short Pantheon Resources (PANR) at 121p. Yesterday evening the company announced a placing and Primary Bid offer to raise a minimum of $10.5 million at just 17p. It was hugely oversubscribed and $22 million was raised. But Brailey warns that those ponying up will also lose much of their hard earned. Here is why:
183 days ago
It is still 129 days to ShareStock 2023 but already ALMOST TWO THIRDS of the seats for September 23rd are booked out. If you attended the first ever Sharestock event up at the Welsh farm where my family live you may know why this will be sold out well before the event. If not, let me explain why this years show will be even bigger and better than that in 2022 and so why you should book your seat early.
184 days ago
I start with my latest run in with my neighbour, the IRA man. Then it is onto Canadian Overseas Petroleum (COPL). I discuss it deceiving investors, how the shares are a 100% slam dunk sell and also a shocking article about it ( see below) on Proactive not, as I said, by my pal Ian Lyall but by another pal Jon Hopkins. Hoppo should be ashamed. Then I look at Anglesey Mining (AYM), Zephyr Energy (ZPHR ) – hard cheese Cliff – Powerhouse Energy (PHE), Boohoo (BOO), where there is no ouzo for Ouzo man, and nanosynth (NNN) which has gone bust so meaning a vindication ouzo for me tonight and more shame on penny share grifter, brown envelope man, Zak Mir.
184 days ago
Today’s results announcement is a disgrace, omitting a clear and explicit warning that Canadian Overseas Petroleum (COPL) may go bust. I shall flag this up to the FCA which, no sniggering at the back, regulates the Standard List. I doubt it will act but you never know. Meanwhile there is another non-disclosure which should alarm investors.
184 days ago
Yesterday Alpha Growth (ALGW) announced the buy out of its 5% minority in its life insurance operations in exchange for shares in the listed group.
184 days ago
Natch Canadian (COPL) does not publish the full document but just its self-selected highlights omitting the really bad stuff. It says the full report is available on its website. That’s a lie, it is not. But you can find it at SEDAR and there you see what it is hiding.
184 days ago
Thanks to the sponsorship of Sure Valley & Pires Investments (PIRI) we are expanding the number and quality of speakers and are able to offer up more fun and games at Sharestock this year - as you can see HERE. In this episode I chat to Brian Kinane of Sure Valley but mostly to Ronan Murphy who is the founder of both Getvisibility and Smarttech247 about AI and cyber security. Enjoy.
184 days ago
https://forward.com/news/462916/nazi-collaborator-monuments-in-ukraine/
184 days ago
https://www.nytimes.com/2023/05/30/world/europe/me-too-guardian-financial-times-madison-marriage.html
184 days ago
https://babylonbee.com/news/surviving-ww2-vet-recounts-harrowing-story-of-the-lack-of-trans-representation-on-d-day
189 days ago
I have been bearish on both stocks and have no proof but in both cases the companies could do with some other people’s moolah to spaff. Hence the placing rumours which merit a statement in both cases are:
189 days ago
You know what to do HERE. After discussing that subject linked to sock wearing techniques on long walks, I look at Wood Group (WG), Scotgold (SGZ), Eurasia Mining (EUA), Pembridge (PERE) and at the wise words from that clever fellow Evil Banksta which convince me after yesterday’s bearcast HERE that Tullow (TLW) is in fact a stonking short. Sorry Malcolm.
189 days ago
Oh dear, oh dear, the bad news just keeps on coming at the $1 billion AIM fraud Wandisco (WAND). But before we get to the bad news I invite you to read the 2022 report on corporate governance read by now ex CEO pompous Dave Richards MBE HERE. Did he believe this shite or just publish it anyway to allow ESG investors and woke FCA employees to get an easy jerk off. Anyhow back to the fallout from the fraud.
189 days ago
Last week I discussed how the purchase by Cellular Goods (CBX) of start up Singapore based seaweed to net carbon zero POS company King Tide Carbon PTE. I showed how the transaction made no strategic sense and will accelerate the already disastrous cash burn ensuring that the Fat Lady is gigging well before Santa rewards all the good little boys and girls while handing lumps of coal to the directors and promoters of Cellular. But it gets worse, far worse.
189 days ago
Another day dawns and yet again Canadian Overseas Petroleum (COPL) has issued yet more shares. This is a death spiral on steroids but of you do the maths you must be a nonce. I am kidding. But at least some of the morons who own the stock are not. Let me explain.
189 days ago
It is a simple question and one that I have put to Chill’s (CHLL) financial adviser, Mr. Nick Harriss at the fine firm of Allenby Capital. Oddly Nick has declined to reply but as 1.5 million shares were issued at 4p ( a nice discount to the 6p share price) surely investors have a right to know who has been paid £60,000 for what? The statement reads:
189 days ago
Having committed fraud at Deepverge (DVRG), (publishing bogus numbers just before a placing) as well as breaking AIM Rules about non-disclosure of price sensitive information ( a move from profit into loss) just before a placing, Gerry “the arse” Brandon is clearly not fit to run a public lavatory let alone a public company. Yet amazingly AIM Regulation sees fit to allow him to continue to run Microsaic (MSYS) into the ground. Worse still…
189 days ago
There were three reasons to procrastinate about starting a training walk this weekend. The first is that if you were lying in bed next to a gorgeous younger wife would you want to get up? The second is that walking a long way by yourself, up and down a main road to Wrexham, is not that interesting. You can think about various things but there are only so many things you can think about or talk to yourself about. My training walk, avoiding the killer cows of years gone by is dull. The third reason…
189 days ago
There will be more on the painful feet later but suffice to say please donate to Rogue Bloggers for Woodlarks HERE. Then a really deep dive into Tullow Oil (TLW) where Malcolm is a fan but I explain why I am not and how he should be looking at it. Finally Bidstack (BIDS) and a growing red flag regarding its missing results.
189 days ago
SkinBioTherapeutics (SBTX) has announced on its AxisBiotix-Ps (psoriasis) product that it has commenced sales in Spain aided by the launch of a regional website and on its skin care active ingredient SkinBiotix that partner, cosmetics business of FTSE-100 Croda (CRDA), Sederma has noted ‘exciting’ additional benefits which means delays in monetisation. Is that good news or bad?
189 days ago
I think you know my views on the ESG mania. Legendary investor Rick Rule is in the same camp.
190 days ago
Okay, it is just a little joke of mine as the sun shines and I prepare for a weekend of training walks and gardening. Please do sponsor me HERE.
The strike off is not Big Dave himself but Lenigas Limited a company he set up and has not found a bandwagon to jump onto with a public listing
190 days ago
Back on March 23 I did a bearcast on Celadon Pharma (CEL) HERE which initially saw the shares marked lower from 125p to c105p. But the company fought back with private briefings. It did not draw attention to my well founded misgivings by issuing an RNS “refuting” what I said. That was a smart move. Instead someone roped in the serial liar John Story to do a mass new media spam pushing the shares, the CEO also did a Proactive interview and, for a while it worked. The shares hit 180p. Ouch. But then they started slipping.
190 days ago
The reference to the England women’s soccer team is explained HERE. I talk about Mike Lynch of Autonomy and why it is right that he has been extradited, THG (THG), nanosynth (NNN) ICG Longbow (LBOW), Aquila Energy Efficiency Trust (AEET), and Predator Oil & Gas (PRD).
190 days ago
Agriculture and engineering group Carr’s (CARR) has announced its results for its half-year ended 4th March 2023 and that it “anticipates full year adjusted profit before tax of c.£10m and remains confident in the prospects of both divisions in the medium term”.
190 days ago
Packaging designer, manufacturer and distributor Macfarlane Group (MACF) has issued a trading update headlined “Solid start to 2023 – on course to meet full year expectations”, so what does that mean relative to a now 114.5p share price, £181.3 million market cap?
190 days ago
An insider dealing director, directors who troll journalists on twitter or who threaten critics, these are never good signs. But worse is the determination of Predator Oil & Gas (PRD) to avoid issuing a prospectus when issuing shares. For the second time it has found a loophole to dodge making disclosures. Just what is the company hiding?
190 days ago
It is another ouzo day here at Sheriff Towers as my bear dossier published on January 13 this year about ICG-longbow Senior Secured Uk Property Debt Investments Limited (LBOW), is now vindicated. The snivelling response on January 16 from Longbow and its advisers at Lagos Securities is now exposed for the fiction it always was. The shares were 51 before the dossier, they are now 36p, down 12% today.
190 days ago
For almost two years my old friend Malcolm Stacey has been recommending that you buy shares in Blackbird (BIRD). Back in May 2021 the shares were c35p. Today – after more bad news – they are 7p. I warned explicitly HERE that Malcolm should walk away, I still think that he should.
190 days ago
Roquefort (ROQ) was a Standard List shell brought to market by the scumbags at Optiva as s shell in March 2021, raising a Bernie at 5p - I did warn folks about it HERE. Its shares are now suspended at 6.75p as it could not get its accounts out on time. But the history of the main player, CEO Ajan Reginald should be telling you that this is a monumental bargepole and everyone involved, from the FCA downwards should be highly concerned.
190 days ago
The FCA claims that its £235 million deal with Link, the administrator of the Neil Woodford funds, secures a 77.5p in the pound return for investors. Lawyers Harcus Parker claim that is a lie and, acting for thousands of victims, says it will fight on. The private letter making this claim has fallen into our hands and we publish it in full below.
190 days ago
In today’s Bearcast i start with madness at the Dublin marathon. I then cover Red Rock Resources (RRR), Skinbiotherapeutics (SBTX), Cellular Goods (CBX), where the seaweed shite does not add up – Marechale (MAC) and Ariana Resources (AAU).
190 days ago
The reality is that after numerous claims of an imminent big ramp up in sales, CBD company Cellular Goods(CBX) is still selling almost no product. It seems that folks will not hand over three or four ponies for a small jar of potion even if it has the endorsement of a man who was once good at kicking a football.
190 days ago
As we prepare for another rate rise in the UK today, do you wonder what the effect will be? Asset manager Tavi Costa of Crescat Capital has an explicit warning.
192 days ago
I preface this by condemning the Russian invasion and President Putin. I am no apologist but I am a realist. I ask you to consider the real and proportionate scale of losses in this war, if you are happy being lied to by Ukraine as well as Russia and if you are happy to keep writing blank cheques. Finally I offer a scenario by when after a few more blank cheques and much more bloodshed, the West forces Ukraine to cave. Will you consider that money and blood well spent?
195 days ago
I told you all to sell but have kept my shares in Red Rock Resources (RRR) as a reminder of what a prick I can be but perhaps also so that I can attend the AGM and give boss Andrew Bell the roasting he deserves. Gold is at a near all time high. The last time gold was at today’s levels, Red Rock shares were at a consolidation adjusted c400p. Today Bell has placed, yet again, at just 0.1425p. Bell makes excuses but there can be no excuses for such an abject performance..
195 days ago
Platinum group metals producer from South Africa, Sylvania Platinum (SLP) has followed third quarter of its year results with that it intends an up to $10 million share buyback programme.
195 days ago
My two share purchases are discussed at the end of the podcast. Before that I discuss Eurasia’s (EUA) latest porky, Guild ESports (GILD), Cellular Goods (CBX), retail inflation especially relating to cat food, and then Asos (ASC) – in detail.
195 days ago
I guess it is 2023 so one can identify as whatever you want. Today I have decided to be a German lesbian. And David Beckham’s Guild Esports (GILD) has said that “the Board looks to the future with confidence” after publishing interim numbers that show it to be technically insolvent. Whatever.
196 days ago
Do you remember the #BoycottSpoons campaign, “nice” middle class folks who could not accept a democratic vote urging us to boycott the JD Wetherspoon chain with the aim of hurting it hard, something which would have seen a stack of working class people lose their jobs? Wetherspoons is run by outspoken Eurosceptic Tim Martin and free speech is a crime for some folk. Well I guess twitter mobs do not always work. Today JD Wetherspoon (JDW) has served up a Q3 trading statement. Wokesters prepare to weep:
196 days ago
I have covered the career of left wing journalist Carole Cadwalladr on this website for many years, starting with her bogus claims of achieving success despite educational disadvantage, moving on through all the hoax stories which earned her an Orwell prize and then onto her libel case with Brexit bad boy, Arron Banks. Today Cadwalladr faces bankruptcy as she has been ordered to pay 60% of Bankski’s costs plus 100% of her own costs plus some damages as well. If she cannot find more than £2million she should be made bankrupt. Hooray. For Cadwalladr is a dangerous and unpleasant fantasist.
196 days ago
I start with discussing how my late Dad would have been fired had he still been a lecturer at Warwick University today. I am sure that I’d be getting a P45 in the corporate world in the wake of a new survey on workplace alcohol use. Then I move onto Frisby, a star speaker & also singer at ShareStock 2023, and Argo Blockchain (ARB), Versarien (VRS), UK Oil & Gas (UKOG), Supply@ME Capital (SYME) and in depth lessons from today’s collapse at Purplebricks (PURP), one I did get right. I also discuss the weather and, in that vein, urge you to donate to a great cause HERE.
196 days ago
During the past three years, Eurasia Mining (EUA) has pretended that it is in receipt of serious bid interest for its cash guzzling insignificant PGM assets in Russia, assets where the cost of mining is, per oz, greater than the price metals are sold for. Using this ruse to push up the share price it has managed to get away three placings at share prices which are a multiple of where the shares trade today. But now the money has almost run out.
196 days ago
Neil Woodford and Thirsty Paul Scott took the knee at the disruptive potential of online estate agent Purplebricks (PURP). In latter years the deadwood press blew smoke up the arses of the CEO and CFO as they were both women. Girl Power! More ESG vicar? Of course, the numbers never stacked up and the fundamental business offering was dire so shareholders and customers both got screwed. Those of us who do actually look at how a business runs and at hard numbers may be sexist old dinosaurs for doing so but we have another win. Today’s fess up from the birds in charge is grim.
196 days ago
II have let the training slide after that Greek Easter holiday. But the 34 miles Rogue Bloggers for Woodlarks walk is coming up fast (June 17) and so this morning there was no alternative. I procrastinated a bit but, in the end, donned an anorak and headed off into the rain. The photo below is of the track behind the back of the village where I live to Frog Lane.
196 days ago
Say what you like about David Bramhill, the man who as CEO of Union Jack Oil (UJO) spaffed shareholders cash on hiring spooks to investigate both journalists and his own shareholders, but Dave does like to issue RNS statements as often as possible. It is a classic sign of a penny share promoter.
196 days ago
UK Government borrowings are now at almost 100% of GDP. That should be a sort of ceiling if we do not want to go down the Greek path to bankruptcy. So if the state wants to spend more it must raise taxes which are already at a 70 year high. One group of public sector workers who think they should earn more, paid for by folks who – on a mean average basis – earn far less than them paying more tax, are the junior Shipmans. Meet James who is 28 and explains his financial woes to this week’s Investor’s Chronicle as you can see below.
196 days ago
Economist and Wealth Advisor Jonathan Davis believes that we could be repeating the 2008 banking crisis. He says that central bankers make incorrect statements about the future and have their own agendas often connected to politics and that the Fed is surrounded by incapable academics and often behind the curve.
196 days ago
Iron castings and machining operations company Castings (CGS) has announced it now anticipates year ended 31st March 2023 performance to be ahead of market expectations and that forward demand schedules continue to reflect strong order books across its customer base.
196 days ago
To be fair, I was urging folks to buy shares in Fox Marble (FOX) last week but it seems I was a bit wrong about the maths and our in-house BB savant PL was right. Does that make Fox a raging FYB buy on Tuesday? I then look at ScotGold (SGZ) and yet another scandal and finally at Flip Flop’s Kavango Resources (KAV) as per my earlier piece HERE. Tomorrow I really am on a training walk so please, as I aim to do 15 miles, consider a donation to Rogue Bloggers for Woodlarks HERE
196 days ago
On the Friday before the Coronation, mid morning so that fewer folks would notice, came a bombshell from Tintra (TNT), an apparent bust up with its death spiral provider.
196 days ago
You live by the sword….
197 days ago
J Sainsbury (SBRY) has announced results for its year ended 4th March 2023 and said that it’s starting the new financial year with great momentum.
197 days ago
Packaging designer, manufacturer and distributor Macfarlane Group (MACF) has announced the acquisition of A & G Holdings, owner of Gottlieb Packaging Materials – a North-West of England-based supplier of protective packaging products to customers across a wide range of sectors.
197 days ago
In today’s Bearcast I discuss: Aptamer (APTA), Supply@ME Capital (SYME), Tintra (TNT), Versarien (VRS), Advanced Oncotherapy (AVO) and Colin Bird’s Bezant Resources (BZT).
197 days ago
Now approaching a month ago when the shares closed at above 2.5p, it was clear that Versarien (VRS) required a bailout placing and we launched a prize sweepstake to name the placing price and, as a tie breaker, the price the day before the placing – with the prize 500ml of Tom’s Greek Hovel olive oil. Versarien duly obliged earlier this week at a massively discounted (natch) to the prior closing 2.0625p share price, 1.25p. And the winner is…
197 days ago
Packaging company DS Smith (SMDS) has issued a trading statement noting “strong growth in profitability and financial performance”, in line with expectations, and that it is well positioned entering its new year.
197 days ago
I noted the other day how those in the liberal political and media elites have, for years, sneared at anyone flying the Union Flag. Indeed, I think, the term flag waver actually became a term of abuse at some point amomng those who tend to have #FBPE in their twitter handles. But at least the UK does not spaff taxpayers cash on a “Flags team.” Unlike …
197 days ago
In the c25 years since Eden Research (EDEN) has – as well as committing numerous frauds – managed to send £43.3 million of other folks cash to money heaven. Apologists say that this is an early stage growth company and it is all about the jam that will arrive tomorrow. They have always said that. After a quarter of a century Eden is clearly not early stage and it is not really growing much either. Today come results for calendar 2022.
197 days ago
We are yet to hear from Scotgold (SGZ) or, other than an acknowledgment of complaint, from regulators considering apparent deception of investors ahead of the £3 million 40p placing earlier this year either as a result of the dynamite leaked spreadsheets HERE or the allegation that investors were spoofed by fake news given to the BBC, HERE. But now enter stage left the environmentalists at Parks Watch Scotland flagging up another massive financial issue which also poses clear environmental threats.
197 days ago
Advanced Oncotherapy (AVO) has raised another £1.37 million via the issuance of secured convertible loan notes. Great. £6.345 million of such CULS have now been issued but such is the profligacy of this abomination of an investment that this money will last for only a few more weeks. By the end of May the Fat Lady could well be singing. So who would benefit from that?
197 days ago
David Beckham backed disastrous CBD play Cellular Goods (CBX) has today served up truly disastrous inters which – whatever the oafs in charge insist – indicates very clearly that the company will run out of money. The level of delusion is just mind numbing. Take this comment on sales since the February 28 half year end:
197 days ago
Looking back on this I was a bit of a prize chump. But unlike the Mrs who handed over her bank details to some phone scammers a few years ago allowing them to clean out her account, I did not fall for it. I am a chump for not spotting this one straight away.
202 days ago
The starting XI of the Lionesses which won the European Championships last year was all white. There were folks of mixed race or of colour in the Squad but not the starting line up. And this is just unacceptable say those in the liberal media establishment.
203 days ago
Thanks to the sponsorship of Sure Valley Ventures and Pires Investments (PIRI) there are more big name speakers, entertainers and more free beer and wine at ShareStock on 23 September. And, as of tonight, almost two thirds of the seats are already bagged so to grab yours and to find out more go HERE. Also as part of this deal I shall be recording 24 podcasts between now and the year end. 12 of those are on AI, Artificial Intelligence. Number 1 in this series is with the surprise star of last year’s Sharestock Brian Kinane. Enjoy.
203 days ago
I am still celebrating Star Wars Day and discuss Tintra (TNT), Argo Blockchain (ARB), Deepverge (DVRG), Microsaic (MSYS), the madness at Mosman Oil & Gas (MSMN) and the black hole at Bidstack (BIDS), hence its delayed results
203 days ago
On Star Wars Day I look in detail at whether Versarien (VRS) is or was a fraud or just a pointless & worthless AIM sewer penny share promote?
203 days ago
I have dropped a note to my old pal, the bogus Sheriff of AIM, aka Mr. Marcus Stuttard, head of AIM Regulation, aka the Oxymorons. It seems to me that the BBC has dobbed in Scotgold (SGZ) for serving up a material untruth which saw the shares zooming to 70p to allow a £3 million placing at 40p to proceed. Either the BBC is lying or this is criminal deceit on the part of Scotgold. I have urged the Oxymorons to act…
203 days ago
It was just six months ago that smug bien pensant Davie Richards MBE was boasting that putting his staff on a four day week but paying them for five days had seen sales rocket. Then it emerged that most of those booked sales were completely bogus, booked by one rogue saleperson. As CEO, Richards, and his hapless CFO, had not bothered to call any of these big new customers, had not verified the contracts indeed had done nothing even as bills were not paid. Richards was too busy being one of the “great and the good.” Today, the price of Richards’ ineptitude became clear as Wandisco (WAND), battling to stay solvent, has started mass layoffs.
203 days ago
In today’s podcast I start with a few words on the Wrexham victory parade then discuss Versarien (VRS), Kefi Gold & Copper (KEFI), Mirriad Advertising (MIRI), Braveheart (BRH), Solgenics (SGN), Tern (TERN) and UK Oil & Gas (UKOG).
203 days ago
Scotgold (SGZ) has yet to comment on THESE LEAKED SPREADSHEETS which suggest that it misled the market about output at Cononish in January ahead of a £3 million placing at 40p. But there is now worse evidence of what it was up to ahead of that placing. I refer to the BBC article about a new vein appearing at the mine which saw the shares puffed up to 70p. I had assumed that the BBC was flying solo in bumming its readers.
203 days ago
This is so simple that even the most moronic or Bulletin Board morons or spiv, Scouse, penny share grifter, share promoters should get it: companies do not set out to raise £531,624 (gross) in a deeply discounted placing. They go for a round number. A company running on vapours raising a non round number and way below what it had the authorities to raise is a sign that only forward sellers and flippers were interested. I refer to Versarien (VRS). Its latest placing is a disaster.
203 days ago
Alpha Growth (ALGW) published its accounts for the year ended 31 December 2022 on Tuesday. The FRC should be all over this one as the breaches of IFRS rules are material and on an industrial scale.
203 days ago
The Coronation weekend is over but as I drive around the villages around Wrexham and Chester I am struck by how much of the celebratory bunting and flags stay up. Even here on the Welsh side of the border, the red white and blue of the United Kingdom cannot be dodged. My Indian born parents-in-law, old enough to have been born under British Rule, still fly their Union Flags as do so many others. But for years flying such flags was expressly frowned upon by the liberal establishment that runs the media, academia and most of the political class.
204 days ago
First up I have extended the deadline to enter our latest prize contest to 7 AM tomorrow - please do enter HERE. The I make a plea to Brian Kinane and then look at Chesterfield (CHF), Wildcat (WCAT), the fraud Supply@ME Capital (SYME) then, in detail, the latest David Lenigas promote PennPetro (PPP). Finally the get out of jail card that stinks of cover-up at Bluebird Merchant Ventures (BMV).
204 days ago
In the bad old days ShareSoc was run by a fellow who read about a German short seller planting a bomb and concluded that this was a sign of the desperate measures we bears might undertake to satisfy our vile greed. Bears bad – Globo good. These days Cliff Weight is in charge and he is far more enlightened and based on a 2021 portfolio he ran , we have a new prize contest ( prize 500 ml of Greek Hovel 2023 olive oil). Readers SIX OF THE BEST means a portfolio of SIX NOT FIVE, HINT IS IN TITLE!
204 days ago
Seed Capital Solutions (SCSP) was incorporated in December 2017 but only joined the Standard list – just before new tighter rules came in to play – on 12 April this year. It is a cash shell looking to make an ESG Acquisition. And today Rolf Harris has just been appointed head of the NSPCC. Sorry, I meant to say that Seed Capital has a new CEO
204 days ago
You may remember that when Powerhouse (PHE) first got into a joint venture with FTSE 350 giant Peel Holdings to build a waste to Hydrogen plant half an hour up the road from me in Deeside, it was Peel that owned the joint venture and would fund it as it. Then it was “mutually agreed” that Powerhouse would fund it via loans. Then it was “mutually agreed” that Powerhouse would look to buy a 50% stake while Peel might inject more capital via a warrant exercise. Today….
204 days ago
I flagged up HERE that shortly before disappointing news from Korea a block of 10 million shares in Bluebird Merchant Ventures (BMV) went through at below market prices. We know, thanks to a TR1, that the seller was Southern Gold and I know, thanks to a party close to the company, that its executives had been made insiders. Now the trade has been reversed. Surely that is an admission of guilt?
204 days ago
Oh dear, oh dear. Uru Metals (URU) – as Nigel has pointed out is technically bust. By now net current assets will be cMINUS $2.25 million while cash will be down to just a few hundred thousand dollars. Its supporters flag up that it owns 78% of TSX-V listed Zeb Minerals. Today URU flags up two bits of news from Zeb without going into detail. I bet you cannot guess why? First up Zeb has been caught lying or, as Uru puts it, it has “issued a clarifying press release”
204 days ago
You would have thought that if you really wanted to buy more shares in your company you would not be ramping the arse off it to try to push the share price up? That brings us to David Lenigas and news today that he has bought 400,000 shares in his Aquis listed bitcoin promote Vinanz (BTC). This stinks and is a sell signal.
204 days ago
I start with bad weather news from Wrexham, then consider international workers day and how experts change their minds. Then onto Malcolm’s three top picks outlined earlier. I dismiss two but the third really might be a winner. What am I missing regarding City of London Investment Group (CLIG)?
205 days ago
Okay I lied about doing a training walk today for Rogue Bloggers for Woodlarks. I offer two excuses and will do an extra two miles tomorrow. Please do donate HERE. Then I discuss why you should never mention anything critical of transgender folk or even, as did I, ask a question, as you will be flamed all day as I have been. Then I discuss Versarien (VRS), Supply@ME Capital (SYME) and the morons who own the shares.
205 days ago
I start with Malcom Stacey’s latest bout of insanity HERE. Then it is onto woke nonsense and boardroom quotas at Colin Bird’s African Pioneer (AFP), the great news from Fox Marble (FOX) and my thoughts, such as they are on Deutsche Bank buying Numis (NUM) for £410 million. Finally, tomorrow sees me back on a training walk for Rogue Bloggers for Woodlarks. To the 95% of you yet to donate, how about you hand over a tenner ( or more) HERE.
205 days ago
When we get there sell all your gold shares but we are nowhere near that now, says Jeff Clark, author of anew book “PayDirt”. He started outlining the book during Covid, with the goal of making it entertaining and engaging, yet simple and straightforward. Sixteen other experts from the industry also contributed to the book.
205 days ago
Metals producer from Mexico, Fresnillo (FRES) has issued a first quarter of the year production report including that it is “well on track to meet our full year production guidance”.
205 days ago
Announcing result at 2.51 PM on your self-imposed deadline day is a massive sign that something is wrong. Did I say “something?” Everything is wrong! Calendar 2022 results from the fraud Supply@ME Capital (SYME) show how management has deceived investors over tens of millions of pounds and that the company is insolvent. And that is just for starters..
205 days ago
I end with my wife volunteering me and the kids for enforced community jollity as she heads off for a night on the lash. It is a good job I am such a progressive husband. I start with a personal finance tale and mortgages then look at how the FCA could be culling a raft of Standard List dogs at a stroke within months. Then I look at Supply@ME Capital (SYME), Argo Blockchain (ARB), Pensana (PRE) and, in detail, at Bidstack (BIDS).
205 days ago
Given that shares in Versarien (VRS) have collapsed from 3p at the start of the week to just under 2p at the close yesterday, some folks are demanding that it issue a statement. Why?
205 days ago
The David Lenigas run bitcoin miner Vinanz (BTC) has announced its first deal since its IPO on the Aquis lobster pot: “ Bitcoin Mining Processing Power Increases 650% with New BTC Miner Order”. This is classic Leni-maths and the beneficiary is Big Dave’s bromance partner Richard Poulden. Let me explain.
205 days ago
The fraud Supply@ME Capital (SYME) promised on 24 March that it would get its results out in late April. In case you have missed it there is a bank holiday on Monday and thus today is the last working day of April. Yet…
205 days ago
I guess we will have to wait for the FCA enquiry as the internally driven enquiry by FRP Advisory does not address the key issues at Wandisco (WAND), until recently a $1 billion Unicorn. It appears to be a whitewash.
207 days ago
I still own some of these shares as a reminder to myself of how bloody stupid I can be. Every time I look at the share price it is an act of self-flagellation, a self-administered punishment beating at the hands of Wishbone Gold (WSBN). Whack, whack, that is for being so bloody moronic! Today we have another statement which is so much bullshit. It uses a template much favoured by the best friend of Wishbone boss Richard Poulden, Mr David Lenigas.
207 days ago
In today’s Bearcast I look at Kefi Gold & Copper (KEFI) on what is a great day for we loyal shareholders, Wildcat Petroleum (WCAT), Graft Polymer (GPL) – should that be Grift Polymer – and MGC Pharmaceuticals (MXC). Then it is onto Versarien (VRS) and the Neill Ricketts payoff and bailout placing and Pensana (PRE) which must by now be at death’s door: a £55 million market cap looks full in the circumstances and a statement is needed. Finally, that old scallywag Lenigas of Pennpetro (PPP) has doubled down after my earlier expose. He would not dare behave like this in America.
207 days ago
Yet again I find myself writing to the FCA in its capacity as the regulator (no sniggering at the back) of the Standard List about Guild Esports (GILD), the penny share hustle company that has transferred almost ten million pounds from mug investors to Mr David Beckham. I believe that it has sinned again. Last time I complained, the FCA forced Guild to restate its issued annual results. So here we go once more.
207 days ago
Advisers to both companies must be tearing their hairs out IF they are aware of the antics of penny share hustler David Lenigas in a private Telegram chat group on UK Oil & Gas (UKOG). Well, as of the publication of this article, they cannot claim NOT to be aware. Big Dave created the cash guzzling monster that is UK Oil and has now seized control of Standard Listed Pennpetro (PPP), immediately signing farm in deals with his old gopher Lyin’ Steve Sanderson of UK Oil & Gas regarding Horse Hill. How cosy.
207 days ago
In a long podcast today I consider: Alien Metals (UFO), Supply@ME Capital (FRAUD), ScotGold (SGZ), Itsarm (ITS), Versarien (VRS), Microsaic (MSYS), Cellular Goods (CBX), Persimmon (PSN) as a buy and the pathetic bogus Sheriff of AIM, Mr Marcus Stuttard.
209 days ago
I am pretty sure that I will not be watching the coronation. That is partly because I am a lifelong Republican but largely because I am in charge of my two year old daughter Jaya this weekend and she would describe it as a “boring daddy programme” and demand loudly and repeatedly that we switch over to Peppa Pig. So as my neighbours are glued to the goggle box, Jaya and I shall be planting rhubarb, broad beans and carrots in the garden which she greatly enjoys.
213 days ago
Your starter for 10: How long, before today, is it since KPMG was last reprimanded and fined by the FRC? Monk (Oriel College Oxford): Eight days! Correct! You now have three questions for five points each on lies told by Caracal Gold (GCAT). Today’s fine for KPMG is, of course totally meaningless but relates to the audit of The Works.co.uk (WRKS) for the year end 26 April 2020. KPMG really fucked up here and to reduce the fine admitted so very quickly.
213 days ago
After the resignation of PR adviser St Brides which refused to put its name to any more disingenuous RNS releases, it must by Andrew Monk’s VSA Capital (VSA) that takes the blame for crafting the quite delusional statements issued by Caracal Gold (GCAT). Monk may have been educated at Oriel College Oxford, as he reminds us on an almost daily basis, but where did he learn to talk such cock?
213 days ago
It is listed on the AIM sewer so Scotgold (SGZ) cannot have told porkies in its Q4 trading update published on January 19 2023. However…..
213 days ago
As you can see in the court docket below, Leslie Greyling was yesterday yet again found guilty of massive penny share fraud in the US. But Leslie lives in Britain and, thanks to a bonkers decision by the then Foreign Secretary Jack Straw in 2000, is free to carry on fraud with impunity.
213 days ago
I start with a personal financial question: my SIPP – for reasons I shall explain – has a wodge of cash. Should I stay in cash, invest in a safe 4%+ yielding FTSE 100 stock or add to holdings in Skinbiotherapeutics (SBTX) or Jubilee Metals (JLP). Then to economics. the chart below is pinched from Guido and I discuss what it means for UK PLC. Then I look at the 2 matters the FCA should be investigating at Guild ESports (GILD), at Tern (TERN) and at strange matters at BlueJay Mining (JAY), a perma-dog, IMHO, which is always a short.
213 days ago
It seems like just yesterday when that penny share grifter David Lenigas was berating me on twitter for my lack of faith in UK Oil & Gas (UKOG). Oh yes, it was yesterday! Today we have bad news. For UK Oil & Gas, Turkey is bringing no delight.
213 days ago
Not for the first time I sit pondering whether cash strapped Guild Esports (GILD) – which has proved such a money spinner for David Beckham and such a disaster for mug punters – is playing fast and loose with stockmarket rules that you have to announce price sensitive information as soon as possible. Let me explain.
214 days ago
https://www.zerohedge.com/political/saturday-satire-diversity-officer-employment-aptitude-test
217 days ago
You may remember that last August the Mainstream Media flocked to Lake Vyrnwy, here in North Wales, to show an old village (Llanwyddyn) appearing as the waters fell and, as one, warned that this was a portent of things to come thanks to man made global warming. With data and a site visit I have shown several times on this site what total tosh that was! Now we have the latest data from United Utilities and, well, guess what?
218 days ago
If you believe in the bogus religion of global warming there are a few chants you must break into if you meet someone like me, a sceptic or, put another way, someone who looks at actual data. You must chant that “the Maldives is drowning” (of course they are is not), that water shortages in South Africa are caused by global warming (they aren’t), that Pakistan is seeing more flooding ( it is not) and, say it loudly, that the Great Barrier Reef and other corals are being destroyed by warmer seas caused by man made global warming. Among those shouting about corals the loudest is Prince William.
218 days ago
https://dailysceptic.org/2023/04/25/just-3-of-australians-are-aware-that-the-great-barrier-reef-is-at-a-record-high-survey-finds/
218 days ago
Jubilee Metals (JLP) has issued a third quarter of its year update, including stating that it “remains on track” and emphasising various routes to growth potential.
218 days ago
It is only seven days since the last time that $400,000 of death spiral bonds were converted into shares after a good bout of forward selling. But Arthur Millholland of Canadian Overseas Petroleum (COPL) is king of the shareholder dilute so here we go again. At this rate we might get a similar announcement once a week for 83 weeks before we are done. What do you reckon the share price will be by then?
219 days ago
The nuclear winter in small, cash guzzling, low grade, tech stocks continues and an admission today from Tern (TERN) shows just why its NAV is going to be crushed.
219 days ago
The Dark Destroyer has built up a sizeable short in ASOS (ASC) the Sunday Times blasted yesterday. Perhaps he’s been reading ShareProphets as we’ve been bearish for a long while. I discussed this in bearcast yesterday. But would you like to meet Matt in person as he is a lead speaker at ShareStock on September 23. There is more.
219 days ago
I start with an event, Offshore Alert, which is so whacky in terms of its first two sessions, this is 2023. I then look at Pineapple Power (PNPL), Asimilar (ASLR), Ben’s Creek (BEN), Kefi Gold & Copper (KEFI), Wildcat Petroleum (WCAT) and Jubilee Metals (JLP).
219 days ago
I flagged up the complete and utter joke that was Pineapple Power (PNPL) when it listed as a (sub) Standard List cash shell back in December 2020 and the sordid pond life penny share grifters involved. Its first proposed RTO went tits up. Now it is back with another – Element 2 – which it claims is worth £120 million. This deal drips with more red flags than on a May Day Parade in Moscow. It stinks.
219 days ago
Genflow (GENF) the company created by pump and dump penny share fraudster Ron Bauer and his known associate Adrian Beeston announced at 7 AM that it had released its annual results. Natch, the RNS contained no results at all but referred you instead to the website. And at 8 AM when I rang the company’s brokers, Clear Capital, the results were not up on the website either. They are now. So what is Genflow trying to hide?
220 days ago
“Oh dear, oh dear,” as my old friend Old Mother Mike Walters would have said as he apologised for yet another duff loss making, cash guzzling share tip ‘fessing up to bad news. I am surprised Mike has not tipped Aquis listed Valereum Blockchain (VLRM) it is right up his street. Shares in this company were peak ramp 64p, thanks to the efforts of Zak Mir and David Lenigas. They are now 5.5p as yet more confetti is issued. And the worst is yet to come….
220 days ago
Oh dear, oh dear. At least Asimilar (ASLR), of which I have often warned, is back from suspension having belatedly published its annual results. But the numbers are, though disastrous, still not credible, there is almost no cash and the company says it wants to quit the AIM sewer. It will be no loss to the sewer.
220 days ago
Gold producer in Egypt Centamin (CEY) has announced “a good start” to 2023 and that it “look forwards to reporting later in the year on several additional projects which will deliver growth and underpin returns”. Good news from a current 105.3p share price?
220 days ago
I start with Matt and the other speakers at ShareStock. It is exactly five months away and – as of today – 60% of the seats are bagged so book yours now HERE. Then it is onto house prices and the affordability issue and why the entire media and political class just don’t get it: Government is the problem not the solution. Finally is Matt right about Asos (ASC). I fear it is a high risk trade at this juncture.
220 days ago
Asset manager Michael Pento compares the huge increase in debt leading up to the 2008 financial crisis and the current debt bubble. It is not something for the squeamish.
220 days ago
Yesterday I pointed out the rapacious greed of David Lenigas and Richard Poulden in allotting themselves shares in Vinanz (BTC) at 0.25p two weeks before mug punters, roped in by salesmen charging 8% commission, paid 3p ahead of the Aquis IPO. Unable to deal with the awkward facts, Lenigas took to twitter yesterday to tell lies, with Poulden loyally retweeting every smear his master posted.
220 days ago
Imperial Brands (IMB) has issued a trading update emphasising that it is on track to meet full-year guidance including growing revenue and operating profit after first half robust tobacco pricing and stable aggregate market share across its top combustible markets against a strong comparator and a step-up in ‘next generation products’ launches.
220 days ago
I start with the dog shit tales. I end with reflections on this website turning 10, Pirate Pete Landau’s legal threats after 1 week and where he is now and more. In between I look at Ben’s Creek (BEN), the job of a CEO as a promoter, Zephyr Energy (ZPHR), UK Oil & Gas (UKOG) and the fraud Supply@ME Capital (SYME).
220 days ago
Scotgold Resources (SGZ) the miner of jam tomorrow, oops I meant pitiful amounts of gold, has said that its move to long hole stoping may well produce more jam tomorrow but, pro tem, it is passing the hat around yet again at just 15p. For those falling for the spoofing c/o BBC Scotland and buying the shares at 44.5p just two months ago, this will be a painful lesson in getting bummed by fake news from Pravda
220 days ago
Newsletter publisher and investor Adam Hamilton claims there is a seasonality in gold but there is also an overwhelming bull case which merits buying now.
220 days ago
Here in Britain, we are constantly fed the narrative that Ukraine is on the verge of winning, spring offensive, just another billion bucks in aid and some Chieftain tanks yadda, yadda yadda. From what I can see the jury is out on that narrative and the media, in war – even when it is not your war – is always wrong. So, try out this twitter search and see what you think.
221 days ago
Where there is a bandwagon to jump on, Big Dave Lenigas will jump on it. The stench is everywhere at the Aquis lobster pot as Lenigas has made a, very unwelcome, return to the UK IPO scene. As ever the stench is of greed. Vinanz (BTC) is ostensibly a sub scale bitcoin miner.
221 days ago
Drive Software was once described by Julie “Lingerie on Expenses” Meyer MBE as “Tesla meets Fitbit.” In fact, it Turned out to be The Space X Starship meets Enron and, after numerous exposes on this website, it finally went bust with a liquidator appointed on 27 January 2023 with Companies House noting this on 16 February 2023.
221 days ago
The FCA yesterday announced that subject to investors in Neil Woodford’s Equity Income Fund agreeing and to ACD Link making planned disposals then in due course punters would be receiving £235 million in compensation. That will claw back some of the losses folks suffered and I am sure that investors will welcome the news and support the package. But, the real villains are still sitting on £100 million of ill gotten gains.
221 days ago
I start with that morning with the Fuzz regarding Operation Cassady which was fascinating. Then it is onto Wandisco (WAND), bitcoin, Argo Blockchain (ARB), Online Blockchain (OBC), Deliveroo (ROO) and Manolete Partners (MANO).
221 days ago
Trader and commentator Greg Weldon is an unashamed gold bull..
222 days ago
Wandisco (WAND) already has an internally driven enquiry underway into the industrial scale fraud, c/o FRP Advisory. But marking your own homework is not good enough in a case like this and now the FCA had stepped in. For ex CEO Dave Richards and ex CFO Erik Miller, who were resigned on April 3 this is not good news.
222 days ago
Previously writing on 155p offer price July last year tip Wood Group (WG.), earlier this month with the shares at 200p we noted that, although the share price suggested that the market did not believe takeover proposals would succeed, it looked to us like the major shareholders were open to a deal and that anyway there looked medium term upside so continue to hold. Now there’s been a further announcement on the possible takeover from the group – and the shares are up to above 226p.
223 days ago
In today’s podcast I look at Deepverge (DVRG), another triumph, Amigo (AMGO), Cineworld (CINE), the spoof at Genflow Biosciences (GENF), Wildcat Petroleum (WCAT) and Tern (TERN) where a statement is needed.
223 days ago
I explicitly warned folks about Procook (PROC) ahead of its 145p per share IPO in November 2021. I have warned again repeatedly. CEO Daniel O’Neill and other directors have spoofed folks with share purchases all the way down. And here we are, after another piss poor update, and the shares are just 27p. Well done to those fund managers who gobbled up almost £40 million of shares dumped by the founders at IPO.
223 days ago
The first guests are completing their stay at the Hovel today and are gushing with enthusiasm. Then after a week’s break the next ones are due and from then it is pretty fully booked up until late September. The pool will be warm by May and will stay warm until late October so the smart holidaymaker still has six weeks of off peak bookings available and here are direct flights to Kalamata throughout that period.
224 days ago
I start by referring you to the smelliest nest of vipers bearcast of September 2020. Three of the four interconnected players (Dev Clever, Asimilar, All Active Asset Management) have in various ways collapsed. The fourth is Audioboom (BOOM). My esteemed colleague Gary Newman and other supporters of this company claim that it is a “growth story” and should be valued accordingly. Today’s dismal Q1 update suggests otherwise. Big time.
224 days ago
Deepverge (DVRG) published a trading update on 17 April in which it admitted that more than half of the calendar 2022 sales boasted of in its previous update were, in fact, fiction. That might be praised as an honest ‘fess up. But following an update from Microsaic (MSYS) on 18 April, it is clear that Deepverge deceived investors. I have written to the Oxymorons.
224 days ago
If any investor in both Eden Pharma and also one or both of One True View or Appbox Media is listening please get in touch. Then I move onto the appalling new scandal at Deepverge (DVRG) and also at Microsaic (MSYS), then the insider dealing at Bluebird Merchant Ventures (BMV). Then Amala Foods (DISH) and the chancers at Caracal Gold (GCAT), Andrew Monk’s pals. Finally Tern (TERN) is starting to unravel ahead of a bailout placing which is needed ASAP.
224 days ago
Your starter for 10: When was audit firm KPMG last fined and reprimanded by the accountancy watchdog, the Financial Reporting Council (FRC)? The answer is: Five days ago. The previous slap on the wrists was last July. And today we learn that another enquiry is under way, into the 2021 audit of Carr’s Group (CARR). As far as I can see KPMG has a season ticket at the FRC but does anyone care?
224 days ago
Over the the past decade Nigel Somerville and I have warned folks about this dog with fleas, almost as many times as I have had inappropriate thoughts about Cheryl Cole. With the shares in the minus 99% club, I guess we are already vindicated but today comes yet more bad news for Advanced Oncotherapy (AVO). As Old Mother Mike Walters, who is the sort of man who would have tipped this cash guzzling POS which has deceived its investors on a serial basis, would have said as he apologised for another duff share tip: “Oh dear, Oh dear” We start with the dreaded words “strategic review.”
224 days ago
Yesterday it became apparent that Gerry Brandon had committed fraud by reporting bogus numbers for Deepverge (DVRG) before its last bailout placing. Brandon still runs Microsaic (MSYS) and you would have thought that advisers Singers and Turner Pope would have said that he had to go. How can they act for a proven fraudster? Quelle surprise, a retainer is worth more to these scholars and gentlemen than doing the right thing. But today, comes a shocking statement from Microsaic.
225 days ago
Another day and another 50,998,285 shares in Arthur Millholland’s doomed Canadian Overseas Petroleum (COPL) have been issued to soon join the rest of the worthless confetti trading on the sub Standard List. Now for a maths lessons for the morons.
225 days ago
The grass on the elevated lawn above the river is looking green but too long. So today I start work on getting it under control for the shares event with a difference. It is still more than five months days to ShareStock 2023 but already more than half the seats for September 23rd are booked out. If you attended the first ever Sharestock event up at the Welsh farm where my family live you may know why this will be sold out well before the event. If not, let me explain why this years show will be even bigger and better than that in 2022 and so why you should book your seat early. As was the case last year the whole day will be irreverent, relaxed and fun! In fact with my new guest speakers it will be even more irreverent and controversial. That I can promise.
225 days ago
I start with a lesson on the scale and nature of a civil war for parody poster Magna Carta, ref Kefi Gold & Copper (KEFI). Then a chat with Lucian on whether to short gold and the second banking crisis he predicts. Thirdly I discuss a big share trade in Bluebird Merchant Ventures (BMV) last week. I have spoken to the company and would bet the ranch, for reasons I explain, that it WAS insider dealing. I do know who the seller was. Finally, Microsaic (MSYS): will Turner Pope and Singer be found morally wanting? So far it is a YES!
225 days ago
“Oh dear, oh dear” the catchphrase of Old Mother Michael Walters as he apologised for a warning from yet another of his duff share tips. And a cash burning POS like Omega Diagnostics (ODX) is just the sort of POS company that he would have tipped. Today it warned just how bad its results for the year end March 31st would be. Luckily it talks of lots of jam arriving soon. Plus ca change.
225 days ago
In today’s Bearcast, I discuss Deepverge (DVRG), Microsaic (MSYS), SUPP (WPCT as was), Wood Group (WG.), Wildcat Petroleum (WCAT), Kefi Gold & Copper (KEFI) and Bluebird Merchant Ventures (BMV).
225 days ago
The table below has the answer. We all know, becuase the media Groupthink and the politicians all tell us, that Russia is pure evil and the Ukrainians are white than the drven snow that President Zelensky is alleged to have rammed up his nose. So…
226 days ago
Surely now there must be a full regulatory investigation into Gerry “the arse” Brandon, former boss of Deepverge (DVRG) and still the BSD at AIM sewer posterboy Microsaic (MSYS). Deepverge has admitted that the revenue guidance given on 9 January was pure fiction. The clear implication is that interim numbers were also fiction and given that Gerry raised £10 million in a placing on the back of those bogus interims surely he should be going to jail. Here is the timeline of what looks to be clear fraud and a tweet from Brandon which is a real source of pride. For me.
226 days ago
A shareholder in Kape Technologies (KAPE), currently the subject of a takeover, reckons that current rules can see small shareholders screwed in such situations and should be changed. He has written to me. I agree and so here is what he says. I shall be passing this article to TPTB asking that it be considered.
226 days ago
As you know I read the Mail on Sunday so that you don’t have to. Today it has an interesting, if predictably inaccurate and vile, article on buy to let and problems it faces. This I discuss.
226 days ago
Amaroq Minerals (AMRQ) has announced that all resolutions have been met meaning its Strategic Minerals joint venture transaction with GCAM has now closed, with approval from the Greenland government. An “exciting milestone”?
226 days ago
Happy Good Friday from Greece. I describe my amazing triumph and then go on to discuss Carnival (CCL), Superdry (SDY), Minoan (MIN), Mirriad (MIRI), Ince Group (INCE), how companies that admit they are failing end up in a vicious circle and more. There may not be a Bearcast Saturday, it all depends on what time I make it back to Wales.
227 days ago
I am NOT a Putin apologist, or a Serb apologist or a denier of Russian war crimes. But in light of what is finally happening with regards to KLA actions in Kosovo 20 years ago and how the media covered that horrible war, might you not think twice about how what is happening in Ukraine is presented?
227 days ago
Another day and its another red flag from loss making and debt laden Ben’s Creek (BEN). The vicar has now got an enormous collection of Ben’s red flags but would he like another? In response to the shares spiking to 19.5p yesterday Ben’s has put out a statement saying that there was no reason for the share price rise except….
227 days ago
Author Adrian Day starts by discussing the lag in economic consequences as a result of rate hikes and changes in monetary policy. Adrian notes that the impacts vary depending on market sector, and that the overall economic effect has yet to be felt.
227 days ago
On 20th January 2023 serial dog Mirriad (MIRI) put itself up for sale. Guess what? Absolutely nobody is interested. Well knock me down with a feather. Anyone wanting to buy the technology that has spunked so much cash over the years only need wait for administration.
227 days ago
Gold has surged to more than $2000 oz yet shares in Red Rock Resources (RRR) languish at 0.18p. I am down by almost 70% over three years, those who bought the shares the last time gold was at this level are more than 99% down. So gold “unch” over 14 years, Red Rock shares almost 100% down. The reason is, simple:
227 days ago
I start with a few words about how we are trapped up at the Greek Hovel. Then it is onto World Chess (CHSS). Finally the curse of Sir Tony Baldry, the slug like ex Tory MP, is – I sense- about to fall yet again on Westminster Group (WSG).
227 days ago
In years gone by, almost my first phone call when arriving at the Greek Hovel in spring was to my late uncle, Christopher Booker, to discuss the state of global warming in the area. This year my uncle and godfather would have been especially delighted as you can see below.
227 days ago
With it having admitted before Easter that it will go bust in June, shares in nanosynth (NNN) have collapsed to a current 0.061p. The good news is that it can be rescued. The bad news is that it might be rescued at 0.01p. Here is how this should work.
227 days ago
Today’s sanction sees KPMG fined £1.25 million, discounted to £875,000 for pleading guilty to its crimes, and getting another severe reprimand/ pointless slap on the wrists. The fine is peanuts and since all the big 4 get regular reprimands nobody cares any more. This time KPMG sinned by screwing up on the calendar 2016 accounts of Luceco.
227 days ago
Of course as a bullion dealer, James Anderson of SD Bullion to the show is talking his own book. But maybe he is right? James discusses the recent surge in gold demand due to problems in the banking system, with some depositors buying up gold out of concern. He says his firm has seen record volume which has prompted it to place temporary minimum order limits, as it is difficult to increase staffing levels to meet this sudden demand.
227 days ago
It is hard to know where to start with today’s utterly lie packed email rom the grifters at Avaaz – highly paid individuals who want to soak the rich, that is not them but entrepreneurs like Elon Musk. Now Musk is right now, a bit of a hero, for his utter destruction of a BBC reporter as you can see in the video below.
227 days ago
It has not been a good week for all things Ince. First up, Mr Paul Ince, once the Guv’nor, was fired as manager of Reading. Like all West Ham supporters, a P45 for Judas, is, for me, a good start to the week. Better still, yesterday afternoon, Ince Group (INCE) announced it was going into administration.
227 days ago
In today’s Bearcast I discuss olive harvesting, Vast Resources (VAST), the shocking record of Colin Bird at Bezant (BZT), nanosynth (NNN) and finally Carnival Corporation (CCL) whose CEO and chief climate officer really is a clown.
228 days ago
This is the view down the track leading from the Greek Hovel to, er… more tracks, heading through the olive groves towards snake hill and the descent to the dry river. taken just as the light was fading the bare rock of the higher taygetos mountains above the tree line really do look pink.
228 days ago
I have not been to London for almost four years and rather cherish my status as a badly shaven recluse in the boonies so will not be heading to Islington this Saturday as my old pal Jim Mellon holds his annual Master Investor show. As it happens, I am travelling and will have two noisy kids with me and so attendance is impossible. But the ever-entertaining Jim will be speaking as will Evil Knievil so if you are in the hell hole that is London there are far worse things to do this weekend. You can still grab a free ticket HERE. And if you do go, can you do me an enormous favour?
228 days ago
In today’s Bearcast I make you a great offer on olive harvesting then discuss Cineworld (CINE), MGC Pharmaceuticals (MXC), Versarien (VRS) and Zephyr Energy (ZPHR), please don’t take offence Cliff as ShareSoc is so much better under your watch than in the bad old days of you know whom! Finally I discuss my knee, my next training walk to the newly famous Marford and back, and ask you to consider donating to Rogue Bloggers for Woodlarks HERE
228 days ago
Agriculture and engineering group Carr’s (CARR) has announced delayed results for its year ended 3rd September 2022, emphasising it is “now focused on higher-margin, differentiated, international Speciality Agriculture and Engineering businesses with strong growth prospects” and its shares have been restored to trading.
228 days ago
We all know that Versarien (VRS) will be running on vapours by June so its only hope is a bailout placing. Soundings must already be underway. As I prepare to bring 5 litres of Greek Hovel olive oil back to Wales you can win 500 ml by winning this contest
228 days ago
The word on the Street is that the scholars and gentlemen at broker Turner Pope actually did act like scholars (researching my numerous exposes on this website) and gentlemen and so refused to raise any more cash for worthless POS MGC Pharmaceuticals (MXC). But some folks would raise cash for the Wiping Saddam Hussein’s arse company. Step forward Peterhouse Capital.
228 days ago
Based in the truly delightful North Yorkshire town of Masham, which I visited a couple of months ago, the Black Sheep Brewery PLC, is an unlisted PLC and today it has served up the phrase all shareholders dread to hear: “strategic review”. Whatever you say CEO and Chair Charlene Lyons.
Founded by the Theakston family who still dominate the board, this brewer of real ales says that “The Board is currently considering all options, one such option being a merger or an acquisition of the Company, in whole or in part, if such a solution offers the best outcome for shareholders and other stakeholders whilst providing a stable base for the future of the business.”
228 days ago
There is another update on Cineworld’s (CINE) debt for equity swap and its hopes of emerging from Chapter 11. I wonder what sort of moron is buying the shares today, for some morons are buying.
228 days ago
I warned folks repeatedly that this would end in tears indeed in one bearcast on 1 September 2020 noting that this was a major part of “the smelliest nest of vipers on the London market”. I did not hedge my bets. All Active (AAA) raised £150 million and then delisted in the summer of 2021. Today it admits that the cash has all gone and that – as an unlisted entity – it needs an open offer to shareholders to survive. The guilty men who I shall name do not even apologise.
230 days ago
Shareprophets repeatedly warned that Iconic (ICON) was a dog that should be avoided prior to it achieving its relisting. As ever the Bulletin Board Morons knew better and there was an Artificial Intelligence RTO due imminently which would see them make money.
230 days ago
J Sainsbury (SBRY) recently concluded its financial year. However, there look to be good reasons to look forward to the 27th April-scheduled numbers and beyond with confidence with the resilient nature of its core business in a currently highly uncertain macro environment.
230 days ago
On 29 March Tintra Acquisitions ( now renamed Indomanager), the former intermediate holding company through which Richard Shearer formerly held his stake in for Tintra Plc (TNT) filed amended full accounts for the period from incorporation to 31 March 2022.Unfortunately….
230 days ago
I wish you all Happy Easter as Love Hemp (LIFE), not Jesus, rises from the dead. I then offer a few bearish thoughts.
231 days ago
Whether you believe or not I wish you a Happy Easter tomorrow. It is because of the death and resurrection of Jesus we all get a four day break. FACT. So Happy Easter. Then I explain why I would not touch Parkmead (PMG) with a bargebole – I speak as as a vindicated critic – then discuss gold and gold juniors and why, on this matter, I question the faith of Nigel Somerville.
231 days ago
Normally little Jaya is rather frightened of dogs but the stray now spending most of her time up at the Greek Hovel has won over even my young daughter and her, normally hard hearted, mother as you can see below. “Drat”, I said as we returned home today after lunch, “I forgot to buy more dog food.” “Fear not” said the Mrs, “give her more ham.” I have.
231 days ago
I start with the madness of using Dylan – who is the sort of “woman” you might think twice about dating – to promote sports bras or beer. I enter the quagmire of the Corporate Equality Index. Then it is on to the CBI, not asking if it is now fit for purpose but whether it ever was. Finally an ouzo moment as nanosynth (NNN) shares slump HERE but this episode begs massive questions for its advisers and AIM Regulation about how dumb morons were duped.
231 days ago
Back in August of last year nanosynth (NNN) announced, in a grossly misleading way, that it had signed a death spiral with Lanstead “to raise £2,942,500”. I warned at the time that this was fantasy, that nothing like £3 million would be raised and that those responsible ( PR firm IFC Advisory) should be hung, drawn and quartered while AIM Regulation should force a restatement. Nothing happened. IFC told me I was talking tummy rot, the Oxymorons did nothing. And on Thursday afternoon, nanosynth admitted that it faced a financial crisis and its shares collapsed.
231 days ago
At 3.56 PM on the last trading day before the Easter Break, 34 minutes before no-one is watching O’Clock, Mosman Oil & Gas (MSMN) announced yet another bailout placing as I had predicted HERE just a few days ago. But the statement is all smoke, mirrors and porky pies.
231 days ago
Writers Lee Adler and Bob Coleman warn that the banking crisis is not yet over.
231 days ago
I hope that heroic T will be back for his third harvest with me this December but I am still looking for up to 4 other volunteers to join us. Free accommodation at the hovel is provided for any volunteer prepared to harvest for about a week. We dine in Kambos and it is fun. Honest.
231 days ago
Writing on Wood Group (WG.) last month we noted a Takeover Panel extension until 5pm on 19th April including the group stating “following engagement with shareholders” suggested to us that the major shareholders are open to a deal. Now a ‘Final Proposal’ announcement from private equity bidder Apollo and a response from Wood Group.
231 days ago
I start with the horse manure and then I move onto Andrew Bell and Red Rock Resources (RRR), Kefi Gold & Copper (KEFI), the fraud Supply@ME Capital (SYME) and then Gear4Music (G4M).
231 days ago
Asset manager Bob Thompson is bullish on all things mining but especially gold.
231 days ago
On 29th April 2014 Rosslyn Data (RDT) raised £10 million at 33p as it joined the AIM sewer. As I demonstrated on this website, the prospectus prepared by Cenkos Securities (CNKS) was grossly misleading and it has been downhill ever since. Cenkos is still there as Nomad and broker after numerous (lack of) profits warnings, a CEO who forgot about his involvement in the porn industry, numerous bailout placings and other fun and games. I wonder how much coke & hookers money Cenkos has made over the years. The shares are now 0.725p after another awful trading statement today.
231 days ago
The next guests at the hovel, c/o Airbnb, insisted that the pool be opened up for them from Saturday. And so it is. I have warned them it will not be warm. In fact it is very cold indeed but they insist that they are hardy souls.
231 days ago
My late father, whose birthday it would have been today, would have enjoyed this tale of life in Greece and also the idea of his grandson torturing his father by demanding a swim in a pool which would make Penguins freeze to death. After that I cover Tingo Group Inc (US:TIO) – which is shortable and should be shorted not least because of the social media posting below from Lyin’ Chris Cleverly – Genflow Biosciences (GENF) and Scotgold (SGZ)
231 days ago
No this is not a five-day late April Fool. David Lenigas really is on the cusp of listing a new bitcoin mining company on the Aquis Lobster Pot, Vinanz. Aquis today announced that First Sentinel is the advisor without any moral qualms and it has applied for a listing. But there is already one red flag flying here and it concerns Richard Poulden’s Aquis listed joke company Valereum Blockchain (VLRM) which we have exposed on this website numerous times.
231 days ago
I start with travelling to Greece news. Boy I am tired. Then the latest knob sending me a lawyers letter. Then Okyo Pharma (OKYO) and Argo Blockchain (ARB).
231 days ago
As Joshua and I bought snake repellent canisters on our first day here, we were assured that the snakes were still asleep. So far, we have seen a few lizards and a pine martin but that is more or less it in terms of wildlife diversity. Apart from what you see below.
232 days ago
Of course the legendary investor Rick Rule is talking his own book but with gold at $2,000 maybe he is right at last?
232 days ago
On Sunday in bearcast I started the case against Dozy Mmobuosi, the man behind Tingo, being allowed by the English Football League to but championship high flyers Sheffield United. Dozy says that all of his wealth is in Tingo Group listed in the USA. I now take it further with some monstrous accounting red flags which even the EFL must pay attention to.
232 days ago
Grocery property REIT, Supermarket Income (SUPR) has announced results for its half-year ended 31st December 2022 and that it is on track to deliver a full-year 2023 target dividend of 6p per share. That sounds good with a current 85.6p share price.
232 days ago
Wood Group (WG.) has announced results for the 2022 calendar year and that the “transformed” group is already delivering – noting it has “started 2023 with good momentum… order book for delivery in 2023 is up 10%”.
234 days ago
Olive harvester T has expressed great concern about the Kambos taverna which was once Miranda’s after its owner but was then run by not so lovely Eleni and finally by the very lovely Barbara and her two young sons until they threw in the towel last month. As of Saturday, it is now open again and under new management. I have good news and bad.
234 days ago
I start with a warning that travel may interrupt play tomorrow as I am off to Greece overnight. Then I look at the tossers at Reabold Resources (RBD), Supply@ME Capital (FRAUD), Cineworld (CINE), Versarien (VRS), VSA Capital (VSA) – where is the frigging lack of profits warning? And then one of the many disasters spawned by Andrew Monk’s VSA, that is to say Tungsten West (TUN).
234 days ago
At 4.46 PM on Monday 14 March I ran an article stating that Reabold Resources (RBD) had received a takeover approach. The next morning Reabold sort of ‘fessed.
234 days ago
Pump. Dump. Pump Dump. And so it goes again and again. Today’s its another dump as Chill Brands (CHLL) has raised £2.6 million just one trading day after a vape-tastic,ramp-tastic RNS with no numbers natch. But before then rewind to the last pump and dump smash and grab on 16 March.
234 days ago
Arthur Millholland and his colleagues at Canadian Overseas Petroleum (COPL) treat the morons who own shares in the company with undisguised contempt, hiding from them some very bad news indeed. The old shyster, Charles Goodwin at Yellow Jersey PR and in house PR Cathy Hume should be ashamed of today’s effort it is a disgrace. Even by their own lowly standards. The headline is “COPL 2022 Financials Results and Operations Update.”
234 days ago
This website has been warning folks that shares in Cineworld (CINE) were worthless for far longer than I can remember. But today, for the second time, Cineworld itself has explicitly stated the same. The shares are down by 24% on the news at 2.2p but that still values the company at £31 million. Out there in Moron land, some folks really still are buying the shares. Maybe they are chartists or followers of Doc Holliday. I don’t know. Words fail me. Anyhow CEO Mooky Greidinger seems happy. Screw the plebs.
234 days ago
In the beginning Peel Holdings was to own and fund the Protos Facility just up the road from me at Deeside but would license in the (wholly unproven) technology from the shysters at Powerhouse Energy (PHE). Then it was decided that Powerhouse would have to put up the cash. On September 5th last year it was announced that Powerhouse w as in talks to take ownership of 50% of the jv. Today…
234 days ago
Having boasted how putting his staff on a 4 day week had seen sales rocket, pompous Dave Richards MBE was forced to admit on March 9 that all of that sales growth at Wandisco (WAND) was bogus. Today the company confirm the scale of the fraud and Richard and CFO Erik Miller have walked the plank. Quote right: they were not involved in the fraud but the lack of oversight defies belief. Miller and Richards have gone because events suggest they are utterly incompetent.
234 days ago
I discuss that lawyer’s letter c/o the fools at Reabold (RBD) and will respond tomorrow. Thanks to a big donation I shall post pictures of Andrew Bell’s imaginary g/f who we hope will join us on Rogue Bloggers for Woodlarks. To see more please donate HERE. Then to the takeover of Sheffield United by a man in bed with proven scoundrels and whose US listed company’s finances stink. I called this out at ShareStock last year and they stink even more today. If the soccer authorities allow this deal to go through they are bonkers.
234 days ago
What you see below is not an April Fool from the Irish Times it is real. How would my ancestors from Donegal feel about the secular, Godless elites now dominating the media and Government of Ireland? I think that I know the answer to that!
234 days ago
Did you spot my April Fool story today? I start with that and end with Andrew Bell’s imaginary g/f. If Donations to Rogue Bloggers for Woodlarks (currently £2605 + an unbooked £500 pledge) go above £3,000 by Sunday, I will publish photos of her supplied by Bell and she is a looker, if perhaps imaginary). Donate HERE. In the main bearcast I discuss at length UK Oil & Gas (UKOG), the stench of David Lenigas related party deals and the lies of Lyin’ Steve Sanderson plus, in detail, the bailout of Genedrive (GDR) at 6.32 PM last night
234 days ago
Over the past couple of weeks there has been a debate about the financial health of UK Oil & Gas (UKOG) between a fat Aussie penny share grifter and a man who did actually train as an oil equities analyst with the City’s top rated team across all sectors. At 4.45 PM on Friday after everyone had buggered off to the boozer, UK finally snuck out its annual results for the year to 30 September. Guess what it was hiding?
234 days ago
Industrial components manufacturer and distributor Essentra (ESNT) has announced its results for the 2022 calendar year and that it considers it has now laid the foundations to capture exciting growth opportunities.
234 days ago
The tweet below is the latest pathetic attempt to ramp shares in Versarien (VRS) so that it can get away one last placing before June and avoid insolvency. In pushing the fantasy that the company will soon be awash with grant money David Burton of Total Market Solutions fails to mention a number of critical points.
234 days ago
Iconic (ICON) published its interim accounts for the six months ended 31 December 2022 at 1.59 PM on Friday allaying some of its shareholders concerns that it might miss the 31 March 2023 publication deadline and have its shares suspended again.
234 days ago
Listen to what these “activists” say in the video below as they desecrate and hide Israeli dates in Tesco. Words like genocide are the sort of words which mark the “activists” out as full blown jew haters. I really don’t like dates much but I shall be heading to Tesco to buy some fine Israeli dates as soon as I can and I suggest that you do to.
234 days ago
With time on his hands, many have wondered what Neill Ricketts, the founder and former CEO of Versarien (VRS) will do next. I can exclusively reveal that at a meeting of Tewkesbury & Gloucester Conservatives this morning, Mr Ricketts has been selected as the Parliamentary candidate in what is one of the Party’s safest seats.
234 days ago
I start with a slam dunk political bet in the wake of Donald Trump’s looming arrest – a clean sweep for the Republicans in 2024, as I explained a couple of weeks ago HERE. Then onto why house prices falling at the fastest rate for 14 years ( a misleading headline) are to be welcomed but not if you are long Purplebricks (PURP) or the housebuilders. Not that I’d necessarily go short either. Today’s ouzo is sponsored by Asimilar (ASLR). I also cover Genedrive (GDR) and the placing it will not ‘fess to although it is clearly underway. Then I look at Pensana (PRE) where yakking on about climate change and hiring stacks of lesbians from Islington seems not to have prevented a bit of a looming cash crisis. How, I wonder, do folks in London N1 describe a fat lady in a woke way? Hey Magna Carta, guess what I forgot to mention today? HERE is a clue
234 days ago
On 30 March 2023 Tintra (TNT) announced that Dr Joe Lyske, the Company’s Chief Science Officer, had purchased a further 47,207 ordinary shares of 1 pence each and now holds 108,002 Ordinary Shares (equivalent to 0.67% of the issued ordinary share capital). The aggregated information reveals that the average price was 106.7 pence per share making around a £47,000 investment.
234 days ago
There are some folks out there who think that Ben’s Creek (BEN) was established to mine coal in America, albeit from an asset which was last economic back in the 1940s and had sent its two previous owners bust. If you are one such believer I have a bridge to sell you.
234 days ago
With a hat tip to reader T I want you to consider the following sequence relating to Genedrive (GDR) and its very clear implication.
235 days ago
You may have worried, after my earlier piece, on a Welsh Easter in Greece, that I had starved the family of chocolate. As you can see below, I caved into consumerism and unhealthy living in a big way. The Mrs is hiding her chocolate Easter Bunny, Jaya was more excited about the pink wrapping than the actual egg.
235 days ago
The Greek Easter is next week when we will be in Wales. Welsh Easter is today when we are in Greece. So it was a mixed celebration.
237 days ago
https://babylonbee.com/news/high-school-runner-not-feeling-great-about-her-chances-against-the-girl-with-a-beard
239 days ago
Academic Steve Hanke Professor of Applied Economics at Johns Hopkins University has a stark message which will delight gold loons such as our own Nigel Somerville..
239 days ago
Before we get to today’s spoof from the rogues at Chill Brands (CHLL), let’s look at the last one from a fortnight ago.
239 days ago
I would suggest that any company paying five times credit card rates is almost certainly well and truly fecked. Yet there is one and it is listed on the Aquis lobster pot.
239 days ago
But reader Magna Carta says that you all want me to stop mentioning what he terms my “hobby”. Matthew’s Dog and Catriona will be delighted that I think he can go feck himself, please do feel free to donate HERE. Nearly all of the podcast , as ever, is about companies and I cover: Inland Homes (INL), Moonpig (MOON), Caracal Gold (GCAT), VSA Capital (VSA) and its revenue recognition and the odd company that is Kelso (KLSO). PS did you know that Andrew Monk who runs, what he terms, Very Sexy Andrew, went to Oriel College Oxford? He does mention it now and again.
239 days ago
Thanks to Nomad and broker Cenkos (CNKS) and Dowgate Wealth management, the AIM sewer has a new recruit, a totally pointless investment company, Onward Opportunities (ONWD). This is not capitalism it is crony capitalism. The City boys will make £1.1 million in fees over the first 12 months. Even with inflation that will secure the services of many Ukrainian young ladies and buy stacks of Colombia’s finest. Meanwhile shareholders will almost certainly lose money.
243 days ago
Back in August of last year the sight of a parched Lake Vyrnwy in the hills about an hour from where I live was a posterboy for those predicting more and more droughts thanks to man made global warming. As someone who remembers my local reservoir drying up in 1976 but refilling very quickly the next year I thought that this was media bull at the time and with data from United Utilities and a site visit I have demonstrated a number of times that I was right and the MSM was talking GroupThink cock. But the mainstream media has not apologised, indeed over at the Guardian they have doubled down.
243 days ago
Gold and strategic metals development and exploration company in Greenland, Amaroq Minerals (AMRQ) has announced that it has agreed heads of terms for $49.5 million of financing to enable trial mining, processing and production of gold doré at its flagship Nalunaq project and we’ve subsequently spoken to CEO Eldur Olafsson.
243 days ago
This morning (sub) Standard Listed Wildcat Petroleum has told a blatant lie, not its first of course, as it has restated its interims. Worse still it has still made a howling schoolboy error! Let us start with its latest porky pie.
243 days ago
At the top of the results statement covering the six months to December 31, serial dog Mosman Oil & Gas (MSMN) yaks on about how there will be lots of jam, sorry oil, tomorrow. That will please the morons. I doubt they will look at the hard numbers for they are awful and show that this company is already, to all intents and purposes, insolvent. And then there is an explicit warning from Mosman itself
243 days ago
I start with a few ramblings on turning the Welsh Hovel into a homestead and an apple I have just eaten. I end with a reminder that 98% of you have yet to donate to Rogue Bloggers for Woodlarks. I am sure that you can each afford a tenner, please do donate HERE. Then I look in detail at Strix (KETL) and explain why Versarien (VRS) really is screwed. Unless you have dealt with banks when running a struggling company – as I have – you just won’t get why. I also look at BSF Enterprises (BSFA), Wishbone Gold (WSBN) and Inland (INL).
243 days ago
Heaven knows why this US based POS maintains a dual listing on the (sub) Standard List. It really is a cash guzzling crock as we have pointed out on numerous occasions HERE. In the first part of this year Okyo Pharma (OKYO) managed to pump its shares up to 5.5p with a series of spurious and ramptastic RNS’s. Then as the Bulletin Board Morons took they trousers down, whoosh, a $5.5 million funding arranged by the company not its brokers, came in at just 1.85p. Ouch. And double ouch. One hopes that the morons had lubed up.
244 days ago
It is the first survey since 2017 by the local GP practice, the one just over the river among the infidels in England. Suffice to say I was damning in my assessment but the last question caused particular comment “With which gender do you most identify?” My choice was: Female, Male, Non Binary, Other or Prefer Not to Say.
244 days ago
Once again we are watching the death throes of a company where Steve Moore and myself have warned you for years as you can see HERE. On 20th January Mirriad (MIRI) announced those words no shareholder wants to hear “strategic review.”. In plain English, we are fecked and the Fat lady is checking her diary.
244 days ago
Oh dear, oh dear, as the disgraced share tipster “old mother” Mike Walters used to say when one of his many disastrous share tips collapsed. Versarien (VRS) is just the sort of blue sky company churning out lies and issuing new shares whenever it could that would have attracted Walters, like shit attracts flies. That even Walters did not tip Versarien tells you something. Today we have an AGM in Cheltenham and the statement from chair Diane Savory has just been released. It is dire. Everything is for sale, it is cash crisis ahoy!
244 days ago
I start with Tortilla Mexican Grill (MEX) where, as is his wont, young Steve Moore was far too generous yesterday in calling at an avoid. I do the hard maths and it is in deep merde. Then it is onto UK Oil & Gas (UKOG), Pennpetro (PPP), Predator Oil & Gas (PRD) and the bloody useless FCA. Finally Skinbiotherapeutics (SBTX) before, principally to annoy poster Magna Carta, a few words on why I ask you to donate today to Rogue Bloggers for Woodlarks - you can do so HERE
244 days ago
I guess with a looming cash crisis and possible insolvency as soon as June, the clowns running Versarien (VRS) in the post Neill Ricketts era probably have more to worry about than breaking AIM Rules. They may, like Ricketts himself, regard rules as for little people and as such view what follows as pedantry.
244 days ago
It is hard to know where to start with this utter cretin. But for starters I do not post on BBs in my own name or as Truatnt2tb as this fool alleges in a defamatory manner.
244 days ago
In four days time, the advance party, myself and Joshua will be in Greece ensuring that a third proper loo is fitted at the hovel and that the last bad bit of road on snake hill is mended. We will take out a few more books although the library there is extensive and have to buy some loungers for the pool before the arrival of the Mrs and Jaya. The house is then, near as damn it, complete. There may be a picture or two to take out and hang and a few more books and DVDs but it is a place I could now live in all year round. I wish. There is good news and bad news from Kambos.
244 days ago
Just a couple of weeks ago shamed Aussie penny share promoter David Lenigas was suggesting on twitter that I could not do my sums and there was no cash issue at UK Oil & Gas (UKOG), one of his babies now 96% down over 5 years at 0.06p. Today comes news which should see the old rogue sending me a case of Metaxa by way of an apology. Not a placing but a massively dilutive farm-out of Horse Hill.
244 days ago
Trader and writer Francis Hunt of “The Market Sniper” argues that you ain’t seen nothing yet for gold and that silver will do even better when things really heat up.
244 days ago
In today’s RNS Iconic (ICON) announced that it had received a “Conversion Notice was dated 27 March 2023 and provides for 50 Convertible Notes to be converted into 1,315,789,473 ordinary shares of £0.00001 (“Ordinary Shares”) in the Company at a conversion price of £0.000038 at the aggregate principal amount of £50,000.” With the issuance of another 1,315,789,473 new shares, the Company’s issued ordinary share capital is now 43,106,916,660 shares. Yes that is more than 43 billion shares in issue.
244 days ago
On 16 December after almost a year of suspension on the (sub) Standard List, Dev Clever (DEV) announced that it was to delist, lying to investors by saying that it could not raise cash on that market. Of course it had been offered cash by Riverfort so that was a demonstrable lie from a company whose serial lies this website had exposed so often. It now gets even murkier.
244 days ago
Alastair Smith has been running Avacta (AVCT) for 16 years and after 16 years he has yet to launch an actual product. So on what basis are his pay increases calculated?
244 days ago
https://asiatimes.com/2023/03/why-ukraine-may-embrace-chinas-peace-plan/
246 days ago
You need to take out a second mortgage to afford a train fare these days. There are constant strikes by greedy and overpaid workers disrupting passenger travel. So what is the priority of the industry? Of course paint a train in rainbow colours and staff it with members of the LGBTQA+ community. How very 2023 in the decadent West. Virtue signalling, as you can see below, is so much more important than offering a cost effective reliable service. I wonder how many Diversity Officers at South West Trains it took to come up with this wheeze?
248 days ago
I end with a discussion about myself, Andrew Bell, his imaginary marathon running g/f and Cheryl - please donate to Rogue Bloggers for Woodlarks HERE. Before that I look at six piggies filling me with despair, are there no rules or basic morals at all any more: Braveheart (BRH), Nanoco (NANO), Caracal Gold (GCAT), Wildcat Petroleum (WCAT), ScotGold (SGZ) and Andrew Monk’s VSA Capital (VSA). Has Andrew told anyone today that he went to Oriel College Oxford?
248 days ago
In today’s trading update, Zamaz (ZAMNZ), founded by Supply’s Dr Frankenstein, Dominic White, provided a trading update under the following caption “Bella Dispensa reports over 30-fold calendar 2022 revenue growth”. The RNS also indicates that “These subsidiary results are being announced as they will shortly be in the public domain in Italy and are price-sensitive.”
248 days ago
Scotgold (SGZ) claims that its directors emails have been hacked and that “specious emails sent in their names to numerous people.” The clear implication is that the email I published on Saturday, HERE, discussing administration and a cash crisis is bogus. It is not it is genuine. The “specious” emails referred to were, according to my source, sent to employees, not insolvency lawyers at Fox Williams. Even its death throes it seems ScotGold dissembles and, in mentioning the Police paints itself as the victim. It is not the victim shareholders are. The company is in its death throes because it has fessed to as much today causing the shares to, as I oft predicted they would, crash. Told y’all! What follows is grim.
249 days ago
I start on journalist ethics, that is to say not selling shares before advising readers to and a chap called Magna Carta who reminds me of the weeds in my strawberry patch. Then onto Rogue Bloggers where Andrew Bell says he is joining us and bringing a fantasy woman. I shall bring Cheryl. Please donate HERE. Finally, referring to Sarah Willingham and Dame Sharon White of John Lewis infamy (see the Daily Mail article I refer to HERE) I suggest that a glass ceiling for women in business has been replaced by a wooden floor.
249 days ago
Not for the first time the Mail on Sunday is doing PR for Sarah Willingham of Nightcap (NGHT). As usual it gets its maths hopelessly wrong.
249 days ago
On 17 March 2023 Tintra (TNT) announced that:
249 days ago
Instead of heading straight to the petrol station on the Wrexham Ring Road and back, I took a diversion from just inside the village boundary, a walk across the fields to Frog Lane, something advertised as ½ mile. My plan was to do the walk and back on both legs of my walk to the petrol station so adding 2 miles to last week’s nine miles. Plans, plans, plans.
249 days ago
I managed my 11 mile training walk for Rogue Bloggers for Woodlarks. Actually I reckon it was twelve. Anyhow I am back and weeding the strawberries. No rest for the wicked. If you sense the pain in my legs please donate to this great cause HERE. Then I discuss Inland (INL) and more red flags. It is either the cheapest stock on the market or a zero and I know what my money is on.
249 days ago
The email below, apparently from a senior staffer at Scotgold (SGZ) to lawyers at Fox Williams, presumably Richie Clark and Paul Taylor (Partners) or Paul Osborne (Senior Partner), appears to show that the company, which only raised £3 million just the other day, is in a right old financial mess and is preparing for administration. Either its real or its fake, but its “doing the rounds” so one way or another ScotGold, a perma dog IMHO, needs to issue an RNS first thing Monday AM.
251 days ago
Tomorrow is my third training walk for Rogue Bloggers for Woodlarks. I am targeting 11 miles and will post a picture of the service station on the Wrexham roundabout which is my turnaround point if we can get donations well above £1,000 before I leave. I can’t say fairer than that, please donate HERE. In today’s podcast I discuss Deutsche Bank ( the next Credit Suisse?), the fraud Supply@ME Capital (SYME), nanosynth (NNN), Kefi Gold & Copper (KEFI), Ceres Power (CWR), Genflow Biosciences (GENF) and Celadon Pharmaceuticals (CEL) and lock in expiries in a thin market.
251 days ago
Pride, they say, comes before a fall. Welcome to Neill Ricketts on twitter just before Christmas Day 2020 celebrating the “first ten years”. Then look at the wretchedly sycophantic replies. I wonder how many of the 2020 sycophants are now, as Versarien (VRS) faces insolvency by June, still in the fan club?
