1586 days ago
How insane is this even by the standards of the AIM Cesspit? In late August this year I exposed how Sheikh Ahmed Bin Dalmook Al Maktoum had invested in a placing by what was MX Oil (MXO) got it to change its name to ADM Energy (ADM) in his honour as he became President, saw the shares rocket, and then sold all his shares before announcing he was quitting sending the shares crashing from 20p to 4.5p today. Wind forward to November 28…
1934 days ago
In today's podcast I explain why own in-house Bulletin Board Moron Wildes has disappeared, how I am considering kidnapping the Chavs cat, a forthcoming contest and then I look at Amur Minerals (AMC), MX Oil (MXO), Audioboom (BOOM) and Online Blockchain (OBC).
2004 days ago
Today's bearcast is recorded outside the Greek hovel as Joshua does not seem to understand why hard working folks here in Greece have an afternoon sleep. In the podcast I look at Yu Group (YU) in detail, Challenger Acquistions (CHAL) and MX Oil (MXO) en passant and, in real detail, Totally (TLY) where either CEO Wendy Lawrence or scumbag, low life, morally bankrupt PR Yellow Jersey, or both, must think investors are truly stupid to swallow the horse in today's trading statement.
2898 days ago
There was I trying to get an early night's sleep and who should call, blissfully unaware that I was on Greek time. It was Stefan Oliver of MX Oil (MXO) concerned that the morons had told him that I had said that it was trying to get a £4 million placing away at 0.1p. Of course I had said nothing of the sort but Stefan went on the record to clarify the position.
2899 days ago
In this podcast I start with Baby Bear, Graham Neary, and why he is wrong on Fastjet (FJET). The trouble is that he is being too nice. Baby, try to remember that we bears are meant to be complete and utter bastards. I then discuss my own Greek planning woes and those of Minoan (MIN). Then it is onto e-therapeutics (ETX) and today's RNS which stinks to high heaven. This is now an A1 bargepole stock. I then cover Atlas African (AAI), Andalas (ADL) - what price the next placing? - Hague London (HNL) and MX Oil (MXO) again what price its next placing? 0.1p looks about right to me.
2901 days ago
According to Reuters the Mexican Government has revoked six oil licenses because the companies awarded the blocks did not in fact meet qualifying criteria. This appears to wipe out the Mexican asset base of MX oil (MXO). Oh dear.
2914 days ago
Hello to the chairman of the LSE and all other readers of this website and welcome to the daily podcast. In detail I look at Outsourcery (OUT) the crock of Turkish run by serial business failure Piers Linney and Blur (BLUR) the piece of Turkish run by uber-poltroon Phil Letts. Which is more worthless? Discuss. Having behaved myself with no bad language at the London Stock Exchange (LSE) AGM I am aware that my standards rather slipped in this podcast. You have been warned. I also cover MX Oil (MXO), Cambian (CMBN), Hunter Resources (HUN) and the uber Turkish Rose Petrooleum (ROSE) whose RNS today screams SELL - PLACING AHOY!
2914 days ago
A City source tells me that MX Oil (MXO) is - quite unbelievably - endeavouring to do another placing, this time at 1p.
2941 days ago
Show Me the Money was not only an award winning TV programme fronted up by a terribly witty and intelligent chap whose name temporarily eludes me, but is also what shareholders in MX Oil (MXO) will be shouting at CEO Stefan Oliver today. The Nigerian moolah has still not arrived.
2949 days ago
I am off to bed thanks to the PC imbeciles at EasyJet but first three announcements about UK Investor Show on April 30th. We send tickets out this weekend so if you have not boooked go now to www.UKInvestorshow.com NOW and use the promotional code SPUKI to get a free investor class seat. At a company level I cover Lighthouse (LGT), Snacktime (SNAK), William Hill (WMH), UK Oil & Gas (UKOG), Solo (SOLO), MX Oil (MXO) and Tungsten (TUNG)
2951 days ago
An online poll suggests that 69% of folks want MX Oil (MXO) head honcho Stefan Oliver to walk the plank. I put it to you that Mr Oliver deserves at least 48 hours and that folks should be careful in what they ask for? Who would you want to run MX? Chris Oil? Dan Levi? David Lenigas? Conrad Windham? I am sure young Conrad would be up for it but are you folks sure that is an upgrade?
2959 days ago
I start with the rise and fall of foxy Katia Beauchamp and Birchbox a tech hero which is stuttering. What does that mean for the rest of us? I discuss specifically what it says about Wandisco (WAND). I look at Global Resource (GRIT) or should that be more SHIT from Sam Hutchins and then also Environmental Recycling (ENRT), a worthless fraud. The it is onto Goldenport (GPRT), MX Oil (MXO) and also Union Jack Oil (UJO). Finally back to Nyota (NYO) please email [email protected] and tell him that a move to NED is not enough, he must go and must go now for good. And I dont think he really is an NED anyway for what it is worth - something I explain in the bearcast.
2959 days ago
I warned you on Friday's bearcast that MX Oil (MXO) was trying to get a placing away at 0.75p and hey presto today we are told that it has indeed raised £2.5 million at 0.75p. The shares are down by 26% on the news at 0.8-0.85p: you dont need to thank me all at once for giving you a heads up. What is going on?
2962 days ago
The sizzling rumours - MX Oil (MXO) and Moneyswap (SWAP). I start and finish with a favour to all of my younger or more IT minded listeners. If you can please action that today it would be fab, Then I move on to look at Gulfsands Petroleum (GPX), Nighthawk (HAWK), Stanley Gibbons SGI), Starcom (STAR) and, in some detail, Cambian (CMBN) - where I do hope you heeded my warning 141 days ago HERE.
2993 days ago
Just a reminder that it is Shrove Tuesday or, as younger folks might say, Pancake Day. Next up I shall be asking what you are giving up for Lent? I shall be giving up expressing my undiluted admiration for Britain's leading chanteuse Ms Cheryl Cole. Back to shares and I discuss what is real asset backing and what is it worth with relation to Allied Minds (ALM) and Cambian (CMBN) and a piss poor trading statement from Tungsten (TUNG). I express some displeasure with MX Oil (MXO), now off any buy list, and then move onto Servision (SEV) which is heading to where Motive TV (MTV) is now - off another 50% at 0.00p
2997 days ago
Warning: perhaps it is best not to play this podcast in front of the kids. On the agenda today I remember when Evil Knievil was a 3Dimmer - good investors accept that facts change, I note this in reference to MX Oil (MXO). I also discuss the folly of leaping to conclusions with reference to Falanx (FLX) and cover DQ Entertainment (DQE) and why Nomads are so skittish these days. Then it is on to Imaginatik (IMTK) and my old sparring partner the fraudster Rob Terry before I end up with a discussion of spraying ones todger and what to make of the situation at Plethora (PLE), the baby of my old friend Jim Mellon
2997 days ago
I suspect some MX Oil (MXO) shareholders might be surprised to hear this but I have good news for you. Ther historic losses of the PLC in the days before it was MX Oil CAN be carried forward and that means there will be no tax paid on the disposal of Aje. This is good news.
2999 days ago
MX Oil (MXO) has confounded its critics and delighted the rampers with details of the sale of its stake in the Aje field in Nigeria and a small placing at 1.25p. The deal looks great in headline terms but is it really that good?
2999 days ago
I have won £5 from Shipston's Buffett for tracking down a long lost cousin to whom he has not spoken in 50 years. That is my main achievment today. I shall comment on InternetQ (INTQ) and MX Oil (MXO) elsewhere. I start with a look at BP (BP.) and explain why we have bought the shares today. Then I look at Corero (CNS) in detail and at Condor Gold (CNR), Nighthawk (HAWK), Petroceltic (PCI), Mosman (MSMN) and Aureus (AUE) before a detailed look at the dog Blur (BLUR).
2999 days ago
Judith W is one of those folks who just get a kick out of posting nasty things about me. Having been put in her place on her last smear she is at it again with a post on this website which is scant on factual accuracy but makes me worry for her sanity.
Today's offering is: this:
oh dear INTQ, TUNG & MXO all going against you Mr.Gurufrithfroth,,,,, bet you wont post this you cowardly councill dwelling pos
As you can see
2999 days ago
MX Oil (MXO) appears to have sold its Nigerian assets for a good price today. The devil is in the detail and having chatted to CEO Stefan Oliver I shall be looking at the detail very shortly. But before we go any further I applaud Mr Oliver for doing what the fuckwit regulators fail to do, that is to say tackling market abuse.
3000 days ago
I feel let down by someone, legged over. But revenge is a dish best served cold. Last year I "dealt with" someone in print who'd cost me money 15 years previously. It was all the better for waiting. I am sure there will be a couple of listeners who will take this on board today. Was I wrong about Gulf Keystone (GKP) yesterday HERE? No the analysis still stands, today's share price spike is a selling opportunity. I also look at Kenmare (KMR), Lakehouse (LAKE), Litebulb (LBB), MX Oil (MXO - statement needed - Crossrider (CROS), Afriag (TOAST), Blenheim (BNR) and Solgold (SOLG) which gets a detailed review and sell advice.
3006 days ago
The little twerp just cannot help himself. Today he has announced that yesterday he sold his entire stake in MX Oil (MXO) - 16,666,667 shares. But looking at his tweets (deleted and undeleted) from yesterday the crook is clearly again breaking the law.
3008 days ago
Today's shock news from MX Oil (MXO) has seen its shares rcket. It is all game theory now and a binary bet. So what to do about the shares? What are they worth and at what price would I consider taking part in a placing? I also note that it is time that MX Oil started treating its shareholders fairly, if it does not behave like a proper company in what it says, does not say & does it will never be taken seriously
3012 days ago
Warning: This podcast contains bad language throughout. I start with a quite surreal chat with the PR for TrakM8 (TRAK). Either he is on acid or I am. Anyway a follow up to yesterday's expose HERE is on the way. Then there is a detailed analysis of Fusionex (FXI) which is a red flag delight. Then it is onto the disgusting events and flagrant market abuse at Frontier Resources (FRI) and some scathing comments on the dog that is Bingo, Bongo, Bango (BGO). PeerTV (PTV) gets a lashing - I have a cunning plan for this one. Then a comment on how bad news is good news at Pearson (PSON) and finally considered words on MX Oil (MXO)
3012 days ago
MX Oil (MXO) has not announced it yet but then we do tend to announce these things for it. But the placing needed to bail it out has been completed...at just 0.5p.
3013 days ago
MX Oil (MXO) owning folks insist that the Front Puffin is already on its way from Singapore to Nigeria and they do so because New Africa Energy, the largest shareholder in the Aje block said so on Sunday as you can see in the screen grab below. Sadly...
3014 days ago
This almost feels like intruding on private grief, shares in MX Oil (MXO) now trading at just 0.875p - well below the 1p par value of the - now clearly struggling - placing, but I have just a few more questions that shareholders should be asking the company in light of yesterday's statement.
3015 days ago
I warn you that this podcast contains bad language from the start as I discuss how - as a customer - I hate BT (BT.A) with a passion. I then move onto China Norfolk Taihua (TAIH), a brief Jabba the Hutt section on Solo Oil (SOLO) and LGO Energy (LGO) and a look at SeaEnergy (SEA). Oil disasters dominate the fallers and in that vein I cover Petroceltic (PCI), MX Oil (MXO), Iofina (IOF), Magnolia Petroleum (MAGP), Bahamas Petroleum (BPC) and Range Resources (RRL). I also have a butchers at the fun and games at Altona (ANR).
3015 days ago
It is not a good start to the week for MX Oil (MXO) as it has essentially confirmed my £2 million at 1p placing article from Friday. It is reshuffling the board, now considering asset sales, its shares are slipping and its moronic shareholders blame it all on Tom Winnifrith and are stating on twitter and on various chat room asylums that they are reporting me to the FCA.Where does one start?
3016 days ago
I would expect MXO Oil (MXO) to confirm on Monday at 7 AM the success or otherwise of its £2 million placing at 1p which I revealed here. While it is about it I wonder if it might update on the short term (its words not mine) production at Aje as we play spot the Puffin.
3018 days ago
The Sith Lord Zak Mir will be leaving the rebel alliance for good on Sunday. As of now this site is (with the exception of the miserable froggie Thierry who has penned a great piece today) fundamentals only, no TA nonsense. We will do some buy tips but not of that ramping shite Bulletin Board Morons love - this site is becoming more critical and bearish. In terms of the market I comment on the joke that is ISDX in light of Nigel's great article today then onto MX Oil (MXO) - explaining market abuse & insider dealing for Wildes and other morons - LGO Energy (TOAST), Koovs (KOOV), UKRProduct (UKR), EG Solotions (EGS), Webis (WEB) and BMR (BMR)
3018 days ago
Amazingly market abuser Chris Oil has not tweeted about this yet. But recent share price weakness at MX Oil (MXO) is now explained.
3021 days ago
Paul Scott may be Britain's top share blogger but today he served up the sort of grotesque factual innacuracy which would put David Lenigas to shame. I start on that matter and Birthday communications with the younger generation. Then it is onto Afriag (AFRI) - Incoming! Watch this space. Then to Boohoo.com (BOO), Aquatic Foods (AFG), MX Oil (MXO), Magnolia Petroleum (MAGP), CIC Gold (CICG) and London Capital (LCG). I also mention, en passant, Kefi Minerals (KEFI)
3048 days ago
Earlier today we flagged up that Chris Oil was committing market abuse by revealing information given to him as an insider in claiming that he owned bonds in MX Oil (MXO). We passed this information onto the Nomad by sending it our article - apparently no-one at Cairn understands how twitter works. That forced MX to issue a statement saying it was doing a debt fund raising - which I gather Oil is participating in - but had not yet completed it. So not only was Oil revealing inside information but he was also lying...the issue is not yet done. As for whether you should follow the little twerp and sign up for the issue?
3048 days ago
The little twerp just cannot help breaking the law. You will see in the tweets below that market abuser Chris Oil claims to be the largest shareholder in MX Oil (MXO) but that he is also a large bond holder in the AIM listed company. Er hang on...
3092 days ago
Following on from his disasters at Sefton Resources (SER) – suspended – MX Oil (MXO) – halved mummy’s cash and Lenigas Cuba (CUBA) another 50% hit, what other shares have the kiss of death blessing of market abuser Chris Oil, the man who says he is Britain’s Buffett. I bring you a video of him being interviewed by a hapless Sith Lord, Zak Mir. Sometimes the Sith Lord makes even Justin the Clown over at ADVFN seem probing.
