584 days ago
Back in November of last year the CEO of Cake Box (CBOX) sold 3 million shares at 350p to mug fund managers. That means that over the past two years he has trousered £16.4 million at 170p and 350p. Lucky him. The company, which I have called out for months as a slam dunk car crash waiting to happen, has recently served up a horrific profit warning and its shares touched 90p. But then the CEO invested £250,000 at 121p and hey presto the shares are now 142p – more than halfway back to the pre-warning 180p level. This is absurd.
1906 days ago
Floated on the AIM Cesspit in May 2018 at 15p a share and raising £6 million Maestrano (MNO) describes itself as a “cloud business integration platform with cross-app data synchronization” I’d describe it as an univestable piece of shit.
2388 days ago
Toys, games and giftware group Character (CCT) has reaffirmed that “underlying pre-tax profits for the year ended 31 August 2017 are projected to meet current market estimates”, but that “at this early stage of the group's new financial year the board consider that, based on the latest sales and market data available to them, the group's performance for the year ending 31 August 2018 is now expected to be significantly below current market estimates”. However, there still looks to remain reasons for optimism...
2687 days ago
When it is described as a "corporate update". That is how Iofina's (IOF) prize piece of excrement PR person Dominic Barretto headlined yesterday's profits warning. It looked so tame why bother reading? But it was a warning and Barretto being a total wanker deliberately did not add in any hard numbers. You see he views investors with contempt. His job is to polish a turd not to inform. And boy is Iofina a turd.
2855 days ago
Post the Brexit vote and the profits warning from Interquest (0ITQ) shares in FDM (FDM) stood at 550p. They are now 450p. I have a private email from a top City analyst which explains the fall but also why the shares are cheap and a buy. It reads:
3191 days ago
Investment Case: From around 140p, shares in SpaceandPeople plc (SAL) fell swiftly towards 60p last year following a profit warning on slower than anticipated sales. However, the final results statement for 2014 noted that “the cost base of the business at all levels has been lowered, the effectiveness of the sales team improved and a new mobile promotions kiosk product and service launched successfully. As a result, trading in the latter part of the year stabilised and also showed promising signs of growth”. This has since been followed by a positive AGM update and contract news and, at a current 80p offer price, the shares are a buy - we tipped this at 71.5p offer two weeks ago.
