12 days ago
Platinum group metals and chrome in South Africa focused Sylvania Platinum (SLP) has announced results for its half-year ended 31st December 2025 and notes chrome concentrate target of 60,000-90,000 tons of annual production and a recently increased to 90,000-93,000 4E PGM full-year production range.
13 days ago
I know that Steve Moore has already given Aston Martin Lagonda (AML) a good kicking HERE. But as it is his only “conviction short” I asked Liverpool’s greatest numbers man since Ken Dodd to offer up a few words. Evil Banksta opines:
14 days ago
Thanks to the generosity of Pantheon Resources (PANR) in collapsing its share price, London’s most effete shorter Evil Banksta has been enjoying a romantic Wedding anniversary celebratory holiday in the Caribbean with his long suffering Mrs. But who will pay for his next trip to the Windies which is already being planned?
25 days ago
BP (BP.) has announced its fourth quarter and full-year 2025 results with the headline news that it has decided to suspend the share buyback to accelerate the pay down of debt. That process is being driven by the sale of non-core assets, notably Castrol and the green rubbish that previous management backed. The market has responded by marking the shares down to around 450p, but that still compares well to our below 350p tip last year and the following is why we agree with the company’s move and believe there is further upside.
46 days ago
Ariana Resources (AAU) has announced “Drilling Results from Main & South Zones at Tavşan” including emphasising “another great set of results from the Main Zone at Tavşan extending into the South Zone” and that it is “currently optimising our pits at US$3,500 per ounce, compared with previously optimised runs undertaken at significantly lower prices. This already bodes well for the longevity of the Tavşan operation”.
46 days ago
As Steve continues to watch paint dry in the land of high culture I man the fort alone once more and kick off witha discussion about Kefi Gold & Copper (KEFI) and why 'arry should spend more time with his Mrs, the kids, grand kids and Bluey and also Upland Resources (UPL) which is surely a slam dunk short running on vapours.
48 days ago
BP (BP.) has issued a “Fourth quarter 2025 trading statement” ahead of quarterly and full-year results expected to be published on 10th February. What does the trading statement include in the context of a 436.9p share price, £68 billion market capitalisation?
50 days ago
I was re-reading the interim results from Defence Holdings (ALRT) which came out on 22nd December ( red flag) last night. Yes. I am a sad chap And there is a matter that really screams out at you.
52 days ago
UK and Republic of Ireland ‘textile services provider’ Johnson Service Group (JSG) has issued a “2025 Full Year Trading Update” including noting “strong year on year adjusted operating profit growth, in line with current market expectations” and that it “remains confident in delivering another year of progress in 2026 and we remain on track towards achieving our targeted margin of at least 14.0% in 2026”.
68 days ago
Every day between Christmas and New Year’s Day we served up two of our 18 tips of the year. The last in this series is a sell from Tom Winnifrith
71 days ago
BP (BP.) has announced that, “following a comprehensive strategic review of Castrol”, it has reached an agreement to sell a 65% shareholding in Castrol, arguing that it “represents a significant milestone in bp’s commitment to accelerate its strategy, including simplifying the portfolio, strengthening the balance sheet, and focusing the downstream on its leading integrated businesses”. What about that and a slightly higher share price at 428p in response?
72 days ago
Between Christmas Eve and January 2nd the team will be publishing 18 share tips of the year. Next up is a sell or short from Tom Winnifrith
86 days ago
‘Data, information, communications and assets’ business services company Restore (RST) has announced it’s “on track to deliver a strong FY25 performance; FY26 outlook raised” and the sale of the Harrow Green commercial relocation business. How does that all compare to a currently up to 272p share price, £369 million market cap, valuation?
91 days ago
Recent 27.5p offer price tip, “hybrid capital” for SMEs business, Duke Capital (DUKE) has announced results for its half-year ended 30th September 2025 emphasising that it “is well placed to build on its strong foundations”. How are the results and outlook relative to the valuation at a now 28.25p share price?
94 days ago
Amaroq (AMRQ) has announced results from resource and exploration drilling at its Nalunaq gold mine and an update to its exploration activities, including it “confirming additional high-grade intersections… derisking near-term production and providing the geological confidence required to continue sustained mining activities” and exploration expansion. The grades really are stunning!
95 days ago
‘High performance polymers’ company Victrex (VCT) has announced results for its year ended 30th September 2025 and new plans including for profit improvement and capital allocation. What’s the outlook of those relative to the valuation from a 655p share price?
98 days ago
Ariana Resources (AAU) has issued a “Kizilcukur Drilling Identifies Potential Extension”-titled announcement, which is potentially significant as Kizilcukur is being advanced towards providing satellite ore feed to the nearby producing Kiziltepe mine.
102 days ago
Phoenix Group Holdings (PHNX) has emphasised “a strong first half performance with progress against all key financial metrics we use to drive the business, demonstrating continued momentum towards our 2026 targets”. The following is why that suggests a valuation meaning a prospective above 8% dividend yield looks too harsh.
102 days ago
After years of warnings from myself and also from the deputy Sheriff of AIM, Nigel Somerville, it really does look like the end is nigh for Tern (TERN). But of course some commentators knew better. Were they in receipt of brown envelopes for their efforts or are they just thick. With the shares, now 0.35p and heading for 0p, at 10p Zak Mir wrote:
116 days ago
Industrial products distributor RS Group (RS1) has announced results for its half-year ended 30th September 2025 and emphasises that its “initiatives are driving improvements in some of our key underlying operational metrics and providing resilience in financial performance”. What about this from a currently falling share price after it reached 595p?
123 days ago
I start with a March 1929 NY Times quote which I discuss. Then my fig tree arrives and finally I discuss Georgina Energy (GEX) and its latest crime, Rightmove (RMV) an AI and cyclical short, Argo Blockchain (ARB), and Bluebird Mining Ventures (BMV).
123 days ago
BP (BP.) has announced its third quarter 2025 results, including emphasising strengthening balance sheet and increasing cash flow and returns “good progress” and that it is “looking to accelerate delivery of our plans, including undertaking a thorough review of our portfolio to drive simplification and targeting further improvements in cost performance and efficiency”. How is its performance relative to the valuation at a current 458.7p share price?
129 days ago
Industrial components manufacturer and distributor Essentra (ESNT) has issued a “trading update” including, on its quarter to 27th September 2025, “revenue in Q3 increased by 5.9% at constant currency on a like-for-like, working day-adjusted basis” and the performance helping towards “FY25 leverage is expected to remain within the medium-term target range of 0.5x to 1.5x, supported by strong operating and free cash flow conversion”. How does the trading performance compare to a current just below 100p share price?
135 days ago
Bloomsbury Publishing (BMY) has announced results for its half-year ended 31st August 2025 including that it now “expects to deliver full year profit ahead of expectations”. How good is the news? The shares are up to a 522p share price in response.
144 days ago
Serabi Gold (SRB) has announced pretty good Q3 numbers – record gold production of 12,090 ounces, a 27% increase from Q3-2024. Cash at the period end was $38.8 million vs $30.4 million, three months prior. And it says that it is on track to hit FY guidance of 44,000-47,000 ounces of gold production. There was also some decent, if not spectacular, drilling grades announced.
145 days ago
I discuss Kefi Gold & Copper (KEFI), Ukrainian Young Ladies, Hamak (HAMA), Satsuma (SATS), Nightcap & Brighton City Council, Smarter Web (SWC) and in detail Defence Holdings (ALRT), a monumental short/sell. Plus there is bit of macro babble
145 days ago
I have to admit to a dirty pleasure. Last night I spent half an hour on the internet and you may think my viewing sordid but it was a real thrill. You’ve guessed…
153 days ago
The insolvent US fraud run by Alessandro Zamboni, Nuburu (US:BURU) has seen its shares go ballistic in response to its proposed purchase of Orbit S.r.l formerly known as IAF2 S.r.l a company “specialising in digitilizing operational resilience solutions for mission critical corporations”.
162 days ago
If anyone knows where I can get some borrow on Hemogenyx Pharmaceuticals (HEMO) then please post below. A friend told me on Friday evening that he had managed to short some with IG and so first thing this morning I got in touch with my relationship manager there - but it had all gone! I can understand why the borrow is so hard to get as lots of people want to short the shares, what I can’t understand is the sheer stupidity of those people that are buying the shares!
178 days ago
179 days ago
Steve Moore has repeatedly warned you not to buy shares in Time Out Group (TMO). And he has been right, a year ago they were 56p, today they are 13.75p. God punishes wicked anti-semites.
206 days ago
A few weeks ago, Victoria PLC (VCP) released its results for the year to March 31 2025 along with news of refinancing £420 million of debt due next year.
211 days ago
I told you to short this at 44p two years ago. The shares are now suspended at 0.75p as Belluscura (BELL) still cannot get out its calendar 2024 accounts. But that is the least of its problems, God only knows where the share price would be if the suspension was lifted. Today comes more bad news.
227 days ago
Amaroq (AMRQ) has announced the commencement of its 2025 exploration campaign, emphasising “active drilling at our flagship gold assets of Nalunaq and Nanoq, and regional work expanding our understanding of the copper, nickel, and rare earth elements opportunities”. That suggests various share price catalyst opportunities in the next few months.
227 days ago
Van Elle (VANL), which describes itself as “the UK’s largest ground engineering contractor”, has announced its year ended 30th April 2025 results and that it “continues to win important new framework agreements and partnerships, which gives the board confidence in the prospects”. How do the outlook and results compare to the valuation at a current 38.5p share price?
229 days ago
I told you that this was a free money slam dunk short a few days ago but a few folks thought that they knew better than old TW and what was printed in black and white in a frigging RNS! Now for the Sage of North Yorkshire and others there is some more bad news!
232 days ago
Yes I know the bitcoin price has moved up sharply, Dominic Frisby reminds us of this about seven times a day. And that is why morons are putting 2 and 2 together and making 57 so buying shares in Argo Blockchain (ARB). They are quite literally mad to be doing so. At 3.55p the market cap is c £25 million but Argo has already told you quite explicitly that the shares are almost worthless. If you can short this, it is free money.
235 days ago
On May 22 Petra Diamonds (PDL) posed a full operational update which included the line “We believe the steps we have taken over the past 12 months position Petra well for a successful refinancing. We will now look to commence engagements with our lenders on the refinancing of our debt maturing in early 2026.” The shares were then 21p. They are today 11p and falling rapidly.
276 days ago
280 days ago
292 days ago
294 days ago
We recommended shares in the UK’s largest pawnbroking and jewellery and watches retailing group H&T (HAT) again at a 395p offer price just under a year ago, considering that they then again appealed on a valuation and income basis. We most recently reiterated that view in March this year with the shares then still below 400p… and now a recommended offer at 650p per share from Nasdaq-listed FirstCash. So with the shares now at 642p to sell, what to do?
312 days ago
We recommended shares in Urban Logistics REIT (SHED), describing itself as “the only London-listed REIT to focus on specialist last mile/last touch logistics assets”, just in March at a 115.6p offer price, concluding that with an “above 25% discount to the noted net tangible assets and a now-improving interest rate environment and a favourable demand/supply mismatch for the type of space the company specialises in, we see 20%+ share price upside here and that dividend whilst waiting. Therefore, at up to 117.5p, a value and income Buy”. What about now a “possible offer” that “it would be minded to recommend” and the shares up to comfortably above 140p to sell?
318 days ago
‘Meat, seafood, plant-based foods and pre-prepared meals’ food producer Hilton Food Group (HFG) has announced its results for the year ended 29th December 2024 and that “2025 trading has started well”. What upside does that suggest from an 864p share price?
337 days ago
344 days ago
That silly woman from Shares Magazine probably thinks it is racist to make that Zak Mir/Lift Global Ventures (LFT) joke again but it is good enough as the shares plunge to a new low to make it yet again. But seriously folks, I ten turn to Marechale Capital (MAC), the upper class twit of the year 2012-24 and Weardale Lithium, Ariana (AAU),.First Class Metals (FCM), Cirata (CRTA) and Aston Martin (AML)(, both of which are still shorts. I also look at gold stocks as gold hits a new high of $3,123 oz.
346 days ago
347 days ago
I answer the question is UK PLC a short worthy of bearcast? Then the latest farce at Wishbone Gold (WSBN). Finally, is Alphawave (AWE) still a short, the trade is crowded but there are a lot of bear points.
347 days ago
I start with JD Wetherspoon (JDW) and more low paid workers sacked by Rachel from Customer Services. Then two bigger companies to short: Diversified Energy (DEC) and Ceres Power (CWR). Finally Ed Milliband has discovered free money. Not.
358 days ago
359 days ago
360 days ago
364 days ago
364 days ago
365 days ago
I start with Trustpilot (TRST) and the ratings for Evri and Everi, do you smell a rat? Trustpilot is a stonking £1.2 billion short. Then Powerhouse (PHE) which you can also short to zero, Optibiotix (OPTI) and i am being objective and, I believe, balanced. Finally Roquefort (ROQ) and today’s red flag strewn news: is that a fake sheikh I spot?
365 days ago
365 days ago
365 days ago
Every business has three key stakeholders: staff, shareholders and customers. You can screw one of them and reward the others but not forever. But maybe Trustpilot (TRST) is different?
373 days ago
375 days ago
Yesterday shares in Petra Diamonds (PDL) clawed back a few of Monday’s steep losses to close at c26p, a £50 million market cap. But on the bond markets it was a very different tale as you can see below. And that was telling as yesterday Petra was presenting to its bond holders and they clearly did not like what they were told.
382 days ago
386 days ago
There is an awful lot of talk about EBITDA in today’s interim results from Petra Diamonds (PDL) and that, on its own, should be a red flag. But there are many other warning signs too. Well done Lucian Miers for urging folks to add to shorts ahead of the numbers, the shares are down another 16% today to 24.2p but that is still far too high. Arguably by 24.2p.
391 days ago
The relatively new CEO of AFC Energy (AFC) hosted an Investor Meet rampfest for chatroom gerbils on Friday and then he and his Mrs bought, for them, a token shareholding. That has seen the shares tickle higher to 10p. That is an £85 million market cap which makes this an outstanding short.
432 days ago
464 days ago
Shares in EnergyPathways (EPP) are up by 400% in the last two months since an RNS, signed off and no doubt assiduously verified, by Liam “the Toke “ Murray at Cairn claiming a big loan was on the way. But who are the chaps behind that supposed loan and are they really good for the moolah. Has The Toke checked with his usual rigour i the due diligence department? The twitter thread below suggests he has not. Enjoy.
465 days ago
https://shareprophets.com/views/77756/hemogenyx-owning-moron-johnr-thinks-tom-winnifrith-is-a-scumbag-and-disgrace-battlng-for-team-leukemia
465 days ago
Yes: you can get borrow. Tim Kempster is short and you should join him at 1.2p, my target for Hemogenyx (HEMO) is 0p. Here is why.
465 days ago
If you think that Bitcoin is overpriced at just under $100,000 then a possible stock to short is MicroStrategy (Nasdaq:MSTR) at $422 which describes itself thus: “MicroStrategy® is the world’s first and largest Bitcoin Treasury Company.” You would be following the strategy of a well-respected short seller Citron Research which initiated a short a few days ago. Its thesis was that MicroStrategy’s market capitalisation was far to far ahead of the value of its bitcoin portfolio.
608 days ago
617 days ago
I start with news of a cruel and unusual punishment I suffered in Wrexham today and then it is onto reports that Evri is considering a £2 billion IPO. If it does its a day one stock to short.
671 days ago
Malcolm Stacey and the rest of the green brigade got terribly excited last Thursday when Ceres Power (CWR) announced a big new deal with Delta Electronics “Praise be to Saint Greta, His Holiness Lord Attenborough and blessed King Charles, we are all going to be rich!” screamed the senior writer on this website. Just six days later comes a shock warning and the shares are tumbling. Malcolm will be writing a letter of complaint to the Guardian shortly.
678 days ago
I have not weighed in on Diversified Energy (DEC) since 2019 when I managed to get the FRC to rap its knuckles for dodgy accounting. A name change later I sense that there is far worse to come. However, in the interests of balance
698 days ago
In today’s bearcast I look at Canadian Overseas Petroleum (COPL), Advanced Oncotherapy (AVO), Tiger Royalties (TIR), Jubilee Metals (JLP), African Pioneer (AFP), Verditek (VDTK) and Oxford Nanopore (ONT).
704 days ago
Between December 24 and January 3 we will serve up 20 share tips of the year from the team at ShareProphets. Most writers pen two tips, Tom will do 6. There will be longs, shorts, blue chips and small caps. We conclude this series with a SELL from Tom Winnifrith
704 days ago
Between December 24 and January 3 we will serve up 20 share tips of the year from the team at ShareProphets. Most writers pen two tips, Tom will do 6. There will be longs, shorts, blue chips and small caps. We continue this series with a SELL from Tom Winnifrith
704 days ago
Between December 24 and January 3 we will serve up 20 share tips of the year from the team at ShareProphets. Most writers pen two tips, Tom will do 6. There will be longs, shorts, blue chips and small caps. We continue this series with a BUY from Tom Winnifrith.
718 days ago
My man is close to the action and his reports suggest to me that Novacyt (NCYT) now in the skilled hands of Lynn Rees, the man who crashed Yourgene (YGEN) could well also crash and burn in 2024. At 66p the market cap is £47 million and the company had £81.7 million cash and no debt at June 30 BUT….
747 days ago
I start with the Mrs heading to a conference. She was map reading as we drove to the airport. We missed two turns so were late. Naturally that was my fault I then move on to the mendacity if the Autumn statement and then to naughtiness at Wildcat Petroleum (WCAT), called out by Charles Tatnall, for once a hero not a villain, as you can see below. Then it is Ariana Resources (AAU), Regtech Open (RTOP), and Victoria (VCP) which really could be a zero, Stay short.
750 days ago
In today’s Bearcast I discuss Jaya’s birthday and the Woodlarks Christmas appeal. Please donate to that HERE. Come on you can all afford a fiver can you not? Then it is onto Hotel Chocolate (HOTC), Celadon Pharmaceuticals (CER) – still a short – Verditek (VDTK) , Canadian Overseas (COPL) and Kefi Gold & Copper (KEFI).
771 days ago
I was on a road trip yesterday so only noticed the after hours ‘fess up late in the evening. Upland’s shares will be destroyed, it is a complete vindication of my coverage and some folks should be going to jail if the FCA, regulator of the Standard List, launches a criminal enquiry as it must do. Upland Resources (UPL) management are – at best – guilty of criminal naivete and negligence, To show that they are not part of a criminal conspiracy, perhaps involving the tweet below, they should be demanding an FCA enquiry – I hope you followed my short advice as these shares will, as I predicted, collapse like a failed souffle on Monday.
772 days ago
Check out Riley Gaines. She is a brave young lady who scrubs up well and who swam against the sort of Lady who has a penis, a “Ms” Lia Thomas. When Ms Thomas competed as a man she was nowhere but as a woman she won numerous contests. Riley and was cheated out of medals in US collegiate championships as a result. But Riley is brave and despite horrific threats, including death threats, from trans activists has launch a high profile campaign to keep women’s sport fair, that is to say not for women with penises. Riley is not anti trans she just wants sport to be fair.
793 days ago
I start with a 3rd anniversary which I mark HERE. Then I look at Versarien (VRS), Chill Brands (CHLL), Westminster Group (WSG) and SIG (SHI).
833 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..
834 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.
834 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).
834 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.
843 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.
848 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.
855 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:
910 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.
911 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?
960 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!
962 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.
973 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:
973 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.
994 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.
1014 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:
1020 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.
1020 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.
1050 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.
1102 days ago
On the jail tack I refer to the clear market abuse scandal at Powerhouse Energy (PHE). I also discuss Ocado (OCDO), clearly a stonking short, Versarien (VRS) and the latest utter cobblers and tripe from Ben Turney’s flip flop Kavango Resources (KAV). Ben, at least, provides a platform for some inappropriate Cheryl Cole analogies.
1106 days ago
No this is not a reference to Darren after the glitch on the earlier bullcast. It is a reference to Versarien (VRS). I explain why today’s Umbro based ramping video is just so much hooey and a sell signal not a buy one. Then it is onto young journalists and the problems they face, Jamie Nimmo eulogising Dan Wagner with some PR puffery in the Sunday Times. Finally why Avacta (AVCT) is such a compelling short.
1110 days ago
I start with half term trespassers of whom there seem to be many here in Wales. Then it is onto Verditek (VDTK) and why AIM Regulation’s failings matter, Audioboom (BOOM), Versarien (VRS), questions about revenue recognition at Andrew Monk’s VSA Capital (VSA) and finally Moonpig (MOON). The prize Versarien contest mentioned is HERE
1127 days ago
Both Canadian Overseas Petroleum (COPL) and Argo Blockchain (ARB) have featured here as shorts. Let’s start with the undoubted success.
1128 days ago
I struggle to remember why I should remember 2nd February. Then, with Kefi Gold & Copper (KEFI) shareholders again jamming my email in box with pointless emails, I squeeze in time to discuss Purplebricks (PURP), Canadian Overseas Petroleum (COPL) where Lucian is – sensibly – adding to his short, Cineworld (CINE), Vast Resources (VAST) and the daft economically illiterate suggestions about extra windfall taxes for Shell (SHEL) and Centrica (CNA).
1132 days ago
I start with walking to school with Joshua in the snow then cover being an insider (Kefi and Skinbiotherapeutics) and what it actually means. Then Mode Global (MODE), ouzo on my cornflakes again, folks were warned, Red Rock Resources (RRR) and its comical broker note, and finally today’s trading statement from Boohoo.com (BOO)
1169 days ago
I start with a little joke about the weather and global warming. Then I discuss Tern (TERN) and Purplebricks (PURP).
1170 days ago
First it was Viceroy Research savaging Home REIT (HOME), now Boatman Capital, the entity that exposed Babcock (BAB) and Argo Blockchain (ARB) has joined the battle. It claims to be long not short but its letter to Home below is damning and makes it clear that heads need to roll. Enjoy.
1198 days ago
Reader Ouzo man is brave enough to be short of Versarien (VRS) historically this has been a wise move but the shares have surged in the past couple of weeks to 21.5p from a low of c13p.
1204 days ago
I am still being pestered by my fellow Kefi Gold & Copper (KEFI) shareholders for reasons I cannot fathom. Some of them are delusional. I then turn to Microsaic (MSYS) where a statement on related party deals is needed pronto. Then onto AO World (AO.) where I do not buy into today’s rally before onto why Jim Mellon’s Condor Gold (CNR) is actually a short after today’s second attempt to put it up for sale.
1205 days ago
There is a film in which my Great Aunt starred where there is singing in Welsh. She is the lady on the right in the first scene below. Anyhow I start today’s podcast singing to you in Welsh for reasons I explain. Then it is onto Carson Block and Pantheon Resources (PANR), Carnival (CCL), BSF Enterprise (BSFA), Tern (TERN), nanosynth (NNN), Versarien (VRS) and the comedy at Deliveroo (ROO) which still has to be a short does it not?
1205 days ago
What am I missing dear readers but surely a company that sells extraordinarily expensive personalized greeting cards and a range of gifts in Britain and Holland must be at risk of a slowdown in discretionary consumer spending? I refer to Moonpig (MOON), a company whose valuation discounts no such slowdown so ahead of interims on December 7 should you go short?
1209 days ago
Still there are fools who think that Cineworld (CINE) shares have value. They do not. This looks like a slam dunk zero after documents published late last night in the latest round US Chapter 11 hearings. What follows is an idiots guide as to why any holders should sell and anyone who wants a free Christmas bonus should add to/open a short at 6p. Here goes:
1216 days ago
Have a great bonfire night tonight. In today’s podcast I discuss DFS (DFS) in great detail – it looks like a cracking short. Then Deepverge (DVRG) where Gerry Brandon needs to SMTM and finally Revolution Beauty (REVB) which will be either a zero or a penny stock but not until after Christmas.
1244 days ago
It has been a stockmarket darling for years but plant hire group Ashtead (AHT) is a short at a current 4230p share price, around £19 billion market cap, and here is why.
1285 days ago
Next time TUI (TUI) threatens to go bust the German Government will be in no position to bail it out given how many other large German companies will be on their uppers by this winter. So says Lucian Miers who is short of the stock in a material way.
1299 days ago
The IPO of Procook (PROC) last November was one that I explicitly warned you about. That offer was at 145p. The shares are now 40p but CEO Daniel O Neill really is the most almighty spoofer, his share buying of late is a red flag in itself, an invitation to go short.
1302 days ago
I should declare that I am a shareholder in this company. I bought 1 share a few years ago so that I could attend its AGM to quiz the management on the catalogue of lies they had told to investors. Then covid struck. On a properly regulated market Advanced Oncotherapy (AVO) would have been given the order of the boot years ago, but this is AIM.
1314 days ago
After Fevertree’s (FEVR) recent profits warning, Lucian Miers says that he has closed his short. Not that he expects the shares to surge higher just that he sees greater opportunities out there for the teddies. I am not so sure.
1319 days ago
It is hard to imagine a more perfect storm than the one that now faces Cineworld (CINE). I know that myself and Lucian have been telling you to short it for some while and you will be well in the money if you have followed that advice with the shares now just 21p. But that is 21p too high and so it is not to late to open a short or to add to your position.
1359 days ago
As we marched on Saturday, the Rogue Bloggers discussed this and that. As he sobered up, even Lucian Miers joined in the conversation, and asked whether he should short Avacta (AVCT). The answer is yes, and here is why.
1359 days ago
On February 18, I generated industrial-scale abuse (of me) from anonymous internet warriors. All I did was suggest Shield Therapeutics (STX) as a slam-dunk short, at 25.5p. The savants insisted, as is usually the case in such circumstances, that I didn’t understand the maths, and should go back to working in a pizza store, etc, etc, etc. The shares are now just 14.6p, and the final collapse is almost upon us. Add to your shorts. Let me explain.
1385 days ago
At 4.05 PM yesterday Amigo (AMGO) announced that the High Court had approved its reconstruction and revised new business scheme. With the FCA having withdrawn its opposition to the scheme, following revisions, that was no shock at all. And seeing the shares fly to 9p at the open was also no great shock given the utterly insane ramping by Bulletin Board Morons and others of this Parish who should know better. But the shares are now back at 7.5p and are a fabulous short.
1387 days ago
Fevertree (FEVR) has issued a trading update, which seems to read well, but the shares are down and will fall further. Let me explain.
1388 days ago
Lucian Miers’ (the bear raider) top three UK short positions are:
1448 days ago
In today’s podcast I look in detail at Deepverge (DVRG) whose CEO Gerry Brandon is a 100% arse and whose most recent RNS is utterly deceptiive. I also look in detail at musicMagpie (MMAG) where a placing will be messy but is a slam dunk cert if the Fat Lady is not to make an appearance and at Cineworld (CINE) which remains a slam dunk short.
1478 days ago
Are shares in Hurricane Energy (HUR) overvalued at 7p,amarket cap of £141 million. On fundamentals, you bet. But…is it a stock to short. I asked the question to the Professional Northerner Bear, Waseem Shakoor whose expertise includes the study of small oil plays. Waseem says:
1478 days ago
Small stake-building by a French Covid tester in Novacyt (NCYT) saw its shares surge yesterday and that prompted jumps across the sector. Over in Bulletin Board Moron land the talk was of merger mania sweeping the sector. I hate to disillusion you guys …
1493 days ago
Without making a specific call, analyst John Roque makes gutsy bold points worthy of note and the short equities/long gold long energy stocks short tech thesis is at the core of what Roque says.
1493 days ago
Lucian Miers and myself have repeatedly called out Cineworld (CINE) as a compelling short and those who have followed our calls have prospered. But the FT, the home of almost every wrong call in history from backing the UK joining the Euro to selling its gold in 1997, runs a story “Cineworld debt pile set to save cinema operator from bankruptcy.” You might think this is a reason to buy. Au contaire. A resting banksta writes to me to explain.
1496 days ago
I start with Hitpiece – the latest NFT scam. Aren’t all NFT’s scams? I discuss the ephemeral nature of contemporary music as an asset class. Then onto Amigo (AMGO) where – with the shares surging – it is surely ‘a mega’ short. Then it is onto regulatory and ethical failure at Braveheart (BRH) and Chamberlin (CMH), the common links being the scumbag Trevor Brown and the scallywags at Peterhouse Capital. Then on to more regulatory failure at Chill Brands (FRAUD) before I take along look at UK SPAC (SPC) and all who sail in her. Finally a few words on Optibiotix (OPTI) where I plan to catch up with Steve O’Hara later today.
1502 days ago
I start with a few words on Oxford Cannabinoid (OCTP).I have not said fill your boots nor should you. The issue here is management allegedly lining their own pockets ahead of corporate action which they know all about. One should not buy shares in such companies. Then I reflect on an excellent piece by Maynard Paton on Cake Box (CBOX) which you can read HERE. I comment on some of the excellent points he makes but add in half a dozen of my own, notably comparing boasted net cash and net interest costs but also the shameful CEO pump and dump and the macro headwind given the demographic of its end user base. This is probably not another Patisserie Valerie but at 320p it is a stonking short.
1537 days ago
This is a market where being short can be exceedingly painful. As Gabriel Grego found out the other day, even what appear to be slam dunk frauds can roof it. This is what happens at the fag end of a bull market. But in the UK, I sense that there is now real ennui among investors, both institutional and the spivs at the bucket shops, when it comes to placings.
1596 days ago
Since, a few weeks ago, Matt Earl launched his first bear dossier on Civitas Social Housing (CSH) its shares have fallen by 25% to 91p. The company did issue a response to the first dossier published by the bear raider known as “the Dark Destroyer”.
1614 days ago
Tomorrow, I shall tell you about a young man in despair, naming no names but what it says about this country. Today, I look at Powerhouse Energy (PHE) options and warrants, Zoltav Resources (ZOL), Sensyne (SENS), Supply@ME Capital (SYME), Parsley Box (MEAL), Deepverge (DVRG) and Chill Brands (CHLL).
1625 days ago
Two or three weeks ago I clambered off the fence and explicitly told you to short Eurasia Mining (EUA) at 28p. The shares are now 23.6p in the middle. So far so good for we bears but the company is still valued by the market, on a fully diluted basis as there are loads of in the money options, at well over £700 million which is insane. A placing announced yesterday is the cue to add to your shorts.
1646 days ago
On each of the four there is borrow and Lucian is short. There is a 5th where he has a small short but borrow is hard to obtain. I go through all five and explain why they will all see a share price collapse if not a total wipeout.
1737 days ago
Even in these crazy times when shares in insolvent frauds go up, some things just have to be a slam dunk short. The good news with this one is that there is borrow. Lucian Miers is already short so I suggest you join him in taking free money off morons who are buying Tern (TERN).
1858 days ago
In today’s podcast, I look at Iconic (ICON), Eden Research (EDEN), Supply@ME Capital (SYME) and Zoetic (ZOE). I also look at macro madness in UK short caps and look at what happened in 2001 and 1721, both of which were very similar to today.
1883 days ago
The big tech stocks have led the US markets ever higher and valuations as a whole for this subgroup look, to me, to be stretched. But I have been saying that for a while so you may choose to ignore what follows. However, while I have compared shorting such enterprises to standing in front of an oncoming express train waving your red flags, is there now a case for shorting Twitter? At $47.42, the market cap is $37.8 billion.
1885 days ago
Today’s expose of Iconic (ICON) is shocking and shows that Dave Sefton is again getting shareholders in a PLC to takle the equity risk for his private ventures. I explain the pattern and what Damon Heath at Shard Capital needs to do about this on Monday. This has got to stop now. Then I look at the religious cult members Evil is tackling with his Tesla short and how it will play out. I start with my act of lockdown defiance today which has confifrmed to daughter Olaf what a boring old man I have become.
1966 days ago
I ponder this grave question after considering the illogical hateful restrictions we face in Shipston next week. In another podcast I raise the possibility that Donald Trump might win on November 3 because of factors the deadwood press and BBC opt to ignore. All is explained HERE. Then I discuss three sets of builders here at the Welsh Hovel who must be starting to dislike me. Then it is onto Centamin (CEY), Bidstack (BIDS) and Network International (NETW) – a £1.5 billion short?
2082 days ago
After yesterday’s bombshell I understand Elecosoft (ELCO) has threatened legals. This, as I explain, is a sure fire sell signal. I discuss Intu (INTU) – ouzo time for me – and the forthcoming banking crisis ahead of which Metro Bank (MTRO) is one sure fire short. And I look at Tomco (TOM) urging it to come clean on its true financial position.
2123 days ago
I have written of the risks to the shorter several times here of late. Indeed, I explicitly warned against going short at what turned out to the bottom of the recent market correction. Forgive me for reminding you of that call! And given the unprecedented Government intervention in our affairs which smacks of market manipulation I am reluctant to consider new shorts. However:
2144 days ago
Apparently, last night the BBC aired a celeb packed fund raiser, its Big Night In. It was another occasion when multimillionaires urged we poor plebs to hand over our hard earned cash to a “good cause”. This time it is Coronavirus or rather the fight against it. My own views on Covid 19 are clear, I regard it as the biggest policy blunder in British History driven by utterly crazy GroupThink. But I digress slightly.
2144 days ago
I view St James Place (STJ) as a long term short since it has always and continues to provide a truly appalling service to its customers. You can fleece punters to reward staff and shareholders for only so long but eventually you reap what you sow and for me that makes this company uninvestable. The Dark Destroyer offers up a more detailed financial analysis of why his Shadowfall fund is short. Enjoy
2178 days ago
It strikes me that having a big short position right now might be a tad unwise and indeed smart bears are closing many positions. Do not get me wrong, I think that the medical and financial crisis has a good way to run but none the less there are very real dangers in being short. Having said that I suggest to you two stocks where if you are not short yet, you may wish to open a position. I also urge you all to keep safe and stay well.
2259 days ago
During the first seven days of Christmas each of the team will serve up two share tips (buys or sells). I will serve up 4. That makes 20 in total. Enjoy our share tips of the year 2020. Sixteenth up is a SELL from Lucian Miers who is short of the shares in the company below.
2262 days ago
During the first seven days of Christmas each of the team will serve up two share tips (buys or sells). I will serve up 4. That makes 20 in total. Enjoy our share tips of the year 2020. Eleventh up is a SELL from Lucian Miers who is short of the shares in both of the companies mentioned below.
2263 days ago
Over the next week or so each of the team will serve up two share tips (buys or sells). I will serve up 4. That makes 20 in total. Enjoy our share tips of the year 2020. Second up is a SELL from Peter Brailey who owns no shares in the company below and is not short.
2401 days ago
In today’s (long) bearcast I look at Burford (BUR) asking questions of bulls and bears, at Thomas Cook (TCG), surely a slam dunk short at 8p, at Cabot Energy (TOAST), ADM Energy (ADME) and finally at Seedrs where the PR bird is trying to bully me into publishing a falsehood. She is picking on the wrong man. maybe she confuses me with the spineless financial illiterates and PR cocksuckers at the deadwood press?
2468 days ago
I start with a few reflections on D day from my own family history. Then I look at Neil Woodford and what needs to happen.Then at unfolding events at Diversified Gas & Oil (DGOC) which make it, arguably, the most compelling short on AIM. Do folks understand the scale of what is going on here? Then I cover Motif Bio (MTFB), Cabot Energy (CAB) and finally Blue Jay (JAY) another truly compelling short.
2471 days ago
I take my hat off to a chap who has created the blog Oarfish Research for he is a truly talented individual who has produced some spectacular research on £878 million capitalised ( at 126p) AIM listed Diversified Gas & Oil (DGOC). Reading Mr Oarfish’s truly spectacular analysis I can only conclude that this company is monumentally overvalued. It could be the most overvalued stock on AIM.
2679 days ago
I hinted at the short case for Accesso Technology (ACSO) a few weeks ago HERE. What follows is a far, far more detailed proposition as to why this stock is grotesquely overvalued. At 1,880p, the market cap is £512 million...
2716 days ago
In this two part series I shall explain why the valuation of Accesso Technology (ACSO) is quite simply insane. At £29.20 the market cap on the AIM Casino is £791.2 million. That is bonkers. In part two I shall look at the “interesting” way it generates profits and its dire cash generation. But let us start with sales growth for this is valued as a mega growth stock.
2924 days ago
Paul Scott is having a go at me on twitter and on the comments section here - which I publish as I believe in free speech - but I put him straight on what research means and why he is - not for the first time - applying a double standard. Come on old boy - be fair and look at the actual facts. Then I look at Vela (VELA) and what its share price says about sentiment on the AIM Casino. En passant I cover the dog Arian (AGQ) Finally a detailed look at Countrywide (CWD) - dire statement today - and where that leaves Purplebricks (PURP). Which is the bigger short? A tweet from Scott is below:
3437 days ago
There are many smaller companies on AIM that are heading for zero as they are either almost out of (other folks) cash - Avanti Communications (AVN), IGAS (IGAS) or are plain frauds like African Potash (AFPO) nor Cloudtag (CTAG). But if you are a looking for a big company with plenty of borrow that is ripe for a share price collapse look to Israeli tech stock Telit (TCM). At 278p the market cap is a monstrous £321 million, call it $400 million. That is a rum n coke.
3694 days ago
Yes that is a glass of ouzo on the lectern. In part one of my presentation (HERE) I explained why my world view and stockmarket view remained bearish. In the second part I offered up specific ways (shares to short) and general ways to make money in a bear market.
3702 days ago
On 21st December - as all normal folks were not watching - much ramped AIM casino telematics play TrakM8 (TRAK) announced the £9.1 million purchase of Route Monkey Holdings, a transaction which is nonsensical - if one bothers reading Monkey's 2014 accounts - but given that Trak's own shares are ludicrously overvalued who really cares?
3714 days ago
John Hempton of Bronte capital in Oz, was a star of the recent Gold & Bears show and is right now King of the Bears - you can see his performance HERE. I started looking at Alibaba (US:BABA) as a cracking short yesterday HERE but now bring you a Hempton article from a couple of months ago which is absolutely brilliant. Read this and then tell me if you believe a word that Alibaba claims. It is a slam dunk short. Over to the King of the Bears..
3758 days ago
Last weekend I explained HERE how the purchase of the fraudulent and grossly overvalued business of Quindell (QPP) by Slater & Gordon (SGH) earlier this year threatened the Aussie poltroons with a drowning in debt wipe-out – quite simply it is not generating any cash, thanks to Quenron. This afternoon things got worse, much worse. Thanks to Chancellor George Osborne, shares in S&G are now almost certainly heading for zero. It is now the short of the century.
In his Autumn statement Osborne unleased a bombshell on the ambulance chasing industry. I quote
3793 days ago
Circumstances change, share prices change and so ones evaluation of what is in sight as a good short always changes. Challenged by a reader I serve up my ten top shorts/sells for Christmas, with one caveat.
3794 days ago
Globo (GBO) is now the No 1 short on AIM and I explain why. Then I take a listener request - this is one off favour - and look at Messaging International (MES). Then onto LGO Energy (LGO) where I explain why the Bulletin Board morons are wrong and my target price is either 0p or 0.2p. UK Oil & Gas (UKOG) is heading down to 0.75p and I explain why. Rurelec (RUR) could well be a zero but is certainly a slam dunk sell. And then it is back to preparing my lecture for the lefty sociology students of the Mrs tomorrow "Capitalism makes the world a better place for all (Greed is Good)"
4058 days ago
The two leading bear raiders in London, Lucian Miers and Evil Knievil do not always agree but right now both have Quindell (QPP) and Avanti Communications (AVN) as their largest two shorts.
4073 days ago
Infamous bear raider Lucian Miers is of the view that the oil price is not going to spike higher in a hurry and that this is going to cause real pain across the sector. He has made money shorting Afren (AFR) where the debt looks company consuming at current oil prices but perhaps the bid will save it so Miers has closed that position. However...
4086 days ago
I endorse ETX as a spreadbetter because it allows you to short small caps in a way that other spreadbetting firms do not. I have had a number of folks saying they cannot short Quindell (QPP) with their spreadbetting firms. I have just spoken to ETX where you CAN short Quindell. So, folks SIGN UP HERE & PLACE YOUR BETS AT ONCE.
Then if you make an initial deposit of up to £6,000 to your trading account before close of play today ETX Capital will match this with a sum equivalent of 60% of what you added.
What could be simpler? – you can start right away by apply for an account HERE
* Terms and Conditions are applicable to the promotion, details of which are on the WEBSITE and there are also release criteria applicable to withdrawals.
4118 days ago
There are three reasons why IGAS (IGAS) shares are a screaming short at 56p. One is that the shale bubble is set to burst. Greed will turn to revulsion and any company that has used the word shale in release after release to ramp its shares in the good times will now suffer the backlash. The second is Andrew Austin, the CEO. He is still not telling the truth, the whole truth and nothing but the truth on his Equities First Holdings dodgy share trades. That makes the stock uninvestable until he fesses up and quits. It is only a matter of time. The third...
