296 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.
441 days ago
In today’s long Bearcast I discuss Kefi Gold & Copper (KEFI), Sosandar (SOS), Argo Blockchain (ARB), Ben’s Creek (BEN), Cellular Goods (CBX) and an IPO from Primary Bid and the spivs at Novum to avoid like the plague: World Chess
577 days ago
Put it in your diary now. That is ShareStock 2023. Come on Jimbo you have more than a year to persuade your Mrs to allow you out for the weekend. Courage mon brave! In the podcast I look at Audioboom (BOOM), Parsley Box (MEAL), Fevertree (FEVR) and the greed of Novum, king of the spivs Jon Bellis and Strand Hanson with 2 Standard List IPOs today. No way on earth with that structure will anyone bar the crony capitalists make money from those deals. Coke & hookers all round.
900 days ago
There are suggestions today that Chill Brands (CHLL) next bailout fundraise will be at 5p. I would suggest that this is the bull case. Rapidly running out of cash and with a business model that is a proven failure I cannot see why this business will be rescued until it is on the brink and the spivs at broker Peterhouse do a friends and family offer at 0.1p turning it into a cash shell. What is clear is that the shares will collapse as stale bulls dump and that anyone hanging on is insane. But what of the FCA?
979 days ago
Maybe I am just a dinosaur. I wrote the same sort of articles back in 2001 asking why a start up company with websites selling masturbating gnomes was suddenly worth £50 million. Of course clever young folks just said I was a dinosaur and that the world had all changed and I did not get it. These days it is NFTs and tokens. I have covered the tawdry Bixby/Edwards/Novum spivs enterprise Dispersion Holdings (DEFI) before but I challenge anyone to explain the business case of its latest investment.
1049 days ago
I shall turn to the abject full-year results and trading update from Remote Monitored Systems (RMS) in due course. Suffice to say, what is unfolding is exactly what myself and Gary Newman have predicted so many times and the shares, though down sharply today, remain on the bargepole list. The real shocker is buried in the waffle and the cashflow statement.
1185 days ago
I warned you on Friday that with the scoundrel penny share spivs at LSE Sharetalk, the house of Zak Mir, ramping away, the 3p share price of AIM shell Ridgecrest (RDGC) was insane and that even broker Peterhouse which has only last Wednesday raised £2 million (gross) at 0.6p would be vaguely embarrassed. Indeed, that seems to be the case as now the company has been forced to issue a statement.
1218 days ago
Okay, the pantomime at the theatre in Wrexham is cancelled this year along with Christmas thanks to the clinically insane leader of Wales, Mr Mark Drakeford. Instead, thanks to AIM listed Remote Monitored Systems (RMS), we are treated to a performance of a new pantomime. Chancer spivs Paul Ryan & Trevor Brown, your AIM Cesspit career is behind you! Oh no it’s not! Oh yes it is! Or it soon will be.
1541 days ago
One clown is Justin Waite from Vox Markets the other is Mr Tumble who entertains folks Joshua’s age on CBeebies. I explain the two big differences betweeen the two Justin the Clowns. I look at a classic feck up by London’s worst Nomad Roland “Fatty” Cornish. poor man, he has a lot on his plate right now. I look at Andalas Energy (ADL) what the broker coverage of Petards (PEG) shows about the cesspit in the City and I cover just wholly unacceptable executive greed at Coro Energy (CORO). I forgot to mention crony capitalist greed at Toople (TOOP), a coke and hookers event for City spivs but you can read about it HERE. I do, however, comment on NMC Health (NMC) and Finablr (FIN).
1726 days ago
I reflect on two sorts of fraudsters in the news, King conman Rob Terry HERE and chaps at Goals Soccer Centres (GOAL) HERE. I offer a cameo of life here in Greece explaining why the economy is such a joke, discuss Versarien (VRS) its latest news, the kiss of death from Zak Mir HERE, and its valuation and also comment on Optibiotix (OPTI) and the demise of the spivs at SVS Securities
1821 days ago
I explain why there was no podcast yesterday – we all have our crosses to bear. Then it is onto Plus500 (PLUS) and Bidstack (BIDS) formerly Kin Group, formerly Fitbug. Now: how about you join Adam Reynolds and Susan Dando and be a Superstar HERE
1932 days ago
In today's bearcast I bring you a hot rumour. The King of the spiv bucket shops Jon Bellis of Novum is apparently trying to raise £4 million at 10p for Anglo African Oil & Gas (AAOG). I look at Sound Energy (SOU), Andalas (ADL), delays in selling houses and in a similar vein what IFA's who have put clients into Woodford funds do next. I also look at Gear4Music (G4M) and director share buying which is a sell signal. I make a brief comment on Optibiotix (OPTI) and almost tie it in with a mother-in-law joke but resist the temptation.
2053 days ago
Below you will find shameless ramping on twitter from David Lenigas and also a link to BMD's take on the latest shameful RNS from UK Oil & Gas (UKOG) on the "Gatwick Gusher." The language used in the RNS is misleading and what is served up offers no evidence at all that the shares are not grotesquely over-valued. Only a sordid festering boil on the side of AIM such as Nomad Roland "fatty" Cornish could have signed off on this tripe. There is lso a clear signal of m ore discount placings ahead with the appointment of bucket shop spivs Novum as co-broker. that means just one thing. All is explained in this bonus bearcast as I look at the real data offered not the Leni-maths.
2065 days ago
Grossly overvalued AIM listed piece of crap Frontera Resources (FRR) is running on vapours. It has less cash than your average Venezuelan and is burning it at an alarming rate. Despite the best efforts of disgraced PR man Tim Thompson of scumbags Yellow Jersey PR and the whore blogger, Malcom “Fat Bastard” Graham Wood to ramp the stock, it has more than halved since May 1 and is now just 0.22p to sell. So what price is the looming bailout placing going to be at. You guess in our reader poll, the deadline to enter is midnight tonight:
2522 days ago
I am innundated with lunatics and spivs tweeting me that shares in PCG Entertainment (PCGE) are cheap. It is the ramp de jour among the Bulletin Board lunatics. But at 0.15p the valuation is bonkers. Let me explain.
2598 days ago
No doubt the spivs are on the ramp again but shares in Independent Resources (IRG) have dived by 30% to 0.415. That is because the stock has today on ex-rights on the open offer announced today. If you buy now you do not get to take part in a 2 for 3 offer at 0.065p! So do the maths again.
2646 days ago
Today AIM listed serial disaster story and cash guzzler Fitbug (FITB) has announced that it has raised £1 million at 0.2p. The shares have crashed to 0.19-0.2p on the news ( a fall of 26%) but if one looks at the trades you see the sordid underbelly of the AIM Cesspit in full play.
2807 days ago
Back on 15 June Highland Natural Resources (HNR) announced what was in essence a covert placing with a spiv share flipper. It was dressed up as something rather different but the failure of that spiv to issue a TR1 shows this laughable pretence up for what it is.
You will remember that DT Ultravert - a related party run by Highlands's bosses Paul - I won't answer damning questions - Mendell & Robert Price - agreed to sell warrants
2823 days ago
Old Gervais is a credible fund manager so what on earth is he doing appearing on a new video show "The spiv Olympics" produced by the LSE Asylum? Its host is Sith Lord Zak "I will do anything, tip any crap for money" Mir, guest one is some barrow boy from low life bucket shop Optiva and the third guest is an uber-spiv from the Asylum itself. So far in three days only 480 folks have watched this shite and Darren and myself are two of them. But Zak needs the money so needs the Asylum to think he has a mass audience so do your bit to assist a poor chartist.
2989 days ago
It was just five days ago that Magnolia Petroleum (MAGP) served up a gushing, ramptastic "operational update" neglecting to mention that it was insolvent. I warned you to sell then at 0.23p and here's why: today we saw a pitiful placing at 0.14p for spivs to flip which will keep the PLC lights on for just a couple of months more.
3366 days ago
The boy Moore and I do not want to seem like total spivs - we are long term investors. But....
