557 days ago
I start on the sacking of the Chancellor. The Tories are – deservedly – electoral toast. Not that Labour will be any less incompetent. Then it is on to MGC Pharmaceuticals (MXC) and to Premier Miton (PMI)
764 days ago
On March 4 I asked if Petropavlovsk (POG) shares could be a zero citing its banking relationship with Gazprombank as one of two reasons why it might be. On March 9, the company pooh poohed the suggestion with an RNS which, with hindsight, in light of news today, was manifestly dishonest.
1216 days ago
Facing SEC charges which will destroy its core business and should wipe out its balance sheet John Gunn’s Octagonal (OCT) is toast. But were there warning signs. Is the Pope a frigging Catholic? This site warned you time and time again about this company and also Gunn’s other AIM hound Inspirit (INSP) which is surely also a zero now.
1501 days ago
I start with my family and Coronavirus as I discuss in full HERE. then should we taxpayers bail out all businesses? Even frauds? Or the Mob? I explain why folks like our in house Euro loon J Price are so badly wrong. I then look at Laura Ashley (ALY), Itaconix (ITX) and then the oil stocks. Could oil really hit $3 a barrel? Or $10? I look at Echo Energy (TOAST), Nostra Terra (TOAST), Premier Oil (PMO), Tullow Oil (TLW), BP (BP.) and Shell (RDSB)
1712 days ago
In today’s podcast I start with how Roger Lawson wants laws changed that will shut ShareProphets down and is using Burford (BUR) as his pretext. I look at how the AIM demise of Avanti (AVN) shows how wrong Lawson is and at lessons we can all learn. I cover Providence Resources (PVR) and its dirtbag fat cat boss Tony O’Reilly Jnr, at Cabot Energy (TOAST), Mysale (MYSL) – another mark of shame for Burford’s Nomad Macquarie and for Sir Philip Green – and at IMC Exploration (IMC) which is toxic.
1718 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?
2103 days ago
Brokerman Dan has been replaced as the maps man on our Woodlarks Charity walk on Saturday. Perhaps we now know why in his former career he did not always get away. For it turns out that the walk is not 32 miles but 33. Lucian has mapped it out in full. Cripes. We now need just over £2,000 to reach our £20,000 target so if you have not yet sponsored me please do so HERE. Get us to target & I will shut up about it. In the podcast I look at IQE (IQE), Rangers FC and another date in court for Dave King, Thirsty Paul Scott not understanding what research means & wanting me not to cover Sosandar (SOS), Cenkos (CNKS), ADVFN (AFN) and Online Blockchain (OBC), Highlands Natural Resources (HNR) and Fishing Republic (FISH) which, I think, is AIM toast in waiting
2254 days ago
Oddly enough Britain's most conceited fund manager Neil Woodford has yet to agree to appear at UK Investor Show to answer some simple questions from me. What is he frightened of? I will have to go ahead with the session without him but I hope that he does not bleat on about how he had no right of reply! Anyhow, I discuss my futurology piece of yesterday and how it should be viewed if you are, like Nomates Neil, a big holder of auto related stocks. I cover BCA Marketplace (BCA), The AA (AA.) and Northgate (NTG) in this section. I also look, en passant, at another Woodford dog RM2 (RM2). Then I cover Milestone (TOAST) and finally pick up on the most excellent post on the comments section of this site by Drunken Sailor on POS Andalas (ADL)
2418 days ago
Interims from Strat Aero (AERO) today are dire. They show a company that was bust on June 30, one with zero earnings visibility and an ongoing cash burn. There is a lack profits warning and a tacit admission that a bailout placing is inevitable. I should cocoa. But even if there is a heavily discounted bailout this company is probably toast. The shares are worth 0p. SELL. This is, like most stocks promoted by the Sith Lord, Zak Mir, toast.
2589 days ago
It is just eight days to the GM of Advanced Oncotherapy (AVO) where shareholders are being asked to approve the issue of gazillions of new shares for the Bracknor death spiral. Since the alternative is going bust within weeks if not days then the result is a gimme although I intend attending - as the owner of 1 share - to ask some searching questions. But the collapse in the share price - the stock is now 31.5p mid, 30p bid tells you there are even bigger issues and that Advanced is, quite possibly toast whatever.
2698 days ago
I am utterly shattered after day three of the olive harvest - a photo article is HERE. Please note Cloudtag (CTAG) morons I can't respond to your inane tweets at once every day. Cloudtag shares have raced ahead today. I explain why and why it won't last. As with all frauds the target price is 0p. Talking of which I also discuss Advanced Oncotherapy (AVO) which seems unwilling to comment on today's bombshell revalations and African Potash (TOAST). I also look at Mirada (MIRA), Interquest (ITQ) and Aeorema Communications (AEO)
2703 days ago
Though I may have pneumonia thanks to Paul Scott, I am now safely in Kalamata looking up at the mountains where I live when in Greece and the storm clouds are ominous. So back to the stockmarket I look at Finnaust (FAM), Audioboom (BOOM), Avanti Communications (TOAST), Condor Gold (CNR), Advanced Oncotherapy (AVO), Webis (WEB) and Anglesey Mining (AYM) which is spouting bullshit today as it places.
2845 days ago
Yesterday Avanti Communications (AVN) issued a dire lack of profits warning. Having warned folks in a special 25 minute session at UK INvestor (HERE) that this one was heading for the knacker's yard, the bear community is vindicated. Our big call is looking good. But have you seen how the existing debt ( in which Avantis drowning) responded. It says the shares - down 60% to 24p yesterday - are near as damn it toast. The target here is 0p or very close to that.
2854 days ago
It looks as if shareholders will very soon hear the final grim news at Gulf Keystone (GKP). I first said sell at 180p and have been given grief all the way down. Folks can line up to apologise to me in an orderly queue. I discuss who is to blame and what happens next. Then it is onto the reason Brexit is not the real issue, there is an elephant in the room and its European but its on the other side of the channel. That takes me to the UK deficit, Cheryl and the cheerleaders and my stance on equities.
2856 days ago
I did not create this but whoever did feels kind enough to get me and ouzo in here somewhere. As I explained earlier HERE Worthington (WRN) is now toast as of Monday Morning and it is time to call in the rozzers.
2881 days ago
There may not be a bearcast tomorrow. It is all down to the arrival of the Mrs as I explain. Meanwhile I look at Gulf Keystone (GKP) and XCite (XEL). The best time to kick a man is when he is down. So says Evil Knievil. And that applies to these two oilers where events are moving fast and the shares are near enough certs to be toast already. CIC Gold (CICG) is in an even worse state and today's RNS is a shambles. The curse of boy scout mugger Stuart Bromley strikes again. It is doomed. Then I discuss what, if anything, is wrong at TrakM8 (TRAK). Then a question raised by the share price move on Friday at ADVFN (AFN).
2883 days ago
I have noted before that Zac Phillips, the oil analyst at SP Angel is normally only too kind to shite oil companies on the AIM Casino. He bends over to be nice to them and to excuse their lamentable performance. But just now and then, the inner Zac emerges. It is like when mild mannered Sir Geoffrey Howe plunged the knife into the blessed Lady Thatcher, an episode which was seen as "like being savaged by a dead sheep"
2897 days ago
We polled you on Friday asking which oil mid cap did you think would follow Circle Oil (COP) in admitting that there would be little or no value left for shareholders. Which is the next oil company to admit that it is toast. And your verdict was clear. I would say that it is probably a tight race between the gold and silver medalists in this poll. You voted:
2898 days ago
And so today, Circle Oil (COP) has admitted what anyone with half a brain cell could have figured, that it is officially toast. The question is which of the drowning in debt oil mid caps or large E&Ps will be next to fess up? There is an RNS from Gulf Keystone (GKP) today saying its bondhoders have given it another 11 days but could it be overtaken by XCite (XEL), whose shares are sliding as the clock ticks? Other oilcos in breach of loans include Trinity Exploration (TRIN) and LGO Energy (LGO) while the yield on IGAS debt suggests it is in the merde. So who will be next to admit it's toast, to use either the word "administration" or the phrase "little or no value for shareholders". Voting deadline is midnight tonight.
2898 days ago
Those dreaded phrases "strategic review" and "breach of banking covenant" should have warned you that Circle Oil (COP) was toast and I warned you often enough in bearcasts. But it today Circle has admitted that the game is up yet one broker does not get it and has published the worst note in history or at least since Cenkos & SP Angel told folks to reject the 3p bid for Petroceltic (PCI)
2921 days ago
This podcast contains bad language, please be warned. There are a couple of Isle of Man related issue and I then move onto: Snoozebox (ZZZ), Outsourcery (TOAST), Cambian (CMBN), Cobham (COB), earnings visibility and consumer spending patterns, Paul Scott, Nyota (NYO), Carpetright (CPR), Austin Reed and Falcon Acquisitions (FAL).
2958 days ago
Xcite Energy (XEL) has today announced a new reserves and resources report for its Bentley field. In three months time the company must refinance $125 million of bonds and right now net cash is sub $10 million and falling fast and it has zero revenues. Discussing the economics of a field where Xcite has failed patently to get the farm in partner needed to take it to production is like Hitler worryig about the seating plans for dinner in 1945 as Russian tanks entered Berlin. The only issue now is the scale of the shareholder wipeout. Heck, even respectable and normally cautious brokers such as SP Angel are now openly saying what I have said for an awfully long time, the smell is of toast and it is everywhere.
2996 days ago
I start with an analysis of how David Lenigas and his gophers Hamish Harris and Donnie Strang have managed to spunk £1.4 million of the £1.55 million they had to play with at Polemos (PLMO) in three and a bit years and why after today's placing this is still a POS with the toxix Jabba The Hutt odour all around it. Then it is onto LGO Energy (TOAST) and its latest disaster. Then I move onto Leed Resources (LDP), Motive TV (MTV), Golden Saint Resources (GSR) and Canaccord (CF). One suspects the great analyst Saint Kevin of Ashton loved its disastrous numbers today as the banksters had a hot date with karma. This podcast contains strong language. Lenigas is one four letter word but there are many others.
3007 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.
3007 days ago
My earlier podcast on oil was I thought very balanced but one shareholder in Gulf Keystone (GKP) disagrees as you can see in the comments section beneath that excellent Bearcast HERE. My fried you are in denial just like Comrade wildes on LGO Energy (TOAST) and those who still believe in Avanti Communications (AVN). I refer to all three stocks but Gulf in particular as I examine the various facets of this common investor trait of denial.
3008 days ago
The weekend press is full of stories of doom and gloom and dividend cuts for BP (BP.) and Shell and clearly there are a stack of smaller companies that are totally screwed and where shareholders are likely to face total wipeout. In that vein I discuss Magnolia (MAGP), Igas (IGAS), Gulf Keystone (GKP), XCite (XEL) and, of course, LGO Energy (TOAST). But is there a case for buying oil shares as a long term invester. I look at a few cases from BP down to Union Jack Oil (UJO). Perhaps there is no rush but the time will come.
3011 days ago
As the summer wears on folks like little Keith Bush at Northern Petroleum (NOP), Andy Carroll of POS Mosman Oil & Gas (MSMN), halpess Neil Ritson of LGO Energy (TOAST) and Andrew "Piggy" Austin will be looking for new jobs as their company's go tits up. The graphic below suggests that next time they might want to try serving up something customers want to pay for?
3017 days ago
Nigel Somerville has today posted a pithy explanation of a Red Flags No-one is watching O'Clock RNS from Tethys Petroleum (TPL) which shows that it is toast. But there were three killer red flags here you might have noted from way back.
3020 days ago
Today's ramp de jour is Marechale (MAC) which I debunk completely. The same rampers were active in Peer TV (PTV) - see earlier - and Glenwick (GWIK). They are scumbags. I laugh at Lenigas Cuba (CUB) have you seen the latest trade? Then it is onto Environmental Recyclying (ENRT), Octagonal (OCT), LGO Energy (TOAST), Greatland Gold (GGP), STM Group (STM), Phorm (PHRM), Quantum Pharma (QP.), XCite Energy (XEL) and Bahamas Petroleum (BPC), both in my 11 oil stocks to go bust list.
3024 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)
3026 days ago
After today's twitter harassment from Yusuf Kajee of Afriag (AFRI) I was rather reminded of the Spitting Image classic below. But it's a lie. I had a good chat with Jan Nelson of Xtract (XTR) who is a nice South African and I offer a few thoughts on his company and explain why our podcast interview will be in a few days. The it is onto LGO Energy (TOAST) and Jabba The Hutt ramping, Stanley Gibbons (SGI), Premier Oil (PMO), Independent Oil & Gas (IOG) and the China frauds. I also mention the new vehicle of Andrew "piggy" Austin of IGAS Infamy which Nigel takes apart HERE. He is not a South African but should be.
3028 days ago
I think that Koovs (KOOV) is a basket case anyway but the manner in which it disclosed information - or lack of it - this morning is disgusting and treats private investors with contempt. The Gulf Keystone (GKP ) RNS is a shocker & I have cut my target price to well below 10p. Some folks just don't seem to accept how the oil price has changed everything and I discuss why certain stocks are now well and truly toast notably Northern Petroleum (NOP), IGAS (IGAS) and LGO Energy (TOAST). I am delighted to see that Cynical Bear's articles yesterday have had some impact and comment on Corero (CNS) in detail. And then Afriag (AFRI). Its my birthday tomorrow and I have a present for Yusuf Kajee to celebrate. Incoming!
3031 days ago
I start by explaining to Zak Mir what a dead cat bounce actually means. That brings me to Golden Saint Resources (GSR). Then there is a detailed analysis of the worthless POS that is Magnolia Petroleum (MAGP), comment on why Wildes is so wrong on LGO Energy (TOAST), on Sports Direct (SDI), Premaitha (NIPT) and finally on Games Workshop (GAW) and Mysale (MYSL). I also continue pointing out why lunatics like George Ferguson the barking mad Mayor of Bristol, only serve to make retail stocks even more of an avoid.
Warning: bad language alert.
3033 days ago
I have just had a half sober lunch and explain what that means. I then move onto our champagne socialist, Guardian reading tosser of a Mayor here in Bristol, George Ferguson, and a pre lunch incident. Then onto Mobile Streams (MOS), Poundland (PLND) and LGO Energy (TOAST).
3049 days ago
On today's regular bearcast naturally I do comment on a few Jabba The Hutt stocks - notably Afriag (TOAST) as they are tanking but the main David Lenigas leaves the AIM Casino bearcast is HERE. Elsewhere I look at 88 Energy (88E), New World Resources (NWR), Rightster (RSTR), CH Bailey (BLEY), Iofina (IOF), ECR Minerals (ECR), Gable (GAH), Concha (CHA), Conroy Gold (CGNR), Petropavlovsk (POG) and Alba Minerals (ALBA)
3062 days ago
The pain killers are really starting to kick in and so I must warn you that this podcast contains some bad language. Well quite a lot of bad language actually. On the agenda are the delusional fantasists who are running both Rose Petroleum (ROSE) and Condor Gold (CNR) into the ground. There is an apology on LGO Energy (LGO) but its shares, down again today, are still toast - I discuss what a strategic review means and why Bulletin Board morons are just so blinkered...they are in love you see. Then it is onto Iofina (IOF), Quoram (QRM) and the dog Fitbug (FITB)
3071 days ago
Once again sincere apologies to Jabba The Hutt groupies for failing to pick up David Lenigas on anything in yesterday's podcast. Before you all get cold turkey, I have a few observations about Octagonal (OCT) nonsense today.I start with a look at React Energy (REAC) a trainwreck involved in green energy shite. I suggest that anyone who believes in this hocus pocus nonsense should read "The Real Global Warming Disaster" by uncle Chris. Then it is onto Anglesey Mining (ATM), Golden Saint Resources (GSR), Slater & Gordon (TOAST) and Northern Petroleum (NOP). See you all tomorrow at Gold & Bears in London.
3078 days ago
Third quarter numbers from Xcite Energy (XEL) make for grim reading indeed. At 18.5p the company is valued at £57.4 million but it could well be toast within nine months.
3080 days ago
In today's podcast I deal with reader complaints that we have not given enough coverage to the various business interests of fat Aussie share ramper Jabba The Hutt. And so I cover Lenigas Cuba (CUBA), Big Jabba's preposterous claims about liquidity on ISDX and Solo Oil (SOLO) - placing ahoy! I also look at Mosman Oil & Gas (MSMN) - more shite from poltroons from the land where most folk are descended from convicts - Flying Brands (FBDU), 88 Energy (88), Kea Petroleum (TOAST), JQW (FRAUD), Northern Petroleum (NOP), Optibiotix (OPTI) and African Potash (AFPO). I also deal with some wanker on twitter who thinks I am a sexist and wants to have a fight with me and ask more questions about market abuser Chris Oil AIM IPO car crash waiting to happen, Mkango Resources
3087 days ago
A few folks seem to take exception to my exception to state sponsored extra judicial execution. Big Big brother really loves folks like flip flop Turney. Away from that I discuss the pros and cons of death spirals ( a reader request) and there are a few jokes at the expense of fat Aussie share ramper David Lenigas. I look at DCD Media (DCD), Caza Oil & Gas (TOAST), Nu-Oil & Gas (NUOG), Stanley Gibbons (SGI), Rurelec (RUR) and Oilex (OEX) and a few other bits and bobs
3383 days ago
In today's podcast I cover David Lenigas firing Hume capital, TXO (toast I suspect), Jiasen & Gowin New ( China toast to come), Monitise (vindication almost complete after latest profits warning), Quindell (loons, toast to come) and Oxford Instruments (shoot the PR, visibility nil, bargepole).
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