Tom

Get the latest ebook by Tom Winnifrith and Robert Sutherland Smith, 71 Years in the City, 71 Tricks of the Share Trade

By ShareProphets 3 minutes ago

Get the latest ebook by Tom Winnifrith and Robert Sutherland Smith, 71 Years in the City, 71 Tricks of the Share Trade - it is set to be published next week but you can get one of 300 free copies on pre order now. Together Robert Sutherland Smith and Tom Winnifrith have now been working in finance for 71 years - the last ten or so together. Tom wishes to stress that RSS accounts for most of that, the great value investor starting his City career at the Unilever Pension Fund the year before Tom was born. In this book they outline 71 tricks of the trade for making money from shares.

EPIC code: QPP

hot The Times, Quindell and me – a smear campaign by PR firm Redleaf Polhill accelerating?

By Tom Winnifrith 22 minutes ago

The Times Newspaper yesterday published an article on Quindell (QPP) and myself which is so palpably inaccurate but also sufficiently sinister that I reproduce it in full. If the Times pulls it in full and publishes a full retraction, clarification and apology I will withdraw the copywrite breach. I sense that Quindell’s PR flunkies at Redleaf Polhill may be behind this article as part of their job of smearing me. 

Rainbow

Even Magic Shares Sometimes Hit the Fan.

By Malcolm Stacey 30 minutes ago

The British weather in totally unpredictable. Every forecast for my neck of the woods seems to be widely out. But if the weather is hard to fathom the stock market is even more so.

EPIC code: SER

hot Sefton Resources; could it have a future?!!!

By RNS Announcements 17 hours ago

Just over a week ago, I wrote an open challenge to Sefton Resources’ (SER) board. You will be shocked to hear I haven’t received a response. Notwithstanding the cordial historical relations between Sefton and ShareProphets, I still think my idea is a good one. Sefton’s situation is so dire that only the announcement of the appointment of Hitler, the Devil and, of course, Jim Ellerton to the board could knock the share price any lower. Therefore, the company should seriously consider providing a quarterly (or better yet, monthly) set of unaudited management accounts to shareholders. This would be a radical innovation in AIM’s resource sector. If Sefton’s path to salvation is based on genuine good intent it might even persuade some long-standing bears to reconsider their opinions.

EPIC code: GKP

hot ShareProphets Exclusive; Gulf Keystone technical team returns to Kurdistan this week!

By Ben Turney 19 hours ago

I just finished speaking with Gulf Keystone (GKP) CEO John Gerstenlauer and he has confirmed that the skilled technicians required to complete the final hook up of Shaikan 10 are flying to Kurdistan from Canada this week. In Mr Gerstenlauer’s words “we are still on track for 40,000bopd by the end of the year”. Hitting this target, by the self-imposed deadline, will be a significant milestone for Gulf. The company has been criticised in the past for slippages. In meeting the 40,000bopd goal this could go a long way to proving to the market that this business is finally on the cusp of fulfilling its vast potential. Mr Gerstenlauer is clearly confident of this being achievable subject to the security situation remaining stable.

EPIC code: SXX

hot Sirius Minerals; Chairman continues to show great confidence

By Ben Turney 20 hours ago

This morning, Sirius Minerals (SXX) announced that its Chairman, Russell Scrimshaw, yesterday bought 2.1million shares on the open market at an average price of 11.75p. Worth £246,750, this is another impressive show of faith by Mr Scrimshaw, who also participated in March’s 12p placement. In total he now has an indirect interest in Sirius of 39.4million shares, roughly 2.1% of the company’s issued share capital. The question now is, is Sirius a buy?

EPIC code: REDT

Red24 plc – profit warning a reminder

By Steve Moore 20 hours ago

Shares in provider of a range of services to help organisations and individuals manage security and business risks, Red24 plc (REDT) have recently declined to a current 11.375p from 15.5p on the back of a decision of a major customer “to make changes to the products that they offer”. I review the situation in the following.

EPIC code: XAR

Xaar plc – profit warning drives lower, Edison updates its view

By Steve Moore 1 day ago

Following another profit warning last week, shares in inkjet printing technology company Xaar plc (XAR) continued to fall – closing the week at 420p. I update in the following with them now having nudged slightly higher towards 423p and on the back of an update from researcher Edison.

Stock-Chart-(Generic)

Shares Will Beat the Old Footsie Record before Christmas – I Think.

By Malcolm Stacey 1 day ago

Hello Share Shovellers: There is no let-up to the stream of anti-share sentiment on our beloved website. Everywhere I read doom and gloom pronouncements on the over-valuation of stocks in Blighty and indeed, the rest of the world. And yet the Footsie keeps on rising. Well, well, well what a surprise.

EPIC code: PER

Perform Group – takeover offer serves as a useful reminder

By Steve Moore 2 days ago

Shares in sports content commercialisation group Perform (PER) currently trade 26.5% higher today, at 257.7p. This is on the back of an announcement from the group, which said that its previous majority owner and current 42.5% shareholder is to make an offer to acquire the remaining shares in Perform, which it does not already own at 260p each. This is conditional on it increasing its holding to more than 50%. I review this news below.

Shipping

hot Encouraging bump in the Baltic Dry

By Ben Turney 2 days ago

Over the last three weeks, the Baltic Dry Index has spiked nicely higher. Currently reading at 1,147, this is still short of the 1,600 level associated with reasonable global growth, but is a market improvement on the 750 level recorded in late July. Could this improvement be a sign of better things to come for mining stocks?

EPIC code: AVM

hot Avocet Mining plays a blinder

By Robert Tyerman 2 days ago

Loss-making, debt-ridden, with production falling and assets in areas close to the Ebola epidemic, bombed-out West Africa-focused gold play Avocet Mining (AVM) has taken an urgent step to retrieve matters, by commissioning a  $7 million (£4.25 million) carbon blinding circuit. Chief Executive Officer David Cather argues this should increase monthly gold production from the AIM-quoted company’s flagship five million-oz.-resource Inata gold mine in Burkina Faso from between 7,000 oz. and 8,000 oz. to 10,000 oz. and increase recoveries from toxic ores from 40 per cent to near 75 per cent.

EPIC code: DSG

Dillistone Group – shares rise on new product announcement, a buy?

By Steve Moore 2 days ago

Having noted in its results earlier this year that “our development team has continued to develop the FileFinder product, and has delivered performance and functionality improvements since launch. The division expects to make an important product related announcement later this year”, shares in recruitment software group Dillistone (DSG) are currently approaching 3% higher, at 105.5p. This is on the back of the new product announcement. I provide an update in the following.

EPIC code: GDP

Gambling on higher gold prices with Goldplat

By Gary Newman 2 days ago

Goldplat (GDP) has been in decline since mid-2012, but now seems to have settled at its lowest point in more than five years and could be worth a look. The AIM-listed company is actually profitable and debt-free through its gold recovery businesses in South Africa and Ghana (although not overall). However the share price now sits at around 4p, leaving Goldplat with a market cap of under £7 million, a far cry from the highs of over 16p in 2012.

EPIC code: RR

Rolls Royce 1020p after the interims.

By Robert Sutherland Smith 2 days ago

A glance at the Rolls Royce (RR) share price chart shows that in the last half year it has been trading, approximately speaking, between 1000p to 1100p; a neat  10% trading range. Last seen, the share price at 1020p was getting close to that trading support level again. So is the Rolls share price going to bounce again and is the level of 1000p looking like a launch pad for further long term share price growth in due course?

EPIC code: BMN

hot Bushveld Minerals; a stonking opportunity just got bigger

By James Parter 2 days ago

Once more I find my attention diverted from Berkley Minerals (BMR) because of news from Bushveld Minerals (BMN). The wide spread on Bushveld’s share price seems to have sent Mr. Market to sleep, but that is inexcusable. The news released today is massive and if identical news was released by a company like Rare Earth Minerals (REM) then the share price would be up 30% or more. It is up 3% and this is a stonking opportunity

EPIC code: AEY

hot Antrim Energy looks a decent gamble

By Gary Newman 2 days ago

Buying a share that has spiked on hype is rarely a good idea, especially when the level of hype is unjustified, and that certainly applied to Antrim Energy (AEY). When the UK based company, which is listed on AIM and the TSX, announced the result of a prospective resources report of its 25% owned Skellig block offshore Ireland, you’d have been forgiven for thinking that they’d actually struck oil the way the share price spiked and from all the hype on the bulletin boards!

EPIC code: TSCO

Things to Checkout when Visiting Supermarkets

By Mark Howitt 2 days ago

So supermarkets have been in the news a lot lately, with Tesco (TSCO) slashing its dividend by 75%. All of the supermarket shares took a battering on Friday, with worries that Tesco’s rivals could also cut their dividends. Just on an instinctive feel, I don’t think Sainsbury (SBRY) will cut its but I do feel it may be effected when Tesco start to cut prices- it will probably have to follow suit to an extent.

EPIC code: AZN

Feel-Good Medical Shares Could Hit Higher Temperatures.

By Malcolm Stacey 2 days ago

Hello Share Collectors: There is a growing case for investing in companies, which sell or look for medical cures. I think the big British pharma companies are undervalued and worth a punt.

EPIC code: QPP

hot Official Request to Financial Reporting Council to investigate Quindell

By Tom Winnifrith, The Sheriff of AIM 3 days ago

Unusually among UK watchdogs and regulators the Financial Reporting Council is NOT a chocolate teapot. It has teeth. It will use them. And it will happily work with other agencies such as the FCA if they need to be drawn in. It is there to monitor accounts of all UK listed companies. I have today asked it to formally review the accounts of Quindell (QPP). The letter follows. 

Most read articles posted in the past 48 hours

Tom

Get the latest ebook by Tom Winnifrith and Robert Sutherland Smith, 71 Years in the City, 71 Tricks of the Share Trade

By ShareProphets 3 minutes ago

Get the latest ebook by Tom Winnifrith and Robert Sutherland Smith, 71 Years in the City, 71 Tricks of the Share Trade - it is set to be published next week but you can get one of 300 free copies on pre order now. Together Robert Sutherland Smith and Tom Winnifrith have now been working in finance for 71 years - the last ten or so together. Tom wishes to stress that RSS accounts for most of that, the great value investor starting his City career at the Unilever Pension Fund the year before Tom was born. In this book they outline 71 tricks of the trade for making money from shares.

EPIC code: BMN

hot Bushveld Minerals; a stonking opportunity just got bigger

By James Parter 2 days ago

Once more I find my attention diverted from Berkley Minerals (BMR) because of news from Bushveld Minerals (BMN). The wide spread on Bushveld’s share price seems to have sent Mr. Market to sleep, but that is inexcusable. The news released today is massive and if identical news was released by a company like Rare Earth Minerals (REM) then the share price would be up 30% or more. It is up 3% and this is a stonking opportunity

EPIC code: GKP

hot ShareProphets Exclusive; Gulf Keystone technical team returns to Kurdistan this week!

By Ben Turney 19 hours ago

I just finished speaking with Gulf Keystone (GKP) CEO John Gerstenlauer and he has confirmed that the skilled technicians required to complete the final hook up of Shaikan 10 are flying to Kurdistan from Canada this week. In Mr Gerstenlauer’s words “we are still on track for 40,000bopd by the end of the year”. Hitting this target, by the self-imposed deadline, will be a significant milestone for Gulf. The company has been criticised in the past for slippages. In meeting the 40,000bopd goal this could go a long way to proving to the market that this business is finally on the cusp of fulfilling its vast potential. Mr Gerstenlauer is clearly confident of this being achievable subject to the security situation remaining stable.

EPIC code: TSCO

Things to Checkout when Visiting Supermarkets

By Mark Howitt 2 days ago

So supermarkets have been in the news a lot lately, with Tesco (TSCO) slashing its dividend by 75%. All of the supermarket shares took a battering on Friday, with worries that Tesco’s rivals could also cut their dividends. Just on an instinctive feel, I don’t think Sainsbury (SBRY) will cut its but I do feel it may be effected when Tesco start to cut prices- it will probably have to follow suit to an extent.

EPIC code: SER

hot Sefton Resources; could it have a future?!!!

By RNS Announcements 17 hours ago

Just over a week ago, I wrote an open challenge to Sefton Resources’ (SER) board. You will be shocked to hear I haven’t received a response. Notwithstanding the cordial historical relations between Sefton and ShareProphets, I still think my idea is a good one. Sefton’s situation is so dire that only the announcement of the appointment of Hitler, the Devil and, of course, Jim Ellerton to the board could knock the share price any lower. Therefore, the company should seriously consider providing a quarterly (or better yet, monthly) set of unaudited management accounts to shareholders. This would be a radical innovation in AIM’s resource sector. If Sefton’s path to salvation is based on genuine good intent it might even persuade some long-standing bears to reconsider their opinions.

EPIC code: SXX

hot Sirius Minerals; Chairman continues to show great confidence

By Ben Turney 20 hours ago

This morning, Sirius Minerals (SXX) announced that its Chairman, Russell Scrimshaw, yesterday bought 2.1million shares on the open market at an average price of 11.75p. Worth £246,750, this is another impressive show of faith by Mr Scrimshaw, who also participated in March’s 12p placement. In total he now has an indirect interest in Sirius of 39.4million shares, roughly 2.1% of the company’s issued share capital. The question now is, is Sirius a buy?

EPIC code: AVM

hot Avocet Mining plays a blinder

By Robert Tyerman 2 days ago

Loss-making, debt-ridden, with production falling and assets in areas close to the Ebola epidemic, bombed-out West Africa-focused gold play Avocet Mining (AVM) has taken an urgent step to retrieve matters, by commissioning a  $7 million (£4.25 million) carbon blinding circuit. Chief Executive Officer David Cather argues this should increase monthly gold production from the AIM-quoted company’s flagship five million-oz.-resource Inata gold mine in Burkina Faso from between 7,000 oz. and 8,000 oz. to 10,000 oz. and increase recoveries from toxic ores from 40 per cent to near 75 per cent.

EPIC code: AEY

hot Antrim Energy looks a decent gamble

By Gary Newman 2 days ago

Buying a share that has spiked on hype is rarely a good idea, especially when the level of hype is unjustified, and that certainly applied to Antrim Energy (AEY). When the UK based company, which is listed on AIM and the TSX, announced the result of a prospective resources report of its 25% owned Skellig block offshore Ireland, you’d have been forgiven for thinking that they’d actually struck oil the way the share price spiked and from all the hype on the bulletin boards!

Stock-Chart-(Generic)

Shares Will Beat the Old Footsie Record before Christmas – I Think.

By Malcolm Stacey 1 day ago

Hello Share Shovellers: There is no let-up to the stream of anti-share sentiment on our beloved website. Everywhere I read doom and gloom pronouncements on the over-valuation of stocks in Blighty and indeed, the rest of the world. And yet the Footsie keeps on rising. Well, well, well what a surprise.

EPIC code: RR

Rolls Royce 1020p after the interims.

By Robert Sutherland Smith 2 days ago

A glance at the Rolls Royce (RR) share price chart shows that in the last half year it has been trading, approximately speaking, between 1000p to 1100p; a neat  10% trading range. Last seen, the share price at 1020p was getting close to that trading support level again. So is the Rolls share price going to bounce again and is the level of 1000p looking like a launch pad for further long term share price growth in due course?

Shipping

hot Encouraging bump in the Baltic Dry

By Ben Turney 2 days ago

Over the last three weeks, the Baltic Dry Index has spiked nicely higher. Currently reading at 1,147, this is still short of the 1,600 level associated with reasonable global growth, but is a market improvement on the 750 level recorded in late July. Could this improvement be a sign of better things to come for mining stocks?

EPIC code: XAR

Xaar plc – profit warning drives lower, Edison updates its view

By Steve Moore 1 day ago

Following another profit warning last week, shares in inkjet printing technology company Xaar plc (XAR) continued to fall – closing the week at 420p. I update in the following with them now having nudged slightly higher towards 423p and on the back of an update from researcher Edison.

EPIC code: GDP

Gambling on higher gold prices with Goldplat

By Gary Newman 2 days ago

Goldplat (GDP) has been in decline since mid-2012, but now seems to have settled at its lowest point in more than five years and could be worth a look. The AIM-listed company is actually profitable and debt-free through its gold recovery businesses in South Africa and Ghana (although not overall). However the share price now sits at around 4p, leaving Goldplat with a market cap of under £7 million, a far cry from the highs of over 16p in 2012.

EPIC code: PER

Perform Group – takeover offer serves as a useful reminder

By Steve Moore 2 days ago

Shares in sports content commercialisation group Perform (PER) currently trade 26.5% higher today, at 257.7p. This is on the back of an announcement from the group, which said that its previous majority owner and current 42.5% shareholder is to make an offer to acquire the remaining shares in Perform, which it does not already own at 260p each. This is conditional on it increasing its holding to more than 50%. I review this news below.

EPIC code: DSG

Dillistone Group – shares rise on new product announcement, a buy?

By Steve Moore 2 days ago

Having noted in its results earlier this year that “our development team has continued to develop the FileFinder product, and has delivered performance and functionality improvements since launch. The division expects to make an important product related announcement later this year”, shares in recruitment software group Dillistone (DSG) are currently approaching 3% higher, at 105.5p. This is on the back of the new product announcement. I provide an update in the following.

EPIC code: REDT

Red24 plc – profit warning a reminder

By Steve Moore 20 hours ago

Shares in provider of a range of services to help organisations and individuals manage security and business risks, Red24 plc (REDT) have recently declined to a current 11.375p from 15.5p on the back of a decision of a major customer “to make changes to the products that they offer”. I review the situation in the following.

EPIC code: QPP

hot The Times, Quindell and me – a smear campaign by PR firm Redleaf Polhill accelerating?

By Tom Winnifrith 22 minutes ago

The Times Newspaper yesterday published an article on Quindell (QPP) and myself which is so palpably inaccurate but also sufficiently sinister that I reproduce it in full. If the Times pulls it in full and publishes a full retraction, clarification and apology I will withdraw the copywrite breach. I sense that Quindell’s PR flunkies at Redleaf Polhill may be behind this article as part of their job of smearing me. 

Rainbow

Even Magic Shares Sometimes Hit the Fan.

By Malcolm Stacey 30 minutes ago

The British weather in totally unpredictable. Every forecast for my neck of the woods seems to be widely out. But if the weather is hard to fathom the stock market is even more so.

Articles posted in the past week with the most comments

EPIC code: QPP

hot Quindell – no injunction for me as threatened? Why not...because it has committed fraud

By Tom Winnifrith 4 days ago

A week last Tuesday Quindell (QPP) demanded that I withdraw all articles on it, never write about it again and sign and publish a grovelling apology in my name but written by it by 4PM that day. Failure to agree would – I was threatened lead to legal action including an injunction – a Court Order to ban me writing. I said “see you in Court bitchez” and Quindell could easily have had me in front of a judge by the weekend. Injunctions work quickly. Here we are 11 days later and no injunction has been attempted. Why not? Because Quindell and thus Rob Terry have committed accounting fraud - and indeed admitted to it - and the last thing they want is to see me in Court.

EPIC code: LGO

hot Why did David Lenigas step down from Leni Gas & Oil Board today…from the Horse’s Mouth

By Tom Winnifrith 7 days ago

The company was called Leni Gas & Oil (LGO) and was founded by David Lenigas. So when Mr Lenigas steps down from its board you do have to ask why? The Great man is on annual leave but we have swapped emails and so from the horses’ mouth:

EPIC code: QPP

hot Official Request to Financial Reporting Council to investigate Quindell

By Tom Winnifrith, The Sheriff of AIM 3 days ago

Unusually among UK watchdogs and regulators the Financial Reporting Council is NOT a chocolate teapot. It has teeth. It will use them. And it will happily work with other agencies such as the FCA if they need to be drawn in. It is there to monitor accounts of all UK listed companies. I have today asked it to formally review the accounts of Quindell (QPP). The letter follows. 

Anarchy

hot The Old Bill and Death Threats – Why do I bother paying my taxes?

By Tom Winnifrith 7 days ago

The attitude of the Police regarding my various death threats has been lamentable. I really cannot see why I should bother paying my taxes for they are truly useless.

Stock-Chart-(Generic)

Why Should you Read Articles about Shares?

By Mark Howitt 6 days ago

What’s the benefit for you in reading articles about shares? Well there are three main groups of people I can see benefiting from reading.

EPIC code: TSCO

Why I made Tesco the largest holding in my pension fund this morning

By Chris Bailey 5 days ago

Last business day of the month.  Last day of a departing CEO’s corporate reign.  Last chance to ‘kitchen sink’ the corporate earnings guidance numbers in the UK’s largest food retailer? A share price back to the level of a decade ago and a 75% cut in the interim dividend does not make pretty headlines.

EPIC code: BP

British Shares Overvalued? Do Me a Favour.

By Malcolm Stacey 7 days ago

Hello Share Pickers: The bears among us outnumber the bulls. Everyone, it seems, expects shares to fall in value. One of the growling grizzlies' most pressing arguments is that American shares are over-valued. Well, so what? Don't buy them. And sell any that you have.

EPIC code: QPP

hot Quindell Will Again Test Recent Lows

By Lucian Miers 7 days ago

Quindell’s (QPP) Interims duly arrived last Thursday and as is so often the case with this company when it attempts to reassure the market, yet more concerns were raised.  The share price has now lost all the gains in the run up to the announcement and it would not surprise me if they test the recent 140p low in pretty short order. And the ultimate target is a tiny fraction of that.

EPIC code: HAWK

hot Nighthawk looks a good buy at this price

By Gary Newman 5 days ago

Nighthawk Energy (HAWK) has had more than its fair share of ups and downs over the years, but now seems to be heading in the right direction. The AIM-listed oil producer and explorer is based in the US with licences in various parts of Colorado, and the latest update showed that during July it produced over 2,000bopd – although this was down slightly on the previous two months due to maintenance work and testing.

EPIC code: AHT

Ashtead Shares Keep Building – and the Party Is Just Beginning.

By Malcolm Stacey 6 days ago

Hello Share Grinders: Ashtead (AHT) is a go-ahead company which hires out tools and bigger gear to the building industry.What they supply will always be in demand because this kind of thing is pricey and builders, who often can only keep going by taking big loans, like to keep their costs down. Hiring the heavy stuff is a good way of doing it.

EPIC code: AFR

hot Afren suspends two more for backhanders – boy do I applaud Afren

By Tom Winnifrith, The Sheriff of AIM 6 days ago

I am currently working on exposing two well-known figures in mining who took far more than backhanders from two separate AIM listed companies. I know what they did I am just awaiting the documents to prove how they stole millions from shareholders. I will get them but one objection I get is “if we help you expose these crooks it will make ALL resource stocks look like they are run by crooks.” Au contraire and that brings me to Afren (AFR)

EPIC code: COOL

hot Continental Coal; avoid Peter Landau's disastrous fund raising like the plague

By Ben Turney 5 days ago

This morning suspended Continental Coal (COOL) issued the prospectus for its apparent A$35.1million fund raising. Existing shareholders have been warned if they don’t take up their allotments of 9 new shares for every 1 share they currently hold, their holdings will effectively be diluted to oblivion. In the simplest possible terms anyone considering putting money into this lost cause is out of his or her mind.

Crash

Saturday Reader Poll – Soaring House Prices what next – boom or bust?

By ShareProphets 4 days ago

According to the Nationwide the average UK house is now worth £186,036 – an increase of 18% during the past year.  Some like Malcolm Stacey see further increases due to lack of supply. Tom Winnifrith reckons that affordability ratios look stretched and that when interest rates rise many over-extended owners will be in trouble. What do you think?

EPIC code: GKP

hot Gulf Keystone – Why I do not give it the benefit of the doubt

By Tom Winnifrith 4 days ago

Ben Turney wrote HERE that he gave Gulf Keystone (GKP) the benefit of the doubt after its analysts presentation last week. I do not.

EPIC code: QPP

hot Buy Your “2+2 can = 5, I’m a QPP Moron” T Shirt Now

By Tom Winnifrith 3 days ago

Our second fashion release today is targeted at the #QPPSAG and other fools who do not care about accounting fraud at Quindell.  Just for them, we have another must wear fashion item for the Autumn: “2+2 can = 5, I’m a QPP Moron” T-shirt. Displayed below is the fashion accessory for Autumn 2014 in red.

EPIC code: QPP

hot The Tooth Fairy more likely to be the 41% Quindell Customer in 2011 than an unrelated 3rd party

By Tom Winnifrith 7 days ago

Our weekend reader poll asked simply who you thought was the customer who accounted for 41% of Quindell (QPP) sales in 2011 – that is to say £5.6 million. It seems that folks think that it is more likely to have been the Tooth Fairy than a completely unrelated 3rd party.

EPIC code: FAM

FinnAust ups its drilling game

By Robert Tyerman 7 days ago

Nordic nickel, copper and zinc explorer FinnAust Mining (FAM) wants to secure a second drilling rig to accelerate its exploration programme in Finland, where it is probing three historically-mined high--grade deposits in which it has controlling stakes. This is in the wake of finding encouraging mineralisation at one of its project, Hammaslahti, in the south of the country. London-based FinnAust, whose losses rose from £401,000 to £2.4 million in the year to June following a £1.2 million asset impairment charge for past unsuccessful drilling and £1.2 million of administrative expenses, ended its financial year with £1.5 million cash and can fund its exploration programme, says executive director Alastair Clayton.

EPIC code: MONI

hot Monitise plc – further alliance with IBM, but have the fundamentals changed?

By Steve Moore 6 days ago

Having fallen to 40.5p earlier this month, shares in ‘mobile money’ technology company Monitise plc (MONI) traded more than 14% higher yesterday, at 48.25p. This follows the announcement of a further extension of its relationship with IBM. In the following I review the announcement and share price move.

EPIC code: LGO

hot Should we be sad to see Lenigas go?

By James Parter 6 days ago

Yesterday was a momentous day for AIM as we saw David Lenigas depart his role at Leni Gas and Oil (LENI). Lenigas stepped aside from his eponymous company and gave way to a new number of board members. He leaves behind his legacy if only in name and maybe salaries will rise, but should we be sad or is this a great revelation?

EPIC code: EMED

EMED – Trafigura ups stake again – speculative buy

By Tom Winnifrith 6 days ago

It has been announced that Trafigura Beheer B.V. has, at 9p per share, acquired a further 30,856,481 shares in EMED Mining (EMED) – taking its interest to 259,029,997 shares (18.04% of EMED). This follows stakebuilding earlier this month  and a subsequent placing which then somewhat diluted Trafigura’s percentage interest. It is again stated today that “Trafigura has stated that it has acquired the ordinary shares for investment purposes”


71 Years in the City, 71 Tricks of the Share Trade

By ShareProphets 26 days ago

 

Get the latest ebook by Tom Winnifrith and Robert Sutherland Smith, 71 Years in the City, 71 Tricks of the Share Trade

Together Robert Sutherland Smith and Tom Winnifrith have now been working in finance for 71 years - the last ten or so together. Tom wishes to stress that RSS accounts for most of that, the great value investor starting his City career at the Unilever Pension Fund the year before Tom was born. In this book they outline 71 tricks of the trade for making money from shares.

The 49 Golden Rules of Making From from Oil, Gas, and Mining Stocks

By ShareProphets 40 days ago

 

Get the latest ebooks by Tom Winnifrith and Ben Turney, The 49 Golden Rules of Making Money from Oil, Gas, and Mining Stocks.

Iain Maitland: The Golden Rules of Making Money from Residential Property

By ShareProphets 92 days ago

Get the NEW ebook by Iain Maitland, The Golden Rules of Making Money from Residential Property. Act fast - there are only 100 free copies available ahead of publication on Amazon on Monday. Pay £10.25 then and there or order a free copy now for despatch within 72 hours HERE.

Malcolm Stacey: Armchair Tycoon

By ShareProphets 222 days ago

The classic by Malcolm Stacey is back in a new eBook edition, Armchair Tycoon. The secrets disclosed in this book are vital for anyone wanting to make a mint from the Stock Market ... the lazy way. We have just secured another 75 copies for regular ShareProphets readers. Sign up straight away for your free copy to avoid disappointment.

Tom Winnifrith ebook: The 49 Golden Rules of Making Money from Shares, RRP on Amazon £10.25 - A few FREE copies on offer

By ShareProphets 253 days ago

 

Get the NEW ebook by Tom Winnifrith, The 49 Golden Rules of Making Money from Shares now selling at £10.25 on Amazon for FREE. We have just a few free copies available for despatch this month.

 

Zak Mir: The 49 Golden Rules of Making Money from Technical Analysis of Shares

By ShareProphets 283 days ago


Get the NEW ebook by Zak Mir, The 49 Golden Rules of Making Money from Technical Analysis of Shares.. Act fast - there are only 50 (FIFTY) free copies available.

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