05 Dec 2012 @ 02:19
I continue to regard AIM listed Pursuit Dynamics (
LSE:PDX) as a total joke of a company and the fact that it has raised another £6 million at 3p to keep the show on the road does not alter the fact. This enterprise has consistently had its “world changing” technology out for trial after trial after […]
04 Dec 2012 @ 23:46
Like a capitalist-supporting article in the Guardian or a Gordon Brown appearance in Parliament, AIM-listed IQE plc (
LSE:IQE) is a rarest of things – in its case a Welsh world leader in an economic space. The company is a leading global supplier of advanced ‘wafer’ products and services to the semiconductor industry – which then […]
04 Dec 2012 @ 22:53
Fuel cell technology developer and all round eco-green nonsense penny dreadful Ceres Power (
LSE:CWR) is not going bust. It has found a saviour. As such my target price of 0p is (pro tem ) looking a bit optimistic. For now. But are the shares really worth 3.01p? I very much doubt it. As I shall […]
04 Dec 2012 @ 02:18
AIM-listed, South Africa-focussed precious metals miner Pan African Resources (
LSE:PAF) has today updated investors on the ongoing process for its prospective Rand1.5 billion (circa. £110 million) acquisition of Evander Gold Mines Ltd. At a current 20.75p share price, capitalising the company at just over £300 million (£378 million adjusting for a prospective rights issue), Pan […]
04 Dec 2012 @ 01:42
The political class is today delighted as Starbucks appears to be caving in and agreeing to pay more tax. No doubt Amazon and Google will follow suit. My warning here is that what is going on will cost British jobs and it stinks of high hypocrisy. And yes Margaret Hodge MP I am talking about […]
04 Dec 2012 @ 00:19
AIM, Canada and Peru-listed Latin American gold miner, Minera (
LSE:MIRL) has followed last week’s publication of a feasibility study on its Ollachea project in Peru with an announcement that it has awarded a contract to begin drilling extensions of the Ollachea ore bodies from underground. This is a company I followed for a couple of […]
03 Dec 2012 @ 22:04
Maybe I am just thick but today’s news from AIM listed Gem Diamonds (
LSE:GEMD) that it is to sell its Australian mine at Ellendale has me utterly baffled. You see the price tag just bears no relation to its balance sheet value. Needless to say it is the price tag that is far lower. The […]
03 Dec 2012 @ 21:12
As you may remember, I advised shorting this AIM listed financial services group at 26.75p on 21st November on the basis that the chances of a bid for CPP (
LSE:CPP) happening were zilch. That was because I had taken the trouble to find out that the putative US bidder (Affinion) had no cash. A week […]
02 Dec 2012 @ 23:56
Most teachers are good and capable. These days there are also very well paid. And they get annual leave some of us can only dream of. I am prepared to believe that many social workers are also good folks. I do not actually have any evidence for this but I am a charitable fellow so […]
01 Dec 2012 @ 02:45
Shares in fully-listed marketing services group Creston (
LSE:CRE) have not been a good share tip from me so far. They were recommended on t1ps – the website I founded in 2000 and departed in September of this year – at a share price of 107.5p in May 2011 and hit a subsequent high of 121p the […]