220 days ago
I start on the Yemen and why Malcolm is almost sackably wrong on all counts, I look at oil prices and what is really driving them ( hint, look at Darren’s photo from his window today) and at gold prices and a few gold stocks I own including Kefi Gold & Copper (KEFI), Ariana (AAU) and my biggest holding, Amaroq (AMRQ)
992 days ago
I refer to this blow-off piece in the wretched Mail on Sunday, sharedealings by the chairman the next day and alleged bid interest at Audioboom (BOOM). Surely something is wrong here? I discuss the Europa (EOG) fund raise and what the real discount – not the pretend discount referred to in today’s misleading RNS – actually means for all small caps. I look at the shock DotDigital (DOTD) warning and what that says about earnings visibiity generally and would I bottom fish that one stock? Finally I ask if oil proces are close to peaking and if one might bank a few profits?
1675 days ago
I start with an admission that I am a total git. The ShareProphets Shares Conference is on 9 May (Saturday) not 8th as I had suggested. I am a git. I apologise. Please book your tickets now HERE. Then I deal with Falanx (FLX), the bearded millionaire tosser Branson trying to have it both ways, Iconic (ICON), Catenae (CTEA), my pension fund where I am si grateful to James Hay for being so useless, negative oil prices and which companies other than Nostra Terra (NTOG) will go bust and the laughable ramp at Chesterfield Resources (CHF).
2968 days ago
Okay this presentation is rather long but Art tells a good joke or two. And the message is important. If you need a higher oil price for your portfolio to flourish...don't hold your breath! Enjoy!
3125 days ago
24 hours to go to UK Investor and I am screaming at all comers, I really hate the days in the run up to the show. Anyhow (it will all be over tomorrow and I hope you have a great time. Can someone bring me a bottle of ouzo to dull the pain afterwards? On today's podcast I look at the Restaurant Group (RTN) and what its profits warning says about the economy and consumer behaviour. I look at David Lenigas associated shite Octagonal (OCT) and its rum and coke statement, Nighthawk (HAWK), London Capital (LCG), Igas (IGAS) and make a general observation about oil prices and oil stocks.
3349 days ago
So much to discuss today on the podcast. On this wet day in Bristol my life is brightened by a stream of disastrous RNS announcements. In no particular order I discuss Geong (GNG), Vmoto (VMT), Jiasen (JSI), JQW (JQW), RSA (RSA), Boohoo (BOO) - why the UK's top share blogger Paul Scott is wrong - LGO Energy (LGO), oil prices, Antrim Energy (AEY), Belgravium (BVM), Arian Silver (AGQ), Audioboom (BOOM), Proxama Resources (PROX) and in a bit of detail Seeing Machines (SEE).
3573 days ago
I am in a good mood. Why am I in a good mood? I do not know.. But I am. And thus I am well set to be beastly to everybody but I think that I have just managed a whole podcast without swearing. Let's put that down as a first but not a precedent. On this edition I discuss oil prices and Max Petroleum, Afren, Igas and Gulf Keystone. What does blood on the streets mean for this sector. I look at Scholium, Oracle Coalfields and also why I am right to be bearish and Comrade Malcolm Stacey is wrong to be bullish about equities.
To get a free copy of the book Tom wrote with Ben Turney "The 49 Golden Rules of making Money from Oil, Gas & Mining shares"sent to you today just fill in the form HERE
3595 days ago
On both civil liberties and on economics/business matters David Cameron has recently shown himself as an opportunist but not a conservative. I refer to his email snooping demands and to his obscene suggestion that business passes on a (temporary) dip in oil prices to its workers with a (permanent) hike in wages. I despair and I despise the man ever more
3598 days ago
Again I am a little late with today's podcast. Back to normal in Bristol on Friday but I have an excuse. On the agenda today, Touchstone Gold and crony capitalist Steve Berry, equity valuations, Alecto, Northern Petroleum, oil prices, IGAS ( happy anniversary to Andrew "Piggy Austin" ahead of tomorrow), Optimal Payments, LGO Energy, Enteq Upstream and Paul Scott.
3633 days ago
IGAS CEO Andrew “piggy” Austin still has not come clean on his shoddy Equities First Holdings LLC loan/share sale deal – FFS at what price is your margin call piggy? But that is the least of his woes. I reckon that the shares are worth 20p at best (see HERE) but now even his own house broker Canaccord ( yes those mothers of Quenron fame) is flagging up a potential gaping balance sheet issue.
In a note out today Canaccord values the stock at 125p on the basis of a $90 oil price. Wakey wakey mothers Brent is trading at $65 so given the massive operational gearing your research is just bog roll. Why don’t you bring back Kevin Ashton as head of research to get the moneys you employ as analysts to produce something worthwhile? But buried down the note is a section on oil prices.
