Penny Stocks News

I have been a market reporter. I know how it works. Someone you know calls you with what seems like a good story. You run it. Your team is on the box that night. You file your article. Good job. But just occasionally you are being played. The question is by whom? And unless someone […]

Sefton (LSE:SER) groupies are terribly excited that Mohammed El Fayed has picked up 15 million shares (just over 3%) of their company. Er up to a point. And it makes no difference. The stock is worthless. My target remains 0.1p and it is a stonking short. Here is why. The shares have actually been picked […]

I first recommended shares in AIM listed Staffline Group (LSE:STAF), a provider and manager of industrial workforces which operates from more than 190 locations in the UK, at 77.5p in March 2010. The payment of a 3.1p per share interim dividend on 9th November – as declared in the company’s results for the first half […]

I initially recommended shares in Elektron Technology (LSE:EKT), a designer and manufacturer of precision engineered components for connectivity, instrumentation, monitoring and control, in April 2011 at 37.25p as the company looked be recovering well from the impacts of recession and customer de-stocking. The shares initially performed well – hitting a high of 45p in the […]

I have time and time again asked questions about the utterly misleading statements issued by AIM listed penny share dreadful Sefton Resources (LSE:SER) about its output in California. It seems that the company just cannot help itself because we now have proof that what it said about September data is misleading. Is it time for another […]

I first recommended shares in Gable Holdings (LSE:GAH), a European non-life insurance company underwriting a range of specialist commercial sector policies, in July 2006 when the shares traded at 18.5p. This has been something of a slow burner – the shares having commenced 2012 trading at just above 22p. However, they have moved sharply higher […]

Today I give my moronic bulletin board critics – notably mad and bad Bob Burnard –  the opportunity to comment on my September 2009 recommendation of shares in AIM listed staffing and outsourced support services company Impellam Group (LSE:IPEL). I first recommended shares in the company, which primarily operates in the UK and North America […]

And so the screwing of Private Investors in AIM listed gold miner Shanta Gold (LSE:SHG) is completed. The company has today announced that it has raised $35 million (£21.8 million) in its bookbuild placing announced yesterday at 17p. The new investors will own 38% of the equity. We plebs have been rogered, we feel sore […]

I timed my original (June 2007) recommendation of shares in international recruitment group Empresaria (LSE:EMR) badly. This tip, at 169p has been an unmitigated failure and for that I apologise. The macro economic backdrop has not helped but there have also been clear company specific issues. The shares have recovered somewhat from late 2011 lows […]

I first recommended door to door and auto credit provider S&U (LSE:SUS) at 582.5p. Following half year results announced on 26th September, the shares now trade at 910p but along the way the company has also paid out dividends of 207p making a total return to date of 92%: those who follow me have almost […]