Good morning!
There is plenty of juicy news for us to digest today.
- Crusader Resources (LON:CAS)
- Spaceandpeople (LON:SAL)
- Aukett Swanke (LON:AUK)
- Cloudcall (LON:CALL)
- Begbies Traynor (LON:BEG)
- Yu (LON:YU.)
- Best Of The Best (LON:BOTB)
- Taptica International (LON:TAP)
Crusader Resources (LON:CAS) - this little gold exploration company is seeking to cancel its AIM admission. It was listed only in April 2018, and was suspended as soon as October.
Is this a record in terms of speed to failure? It's a shame that this kind of junk is still floating around.
Spaceandpeople (LON:SAL)
- Share price: 16p (unch.)
- No. of shares: 19.5 million
- Market cap: £3 million
Significant Property Opportunity
Spaceandpeople had a trading update only yesterday, but is back again with another update. It has commenced a tie-up with Hammerson (LON:HMSO) to provide retail experiences and (on an exclusive basis) its "Mobile Promotions Kiosks" at Hammerson properties.
No numbers are given - all we know is that it's a multi-year contract. The company has made plenty of announcements like this before. While it's hardly bad news, my assumption is that this announcement does not mean a dramatic change in the company's fortunes.
Aukett Swanke (LON:AUK)
- Share price: 0.95p (-27%)
- No. of shares: 165 million
- Market cap: £1.5million
Another stock that is deep in "why are you even listed?" territory.
You might equally be asking "why are you even writing about it?"
This is a stock where I lost a significant amount of money, having been attracted by a superficially cheap valuation several years ago. I learned several lessons from it, so I'm intrigued to see the eventual fate of the company.
It turns out that FY 2018 results from this architectural group are a disaster and yet they could have been even worse, if the company's management of its costs and its cash balance had not saved it.
…