16 year high

Capricorn Energy

Interest rates at 16 year high and all stock picks are a mix of 78% BUY, 10% HOLD, 12% SELL.


Top stock pick this week AVOID CAP-XX Limited by Steve Moore in ShareProphets with a tip performance of an amazing 56%.

CAP-XX is a world leader in the design & manufacture of thin, flat supercapacitors used in portable & small-scale electronic devices. Founded in 1990, CAP-XX share price listed on AIM in 2006 at 95p and is today at 0.2p.

This week CAP-XX issued this Board Changes and Grant of Share Options RNS and shares were up 131% at the end of the day but with shares still down 85% in the year, the trend is still downward.

In his article Steve Moore highlights the loss of value, loss of cash and loss of orders that have occurred over the past year and questions the positive narrative around the new Board appointments, which are all only non executive anyway.

In Stockomendation Moore is the only analyst with AVOID and there are no active short positions open.

2. SPECULATIVE BUY Capricorn Energy

Second stock pick this week is SPECULATIVE BUY Capricorn Energy by Canaccord Genuity with a tip performance of 7%.

Capricorn Energy plc is a British oil and gas exploration and development company based in Edinburgh, Scotland. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Founded in 1981, Capricorn Energy share price listed in 1993 at 27p, reached an all-time high of 2,496p in 2010 and is today at 185p.

Canaccord Genuity upgraded to SPECULATIVE BUY and raised the target price 30% to 240p from 185p.

In the same week Capricorn executed another share repurchase for cancellation, part of a larger $25 million share buyback scheme to increase value announced in this RNS. Shares to the value of $21 million have to date been repurchased. Shares are down 51% over 12 months.

In Stockomendation Canaccord says SPECULATIVE BUY and Jefferies says HOLD. There are three short positions currently open, view those here.

3. SELL BlackBird

Third interesting stock pick this week is SELL BlackBird by Tom Winnifrith in ShareProphets with a tip performance of 5%

Blackbird is video editing software used by mainstream media outlets. Blackbird listed on AIM in 1998 at 12p, reached an all-time high of 218p in 2000 and is today at 4p.

This week the AGM Statement viewed in this RNS. The article is cutting, stating 27 consecutive years of losses. Of the new product release ‘elevate.io,’ the article wonders about user adoption and is sceptical of the story told in the RNS that the hard launch was pre marketing phase.

In Stockomendation Steve Moore and Winnifrith say SELL and Malcolm Stacey says BUY. There are no active short positions open.

UK Fund Manager Short Positions
See which UK Fund Managers are betting against your investments by accessing current & historical short positions on UK companies showing you which fund manager has shorted which company and by how much.

Join Now

Think you can pick stocks? Play the June league UK Share Picking game FREE : uksharepickinggame.co.uk

Disclaimer: The contents of this article should not be considered financial advice. Pricing data correct as at 20th June 2024.