The Telegraph: The unemployment rate in Britain rose above 5pc for the first time in four years, official figures showed. Private sector wage growth weakest since 2021.
Comment: The government achieves its real and only goal, via jobs and wages: more people to vote Labour.
Zenith Energy Ltd. (ZEN), the listed international energy production and development company, announce that its fully controlled Italian subsidiary, Canoel Italia S.p.A., has submitted two applications for exploration permits (permessi di ricerca) covering Italy’s two largest uranium deposits, located in the Lombardy region: the Val Vedello deposit in the Province of Sondrio (“Val Vedello”) and the Novazza deposit in the Province of Bergamo.
Comment: While we wait on potentially transformational arbitration news in coming months, we see ZEN is getting on with the day job in terms of not only its renewable energy strategy, but also the latest foray into the hot uranium space.
Tap Global Group plc (TAP), an innovative digital finance hub that brings money payments and crypto settlement services together in a single user-friendly app, announced a strong start to the current financial year ending 30 June 2026 with record revenues in the first quarter (Jul-Aug-Sep 2025), driven by continued demand for Tap Group’s services. Unaudited revenues for the period are expected to be £991,000, representing year-on-year growth of 40.3% compared to the prior year period (Q1 FY25: £706,194). This performance demonstrates accelerating momentum, representing sequential quarter-on-quarter growth of approximately 30% compared to the final quarter of the previous financial year (Apr-May-Jun 2025).
Comment: Cynics might suggest that revenues just under £1m during the greatest crypto boom ever is not a great number, something which whoever still keeps selling the stock near 3p might agree with.
Amazing AI plc (AQSE: AAI) a global fintech group specialising in online consumer loans and AI finance-related services, announced it is undertaking a disposal of 80.01% of its wholly owned Mauritius subsidiary, Amazing AI Services Ltd, to existing AAI shareholders with AAI maintaining a 19.99% passive investment for nil consideration. Following the Disposal, the Company will concentrate on its online consumer loans business. AAI said “We are excited to be providing existing shareholders a direct pro-rata shareholding exposure to Amazing AI Services Ltd, which plans to become a leading sophisticated and diversified digital asset treasury company and list on the Mauritius Stock Exchange. We are also delighted to welcome Guild Financial Advisory Limited as our new Aquis Corporate Adviser as we position the business for its next phase of growth and the exciting opportunities that lie ahead.”
Comment: The market is yet to appreciate how much the regulators here in the UK are regrouping / changing the goalposts regarding all things crypto, after leaving the stable door open this summer. Ringfencing AAI’s digital asset treasury business in Mauritius is going to be seen as both a smart and necessary move.
Shearwater Group (SWG), the cybersecurity, advisory and managed security services group, announced its audited final results for the 15-month period ended 30 June 2025. Revenue of £39.5m (FY24 (restated): £24.4m1), representing annualised growth of 29% (£41.4m prior to application of revised revenue recognition policy). Underpinned by strong growth in the Group’s Services division. Adjusted EBITDA of £2.2m (FY24 (restated): £0.9m1), up 91% on an annualised basis. Increasing frequency, complexity and scale of cyber-security threats expected to drive continued growth in the sector.
Comment: This is a performance that few can quibble with, and given the way that the shares have effectively doubled since the April lows, we are look at a situation where the market has cottoned on to the opportunity at SWG. This is especially the case after the spate of high profile hacks / data leaks at major corporates. Having kitchen-sinked one off exceptionals, the share price should resume its upward once the market digests the numbers.
Image Scan Holdings (IGE), the specialist provider of X-ray screening systems, announced a significant new contract award from a Southeast Asian customer, approaching £0.5m in value. The contract is for the supply of ThreatScan portable X-ray systems, and importantly, represents a repeat order from this long-standing regional customer. Delivery of the systems is expected to take place in the current financial year (FY26).
Comment: Although we are not talking a FTSE 100 style win, the shares being near the low of the range means that there has been a decent share price reaction to the contract news.
Blue Star Capital (BLU), the investing company with a focus on blockchain, esports and payments, noted the announcement by SatoshiPay Ltd, its investee company, that on 10 November 2025, Vortex, SatoshiPay’s fiat-to-crypto infrastructure platform has successfully onboarded its first major API partners and recently surpassed US$2 million in cumulative transaction volumes since launching. BLU said “Cross-border digital liquidity rails are moving from concept to real-world infrastructure. Vortex is set up for sustained volume growth as more partners integrate directly into our network.”
Comment: Great noises regarding Satoshi. But it feels like we have been waiting years for something big to happen both in volumes and $, and we are still only at the “getting there” stage.
Team Internet Group Plc (TIG), the global internet company that generates recurring revenue from creating meaningful and successful connections: businesses to domains, brands to consumers, publishers to advertisers, today announces the initiation of a strategic review to unlock shareholder value and provides an update on market developments in its Search and Comparison segments. From 2026 onwards, Team Internet expects to return to sustainable double-digit earnings growth under the current group structure, driven by the continued momentum in DIS, the recovery of Comparison, and the future scaling of RSOC and commerce media in Search. The Group remains highly profitable and cash-generative.
Comment: The market was clearly spooked and remains spooked by the Google rug pull at TIG, something which it will no doubt take a while longer to recover from. That said, it can be seen that TIG is keen to underline that that is now what under the bridge.
Amaroq (AMRQ), an independent mine development corporation focused on unlocking Greenland’s mineral potential, announce results from re-assayed bulk samples from the Black Angel mine, as well as the fulfilment of all conditions precedent in relation to the previously announced acquisition of the Black Angel mine. AMRQ said Re-assay confirms high grade mineralisation of zinc, lead and silver and newly identified high grade strategic critical minerals; germanium, gallium and cadmium at Black Angel mine. Fulfilment of all CP’s pursuant to the acquisition of the Black Angel mine.
Comment: It has been and continues to be something of a roller-coaster ride at AMRQ, with the company blowing hot on progress, but the market blowing hot and cold regarding timeframes, cost and deliverables. The best rule of thumb here is below 100p = uncertainty, above 100p = hopefully off to the races. We are at 91.5p currently.
Disclaimer & Declaration of Interest:
The information, investment views, and recommendations in this Zaks Traders Cafe interview are provided for general information purposes only. Nothing in this interview should be construed as a promotion or solicitation to buy or sell any financial product relating to any companies under discussion or referred to or to engage in or refrain from doing so or engage in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.
