||EPS - Basic
||Market Cap (m)
|Nonequity Investment Instruments
|Private&Comm. Daily Update: Private&Comm. is listed in the Nonequity Investment Instruments sector of the London Stock Exchange with ticker PCF. The last closing price for Private&Comm. was 26p.|
Private&Comm. has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 170,124,102 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Private&Comm. is £43,381,646.01.
|solarno lopez: PCF have had a firm base in place for sometime on which to build and they will continue to build
We can look to a bright future with an increase in the share price and dividends|
|cfro: Share price has been acting a little weak of late. Today's volume, however, is very light.
Perhaps a placing or fund-raising is getting that much closer? (for the banking license)|
|netcurtains: Come on this share price should be miles higher than this.
|topvest: The share price of the convertibles intrigues me. Jumped 50% or so on Friday. Why were they not pricing in the ordinary share rise many weeks before. All very odd. I guess they are quite illiquid.|
|topvest: Agreed - they will back them. They did de-list Westhouse Securities in a low offer though so don't expect them not to take advantage if the share price gets too low. That was a very different situation though as Westhouse was heavily loss making.|
|topvest: Share price taking off - that's your answer!|
|bdroop: Can I seek thoughts and opinion about the moment that Bank of Bermuda converts, and the potential for the share price around that time. I bought a small dollop of the ordinary at 8 pence, I keep thinking of topping up but am undecided about everyone converting and immediately selling, when the bond matures, so wonder whether I should hold on until that "plays out" as the value will be obvious to more people then, or should I grab the value now... Wittering now I realise. I keep comparing this to OPM and I think there's possibly more growth here, but more obscured by some of the above... GLA.|
|hpcg: Graham - I only hold the convertibles myself. I expect then all to be converted, for obvious reasons. But don't forget when that happens long term debt plummets. This is already in the share price; there can't be any holder who isn't aware of their existence. I certainly knew about them when I held the ordinaries.
Having said that I see you haven't researched the convertibles because they cannot be converted at any time. The conversion periods are twice per year when the coupn is payable.|
|hpcg: I'll check the Stockopedia figures but gearing is not a useful metric for financial companies so I'm not sure many would investors would look. I only hold the convertibles and their very existence will tend to hold the share price back. As everyone is going to convert that portion of the debt will ultimately become equity.|
|graham1ty: Tiswas. Think Somers do want to hold 68%. they see it as a damned good investment. I have met Somers three times and discussed the holding. Re dilution, it is not quite as straightforward: yes more shares, but the 6% coupon disappears. So, not dilutive as it first appears. Second, on the balance sheet, add back in the gross value of the Convertible and the gross asset value is far higher than u think, so again not as dilutive. When the share price was 8.5p analysts kept on comparing apples and pears, so morons at City Insights, the house research, suggested an NAV of 5.8p.....but they had divided the assets net of the Convertible by the enlarged share capital. Now that the share price is way above the Conversion price, everything can be done on a fully diluted basis.
If u post yr email address at say 2.45pm ( then delete immediately) I will send u my write up of my last meeting|
Private&Comm. share price data is direct from the London Stock Exchange