Manx Financial Share Discussion Threads

[34simon] 02/10/2012 10:40

Spiking, had a quote at 4.67p but only for 18k so refused it, that now might make
a few bob.

[castleford tiger] 02/10/2012 09:01

5.9p to buy 50k

very well bid. Could close at 7p

tiger

[value viper] 02/10/2012 08:09

mentioned in bold in Market Report Daily Mail today - they love pushing the tiddlers in there ?! Won't argue though.

[castleford tiger] 01/10/2012 22:00

I think 10p is very doable in a year .
tiger

[che7win] 01/10/2012 16:53

Taken 30,000 today, think they are undervalued under 10p.

The headcount reduction should slash costs going forward.

[gears] 01/10/2012 10:23

Good to see some confidence returning.Lets hope the new boss can increase market share over in the UK.I think leaseing could be a growth area.Time will tell but the UK buy may come good.

[lufc5] 01/10/2012 10:13

My re-entry @ 4.1p aint looking too bad.
Not as good as Tigers @ 3.6p tho.....
;o)

[value viper] 01/10/2012 09:53

lovely jubbly

[castleford tiger] 30/9/2012 11:10

Holding as close as you can get to 3%.

It will come right.
I expect further movement monday.
Tiger

[gears] 28/9/2012 19:06

Tiger nothing to laugh about for MFX shareholders.You should know if your still holding.

[value viper] 28/9/2012 16:43

agreed; I'm not talking about #12,500 worth either !

[castleford tiger] 28/9/2012 16:38

Gears

You having a laugh?

Mellon cannot buy anymore do you know how many he has?
Maybe the non-exc guys but come on.

Anyway 10p here we come

tiger

[gears] 28/9/2012 16:19

We need to see more Directors buying 2's a good start but these guys all need to show their commitment.Look at their wages for a loss making AIM stock.

[lufc5] 28/9/2012 15:58

2 x director buys.....and happy to be paying 5p.

[lufc5] 28/9/2012 15:30

Taken a few here today. Been watching and with around £23k just bought, also ticked up on no apparent trade.....will there be more delayed buys to show up today....Results looked good for the short-med term too.

[castleford tiger] 28/9/2012 14:56

5p trade showing

[castleford tiger] 28/9/2012 14:55

500K GONE through at 5p..............

tiger

[gears] 28/9/2012 14:43

Maybe we have hit the bottom and the share price will rise over the next few years.I am waiting for the RNS Director buys.Meanwhile I will hold.

[value viper] 28/9/2012 12:08

A new thread created, welcoming ongoing comment for hopefully steady improvement in the price going forward. Good luck to all investors new and existing.

[value viper] 28/9/2012 11:45

new thread for hopefully an improving prospect now ; this one is over 3 yrs old and thus far brought no fortune

[value viper] 28/9/2012 11:44

from today's interim update :

Manx Financial Group PLC (MFX.LN), a financial services Group which includes Conister Bank Ltd., Conister Card Services Ltd., Edgewater Associates Ltd., and ECF Asset Finance PLC, Friday reported a widened first-half pretax loss but said and the second half will show an improved performance as it continues to grow the loan book and reap the benefits of a reduced cost base.
MAIN FACTS:
-Net interest income for half year ended June 30 2.55 million pounds (2011: GBP2.19 million)
-Profit before specific items GBP92,000 (2011: loss GBP120,000)
-Loss before tax GBP572,000 (2011: loss GBP357,000)
-Loss per share 0.64 pence (2011: loss 0.40 pence)
-It is expected there will be a significant reduction in non-recurring specific items in the remainder of this year.
-Outlook of the Group looks increasingly positive with net interest income being on target to exceed 2011's full year result.
-Cost base is also falling with personnel expenses seeing a significant reduction; most significant non-recurring costs have already been borne.
-To support organic growth, Company will introduce further incremental regulatory capital, of which GBP1.2 million was received by July 31.
-Board will also continue to review potential loan book purchases and businesses that operate in profitable niche sectors for acquisition.
-Group is scheduled to become self-sufficient in its capital requirements during 2013.

[gears] 28/9/2012 11:15

The new man seems to be making things happen. A lot more leasing now in the UK so diversification may pay off.I have held & would like to see Director buying to take these off the bottom.Its the least they can do after losing investor confidence.

[value viper] 28/9/2012 10:31

u reckon that's poss tiger - let's see ; 10p hopefully a realistic prospect in time (no ramp intended); first target is a move back up thru 5p for me; would make the graph look a whole lot better.

[castleford tiger] 28/9/2012 10:04

Yes looks much better. A profit Of 1 million next year?

Tiger

[value viper] 28/9/2012 07:49

headcount reduced by half ; good for shareholders in theory (costs); best read from co i can recall; have we finally turned now ? got to see directors step in havent we ?