Pcf Share Discussion Threads

[grlz] 19/6/2012 13:27

buying interest today

[grlz] 15/6/2012 22:27

knowing - double edged sword, yes they can and do lend direct but if the banks have cheap credit from the BoE it lowers the risk of lending wholesale to the likes of PCF & IHUK etc who have lower cost bases to relend more effectively to SMEs

Banks get a good deal plus a distribution channel

[knowing] 15/6/2012 16:08

The reluctance of banks loaning to SME's is good for PCF

[grlz] 15/6/2012 12:36

Government stimulus should help free up credit lines for the likes of PCF given how companies like this fund the SME sector.

[knowing] 15/6/2012 09:29

The offer has now moved up to 4.45 so should see this move on the next buy. So nice for the seller to offer such an opportunity.

[knowing] 15/6/2012 09:09

25K available but thats it.

[grlz] 14/6/2012 13:36

Finals are a couple of weeks off - last year was good, expecting PCF to build on that this time round. From last year...

31 March 2011 Final Results

Overview

-- Profit before tax of GBP455,336

-- New funding facility of GBP7 million

-- Heads of Agreement signed for the acquisition of a GBP6 million portfolio of finance receivables

-- GBP106 million portfolio of receivables continues to perform well

-- New business advances totalled GBP40.8 million for the period (2010: GBP43.4 million)

-- Shareholders' funds increased by 18% to GBP7.9 million

-- Net Asset Value per share increased to 15.0p (2010: 12.7p)

PCFG's CEO Scott Maybury said,

"These results have again demonstrated the quality and durability of our business model and, in turn, our portfolio of receivables. There are some excellent opportunities available in our sector and with the aid of our new facility we intend to take full advantage of them. We expect to complete the acquisition of a GBP6 million portfolio of receivables in early July, which is a start to re-growing our portfolio of revenue earning assets and increasing our profitability. "

[grlz] 14/6/2012 13:31

given the lack of recent selling looks like the seller was cleared - current price is a bargain now

[empirestate] 13/6/2012 09:08

atleast the share price is going in the right direction. when are the stats plse?

[knowing] 12/6/2012 14:05

grlz regardless if it is a bargain if you cannot buy then there is no market.

[grlz] 08/6/2012 16:12

its a bargain!

[knowing] 08/6/2012 15:55

Well cannot buy more than 1K online

[knowing] 07/6/2012 13:39

Potential for updates to the Broker notes and a flurry of buying once the results are out. Good time to take a position ?

[grlz] 30/5/2012 12:13

at current prices when this moves it will motor imho

[grlz] 30/5/2012 12:08

10p a share in that case as it would be doubtful they could pay a lower price based on eps than the board of BWE did when they MBOed Bristol & West Bridging

[blobby] 30/5/2012 10:42

Or... management want to do a buy out in which case they will make sure the results have lots of provisions for all sorts of things making the figures look terrible, driving the price down.

[grlz] 29/5/2012 12:26

profits may out perform but even if they remain within expectations PCF could announce a dividend now new banking lines have been secured.

[empirestate] 29/5/2012 08:28

certainly gone quiet here. finals at the end of June so only four weeks to go for an update

[tez123] 27/5/2012 21:54

Knowing - you still in here?

[solarno lopez] 26/5/2012 06:34

Thanks for your comments GRLZ appreciated and fully agree

[grlz] 25/5/2012 22:22

sol - at these prices the shares are looking better value than PCFB's

If you have faith your PCFBs will be redeemed you should take a punt on the shares at these levels. The NAV is looking like a one way bet imho

[solarno lopez] 25/5/2012 16:51

I have been a holder for many years including a significant holding in the former PCFA and current PCFB but I ask you to to explain your comment or are you simply starting a ramp as most tend to do with stocks of this type

[knowing] 25/5/2012 16:12

You don't think there is value here then solarno? Maybe you need to do some research.

[solarno lopez] 25/5/2012 16:07

And what value is that KNOWING