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Share Name Share Symbol Market Type Share ISIN Share Description
Pcf Group Plc LSE:PCF London Ordinary Share GB0004189378 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.50 6.0% 26.50 26.00 27.00 26.50 25.00 25.00 145,737 16:28:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonequity Investment Instruments 34.5 8.0 2.7 9.8 66

Pcf Share Discussion Threads

Showing 3826 to 3849 of 4025 messages
Chat Pages: 161  160  159  158  157  156  155  154  153  152  151  150  Older
DateSubjectAuthorDiscuss
25/10/2019
14:39
The PCF presentation from our recent Manchester company seminar can be found in our members area here: hTTps://sharesoc.ning.com/xn/detail/6389471:Comment:54242 To access the presentation, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hTTps://www.sharesoc.org/membership/ Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the presentation (and presentations on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hTTps://www.sharesoc.org/contact-us/
sharesoc
25/10/2019
07:18
Thanks for that link carcosa :-)
cheshire man
25/10/2019
03:32
Https://www.youtube.com/watch?v=tn9y78-3uMk Scott Maybury discusses the Trading Update, commenting that they are doing much better than competitors.
carcosa
24/10/2019
12:01
Very good TS no rush to sell here :-)
cheshire man
24/10/2019
06:29
All pretty good. Reaching immediate £350m loan book target a year ahead of plan. NIM holding up, impairments staying down.....cannot ask for more than that. Slightly surprised that the new £1bn three year target has not been included from the presentation last week. PCF remains a class act, growing rapidly, but keeping a beady eye on margin and quality of lending book. Operational gearing will kick in soon and eps will take off
graham1ty
24/10/2019
06:19
Lending portfolio reaches GBP338m, trading in line with market expectation and the Azule acquisition has a very successful first year PCF, the AIM-listed specialist bank, is pleased to advise that for the year ended 30 September 2019 trading is in line with market expectations. New business originations are 51% ahead of last year at GBP223m (2018: GBP148m) and the quality of those originations has met management targets, with 74% (2018: 70%) being in our prime credit grades. Our lending portfolio has grown to GBP338m, an increase of 54% (2018: GBP219m) and is close to our GBP350m target, a year ahead of plan. Over the year, we have continued to increase our lending to the prime sector, a strategic decision enabled by the reduced cost of funding provided by our banking licence. This is aligned to our cautious outlook for the UK economy. Despite the competitiveness of the prime lending markets for business asset finance and consumer motor finance, our net interest margin has held up well in the year at 7.9% (2018: 8.2%). We continue to reflect our appetite for risk through the pricing of our lending products and our loan impairment charge remains unchanged from the 0.9% reported at the Interim stage. On 15 October 2019 the Financial Conduct Authority (FCA) announced plans to regulate the way in which some car retailers and brokers in the motor finance sector receive commission. A set of clear rules would address a lack of transparency and serve consumers better. PCF welcomes this initiative from the FCA as we believe that standardised commission rates will ensure better outcomes for customers and a level playing field for motor finance providers. We have also continued to build on our success in the retail deposit market and our deposit base increased to GBP265m (2018: GBP191m). Access to the retail deposit market plus the steps taken earlier in the year to put in place a GBP15m Tier 2 capital facility, provide our platform for continued growth. PCF acquired Azule Limited in October 2018. Azule is a UK market leader in the provision of specialist funding services to the broadcast and media industry. Azule originated GBP77m of new business in the eleven-month period (12 months to June 2018: GBP55m) and through its hybrid brokerage and 'own book' model generated fee income of GBP1m (12 months to June 2018: GBP0.8m). Our first year of ownership has seen excellent results which means that the threshold for the First Deferred Consideration Payment has been met and a GBP750k cash payment will be made in November 2019. Our nascent Property Bridging Finance venture has also had a good first nine months with originations of GBP14m (2018: GBPNIL). Scott Maybury, Chief Executive of PCF, commented: "The strategy to diversify our asset classes and income streams is proving a great success and playing an important role in growing our lending portfolio. We have made excellent progress against ambitious targets and we continue to deliver strong growth despite the challenging economic and political backdrop. While there may well be some tightening of the economic cycle over the next 12 to 24 months, given the small market share we currently enjoy, we remain confident that we can continue to grow as planned whilst maintaining our prudent appetite for risk. "We look forward to reporting our Final Results on 4 December 2019."
igoe104
23/10/2019
10:32
Trading statement tomorrow. Hopefully that consolidates the share price above 30p and shows that all is on track. It is over four months since the last trading update ( which is too long for any plc IMHO. It is therefore also four months since any new broker forecasts. Again, a catch up is long overdue GLA
graham1ty
16/10/2019
11:06
Another acquisition likely to reach 1billion.I had seen eps of 5p forecast for September 21.
geraldus
16/10/2019
10:06
I think there were concerns that the rate of growth had slowed. I spoke to an analyst of Challenger Banks and he suggested that worries over the economy, NIM and credit quality might have affected PCF. I would prefer them to be cautious, and not expand for expansions sake. I wondered whether the £350m target might be pushed out a little. Last night seems to confirm that the growth is on track, NIM is being maintained, and credit discipline remains in place. What is new is a £1bn target. In June they said £750m by 2022. Last night they said £1bn “in three years” which would be by Sept 2022. This might be a target for one further year out, cannot tell from the exact phrasing used, but even if that is the target for the year beyond the previous target, that would still be 33% growth ( £1bn vs £750m)
graham1ty
16/10/2019
09:56
Nothing to say really Graham that we haven't previously discussed. Current P/E is 13.5 and they plan to nearly triple the profits in three years.
cc2014
16/10/2019
09:39
Great posts,thanks.
geraldus
16/10/2019
09:29
Sorry, CC we overlapped. Was typing when yrs arrived. I hope the tone was upbeat ? All sounds very positive. Thanks for feedback
graham1ty
16/10/2019
09:28
PCF presented in Manchester last night. I’ve checked their website and the presentation is already up. There is a stack of new ( and I would have thought price sensitive) information. The Overview slide has been updated since the last presentation ( June 19). So, now £350m asset backed portfolio ( was £276m). £250m of retail deposits ( was £204m). £15m Tier 2 Capital facility executed ( June said “finalising221;). Staff 103 ( was 93). And they have updated NIM 7.9% ( was 8% last year); Return on Equity 11.7% ( up from 11.4%); Return on Assets 2.7% ( the same). The 2019 Achievements section now targets a £1bn portfolio within three years !!!! The Outlook section quotes Shore Capital forecasts ( not the Company’s, but still quoted freely by them) showing portfolio growth to £475m, then £600m over the next two years. Shows eps growing from 2.8p in the year ending to 3.6p then 4.5p All very positive and shows growth has continued apace, but not at the expense of NIM.
graham1ty
16/10/2019
09:23
I attended. Market expectations 2018,2019,2020,2021 Net Interest Income 15.0,22.7,30.2,39.0 Adj. Profit before tax 5.4,8.0,11.0,14.0 Adj EPS 2.1,2.8,3.6,4.5 Lending Portfoli 219,350,475,600 New target (for me) diversified lending portfolio. total £1b Asset finance £350m Motor finance £250m Property finance £150m New £150m New £100m Nothing changes my mind to do anything but hold for the next 5 years
cc2014
16/10/2019
08:40
Anyone attend presentation in Manchester last night ?
graham1ty
15/10/2019
08:42
I don't believe the regulator can impose a blanket ban on commission. What he'll do is ban a particular kind of commission: Difference in Charge, whereby the retailer gets more commission depending on the rate he charges the customer. It's been around forever on HP business from used car dealers. There's nothing inherently wrong with PCP, and it's often a bargain for the customer. The product I've been expecting to blow up for years is GAP Insurance (Guaranteed Asset Protection), which is aggressively sold by dealers who earn an excessive amount of commission.
123davidgwilym
15/10/2019
07:44
I am well aware of that as are other investors.It will mean more business for PCF now.They wiil NOT be dragged down by this.
geraldus
15/10/2019
07:33
PCPs are nothing to do with PCF. They have NEVER had or offered PCPs. PCF might get dragged down by this story, but they have NO exposure to PCPs
graham1ty
14/10/2019
00:11
Just to let shareholders and potential investors in PCF Bank know that the management team will be exhibiting and presenting at the two day Mello London investor conference in Chiswick London W4 on Tuesday 12th and Wednesday 13th November and there will be an opportunity to take part in a Q&A at the end of each presentation. These are just a few of the companies taking part... https://melloevents.com/event-mlexhib/ There will also be lots of quality keynote speakers, panel sessions and round table discussions looking at investment strategies & portfolio diversification plus sessions on.... How does a market maker work your share trades? What is undertaken in a company audit? What is hidden on the dark web? & how can retail investors get access to placings? https://melloevents.com/event/ If you would like to join the thousand investors at the event you can gain 30% discount on your ticket by entering the code ADVFN30 when you purchase your ticket.
davidosh
08/10/2019
13:33
What's the point sharesoc, the trading update isn't to the 24th October ? so very limited information is going to from the seminar.
igoe104
08/10/2019
13:21
We have a growth company seminar on the 15th October in Manchester with PCF Group lined up to present. This may be of interest to potential investors or current shareholders. More details and registration can be found here: hTTps://www.sharesoc.org/events/sharesoc-growth-company-seminar-in-manchester-15-october-2019/
sharesoc
07/10/2019
09:02
Hi all, Here's a 2 minute intro to the PCF savings division. It's not specific to investors but they do suggest where they see the market going etc. hTTps://youtu.be/0jLQrKnaeaw
macc1
07/10/2019
07:04
I don't quite understand why PCP is a selling scandal really. It gives people expensive cars at affordable prices without having to put much cash down. The terms and conditions are all pretty clear and if you get an excess mileage charge or damage the car then it's pretty clear that you have to pay up at the end.
topvest
06/10/2019
16:38
Though PCF may get tarred with the same brush. PCF do not have, and never had, any exposure to PCP loans
graham1ty
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