Pcf Share Discussion Threads

[hopespr1ngseternal] 23/5/2022 18:55

Dare say it does Dandi.

[dandigirl] 23/5/2022 17:16

Hopes: Nothing to do with Richardson and her team. It is about MH.

P.S. I think your comment says much about you.

[hopespr1ngseternal] 23/5/2022 15:49

I think this tells us more about Dandi than it does about Richardson and her team.

[dandigirl] 23/5/2022 08:24

I would not be surprised if the end of May deadline is not met.

[geraldus] 21/5/2022 07:53

Any news or rumours here.My friend the reverend is now back on medication.He has the auditors coming around to check his books and is worried about his misappropriation of church funds into PCF stock/spread bets.He tells me he thinks he has it sorted.Something to do with ghost payrolling.I frankly don't know what he was going on about.

[cc2014] 20/5/2022 13:42

Accounts scheduled last week of May

[seasidehippo] 20/5/2022 13:22

When will share suspension be lifted?

[hopespr1ngseternal] 05/5/2022 16:57

cc: FWIW reinvestment remains capped at 250k

[dandigirl] 03/5/2022 10:27

IMV if funds are needed it makes sense to raise them now given that interest rates are set to rise.

[cc2014] 03/5/2022 08:45

PCF sitting on top of the best buy tables for 3 and 5 year savings bonds. In particular the 2.75% they are offering for a 5 year bond looks a little desperate to me.

Options are:
a) they are writing lots of business
b) the impact of reducing the max £250k to £85k for individual depositors is working it's way through

[graham1ty] 03/5/2022 07:31

Whole raft of new rates available as at 29 April, on the PCF website.

Who knows what it means…..

Roll on last week of May so we know a little more……

[dandigirl] 10/4/2022 12:00

Thank you, Graham. Positive news, I think.

[graham1ty] 09/4/2022 20:54

New rates table on PCF website

hxxps://pcf.bank/savings/personal/interest-rates/

Spotted 5 yr term deposit rate in Best Buys in The Times

Looks like they taking deposits again. On the website these were launched between 25 March and 8 April, so most are hot off the press

[graham1ty] 01/4/2022 07:11

Suspended again, and hardly a murmur on here…..

Let us hope that end May means end May and we can move on. Having had multiple extensions for the 2020 Accounts, I assume PCF tried to get an extension this time round ? Though multiple uncertainties remain, the LSE hates shares suspended.

[dandigirl] 27/3/2022 11:58

Can't imagine why some are getting exercised by what was said at the AGM.

Stran also said that the reference point for these matters is the RNS and the RNS continues to be the word until it isn't.

The RNS reads:

1] The Company anticipates the publication of its 2021 audited results during the last week of May 2022 and

2] The Company also expects to publish its interim results for the six months ended 31 March 2022 prior to the end of June 2022 to facilitate a return to a normal cycle of reporting results in line with AIM Regulations.

Note the words "anticipates" and "expects" i.e. no guarantees because matters are in the hands of Macintyre Hudson to do their stuff in these timeframes.

Any shareholder not wishing to remain a holder through the suspension can sell before Friday.

This is very clear to me.

I have complained about the sound, again.

[hopespr1ngseternal] 26/3/2022 14:52

CC: am not persuaded that there is any inconsistency between the CEO and CFO. Decision making is a process. Is it not possible that the CFO was referring to the beginning of the process and the CFO to the end of it? I was unable to attend the AGM so did not hear the relevant exchanges.

[geraldus] 26/3/2022 12:35

Gave up on the AGM recording.Found it inaudible.

[cc2014] 25/3/2022 10:56

Hi Graham,

I'd love to become a new shareholder but having listened to the AGM, I won't. I just don't trust them to be open and transparent.

The answers around the timing of the 2021 accounts and the suspension demonstated this. One the one hand the CEO said this decision was taken at the earliest opportunity and yet the CFO said it had started 3 months after year end rather than 3 months before. She used the words "best endeavours" and said it was still early days in the audit process.

I do actually trust the CFO, she seems to be trying to answer the questions.

As for the comment on the Board Effectiveness Review had been very good. Well. That's part of the issue. The evidence is that the Board were not effective.


I note with a companies AGM there is often (usually) a trading update and/or some views on the future strategy or objectives. Nothing.


Finally, for the Board because you have previously said your read the BB's. Sort the sound out! My volume was on 100 again and I was having to lean into the speaker to hear some of the answers. I could just about hear, but it wasn't great. I think the issue was not actually the tech, more that some of the Board do not speak loudly or sufficiently clearly for the mics to pick things up well.

[graham1ty] 25/3/2022 10:15

Come on, someone else ask a question…..

[graham1ty] 25/3/2022 07:27

From the 2019 results:

Governance and culture

The Board plays a key role in supporting and challenging the Group's long-term strategic planning. This includes the responsibility to provide effective governance and a rigorous assessment of risk. This continues to be my focus. We completed a board effectiveness review in July 2019, and we believe the Board and its committees are working well. We have continued to strengthen this area with the recruitment of a new independent non-executive director, Marian Martin. This was in response to the upcoming changes in the UK Corporate Governance Code and in consultation with the Prudential Regulation Authority. The structure and effectiveness of our governance regime is fundamental to our success in bringing together the Group's purpose, strategy, culture and standards of conduct.