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PCF Pcf Group Plc

0.95
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
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
  0.00 0.00% 0.95 0.60 1.30 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Pcf Share Discussion Threads

Showing 5401 to 5422 of 5625 messages
Chat Pages: 225  224  223  222  221  220  219  218  217  216  215  214  Older
DateSubjectAuthorDiscuss
25/10/2022
09:32
Me, too.

All led by the Drama Queen.

It seems that she had not the least understanding of risk.

Why hasn't Sergeant resigned from this circus now she has had a look up close?

dandigirl
24/10/2022
21:39
Agree with Graham! Farcical.
hopespr1ngseternal
24/10/2022
20:00
So, in the name of remediation, you recruit staff left right and centre, build a bloated cost base.

Then have to unwind it all

Farcical

graham1ty
24/10/2022
18:51
Not sure there is a plan B. Rumours are that 60-70 staff have been told their jobs are at risk. Looks like a slow and painful wind down
maverick39
24/10/2022
12:17
Only 100k available online. Very illiquid indeed.
manual dexterity
24/10/2022
08:22
Complete radio silence.

Was there no Plan B ?

graham1ty
18/10/2022
14:02
Come on SOMERS, make your minds up for goodness' sake. How much longer do you need?
dandigirl
18/10/2022
09:19
If they can achieve asset sale, it may provide time for PCF. 80% of the equity is held quite tightly and if there are asset sales I suspect the share price could well double.
manual dexterity
17/10/2022
15:54
Agree with Graham and Dandy. Garry and Caroline have much to answer for.
hopespr1ngseternal
17/10/2022
10:53
Signing off from this thread as I can’t see anything more positive or of value here and don’t enjoy picking over the bones. Never easy to turn round a financial in these situations .
goddamitmaverick
17/10/2022
10:41
According to HL the market cap is now £4.59m. I don't know whether that is based on mid or offer but whatever.

It must be getting close to the smallest listed company on AIM.

If it loses another 90% I shall think about putting together a consortia to buy it.
Well probably not but it has crossed my mind. We shall see. Fortune favours the brave so they say.

There must be some part of PCF amongst all the issues that is worth some money.

cc2014
17/10/2022
09:08
Totally agree, Graham.

Moreover, wonder how much Moore and Sergeant are pocketing? Around £100k a year each?

Just why was she appointed to the company anyway?

dandigirl
17/10/2022
07:59
Castle Trust withdrew 18 days ago. And all we have is a holding statement.

The new, bloated PCF haemorrhages cash and, to an outsider, it does look if the Board had put all their eggs in the Castle Trust basket.

There has been no credible plan for recovery and all in the name of “remedial action”, Garry and Caroline have taken this company to the brink of collapse. To “turn around” PCF they have in fact destroyed it.

The holding RNS referred to cutting cost: the very costs that they have thrust upon PCF. Surely not what the PRA intended when the issues first came to light. About £90m ( from the peak) of shareholder value has been destroyed. Yes, two actions by previous management that were naughty ( I say naughty only, as we are told it was not criminal and David Bull is still a non Exec at a quoted company), and the remedial action has been OTT and completely destructive.

Or, Garry, tell me otherwise ?

graham1ty
10/10/2022
18:36
Up to you Maverick but the FSCS scheme should pay out within 7 days of failure - and PCF will be paying a handsome premium for their cover.

At all times, banks have to be able to provide the FSCS with a Single Customer View within 24 hours of being asked.

I imagine that PCF is able to comply with this in half the time! Richardson and Stran will be hot on this if nothing else.

All assuming PCF is paying an acceptable rate, that is.

By the way, agree that management should have had a back-up plan in place. More time is needed to do what exactly?

dandigirl
10/10/2022
13:48
Dandigirl I wouldn’t put cash into a failing bank even if gteed deposit scheme covered. Plenty of other better options . Doubt they will be paying up if no new lending.
goddamitmaverick
10/10/2022
13:24
CT wasted a lot of time but management should always have a back up plan.
Can only value on wind down now but that will depend on how quickly and efficiently it is executed , so don’t hold your breath guys. Always a chance of a last minute buyer but I suspect they would rather bid on loan portfolios only. The task then is to collapse the cost base asap.

goddamitmaverick
05/10/2022
12:22
It was a decent stock, the new management came in and did their best to ruin it imho. Lack of communication, lack of action and not aligned to shareholders imho.I don't think they could have done a worse job, but what do I know
che7win
05/10/2022
09:14
No lending volumes not reduced lending volumes

That looks pretty much like a long slow structued wind down to me.

cc2014
05/10/2022
07:24
And using the phrase “maximise shareholder value” really winds me up. The irony is beyond belief. The share price has fallen 95%. To “maximise shareholder value” you need to get it back to 25p pre suspension, or 45p, the all time high.
graham1ty
05/10/2022
07:22
Oh! My goodness. What are these people about? They are murdering PCF! New business is the way out of this mess of their making. Now, they want to stop this to reduce costs also of their making.

Please show Richardson the door, today.

They appear to be more interested in protecting themselves than getting on with governing.

What is it they still don’t know about this business after all these past many months?

There are better people than this to run modest business. Bring back Scott Maybury.

dandigirl
05/10/2022
07:21
End of lending…..beginning of wind down

Seek new capital……;how the hell in this market ?

Try to reduce cost base……er, the mind boggling cost base that you have put in place in the name of remediation ( aka business self destruction)

Board, Gary, as I have said many times, the so called “remediation” has been 100 times more destructive than the original issues. You have destroyed a perfectly good business. You boast of your experience, but added now to the list is wiping out shareholder value.

Nothing more to say…..😡;😡😡

graham1ty
03/10/2022
07:27
So, nothing from the Board, bar contempt for shareholders. The bid was withdrawn four days ago.
graham1ty
Chat Pages: 225  224  223  222  221  220  219  218  217  216  215  214  Older

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