Final Results Due In March 2005.

http://www.cityfin.co.uk
Trades over 450,000 shares are delayed in reporting by 1 Hour.

One of City Financial Associates (CFP's) main operating goals is to bring fledgling companies to the market. With the depressed stock market over the last few years many potential clients have deffered entry to the LSE. Markets have now turned and the reality of a sucession of new floatations is growing. CFP are well positioned to enjoy the rewards that will be benefited to them in this growing market place.

Why the EXCITEMENT - will here are the reasons why I think we're on a winner.

1) My motto is when it's comes to investing there are three things. Management, management and management. With any good investment - the management should be the driving force in a company. Can they cut the mustard, are they dynamic, do they have good contacts? I think so if you read the following profile.

Stephen Barclay, Executive Chairman

Stephen Barclay, aged 61, qualified as a Chartered Accountant in 1964 with Robson Rhodes before obtaining an MBA degree from Wharton Business School in 1967. In 1989, after a career during which he reorganised various companies, he established City Financial Associates Plc (formerly Clifton Financial Associates Plc) to provide corporate finance advice to small to medium sized private and public companies. In August 1998, City Financial Associates Plc was purchased by Talisman House Plc (now Seymour Pierce Group Plc) where he became group executive chairman. In December 1998, Talisman House Plc purchased an institutional stockbroker, Seymour Pierce Limited, where he became executive chairman. He resigned as a director of Seymour Pierce Group Plc and various other group companies at the end of March 2001 to found CFA Capital Group Plc. He is a director of a number of public companies including MICE Group Plc and Talisman First Venture Capital Trust Plc and is a governor of the London School of Economics and Political Science.

John Shaw, Executive Director

John Shaw, aged 54, qualified as a Chartered Accountant in 1975 with Touche Ross & Co in London. Subsequently he spent two years seconded to the Quotations Department of the London Stock Exchange returning to Touche Ross & Co to join the Corporate Finance Group until 1982. After a period as a sole practitioner, he joined Chase Investment Bank Limited in 1985, was appointed a director and founded the Equity Investment Group, formed to invest in unquoted companies. In 1990 he joined Henry Ansbacher & Co Limited as an Assistant Director of Corporate Finance. He started working with City Financial Associates Plc in early 1995 and was appointed a director in December 1996. He was appointed a director of Seymour Pierce Limited in December 1998 where he was initially Head of Corporate Finance and latterly Head of Private Equity. He resigned from Seymour Pierce Limited and various other group companies at the end of March 2001 to found CFA Capital Group Plc.

2) They have turned a 2 million loss into nearly a profit if you ignore costs for discontinuing operations - that some turn around.

3) With only small market capital of 3.83M it's feasible to suggest they could make a good profit this year as they have already got off to a good start signing more clients.

A profit of half million would give a pe ratio of 7.66

1 million a pe ratio of 3.83

1.5 million a pe ratio of 2.55

2 million a pe ratio of 1.91.

So it would only take a small profit to make this company super undervalued. Consider the possibility they could achieve a 2 million profit this year, which is the least, I expect, we could be looking at a share price of 7p. YES THAT'S 7P (An average p/e for the sector is 16.) Even with a profit of only 1 million that's still an upside of 3.5p.

3) Consider the fact that some of their clients pay their fee by way of giving large share holdings to CFP. All it would take is two or three creamy companies to give them valuable portfolio holding which they could cash in at a substantial return.

4) The IPO is sector has already increased three fold this year. More and more companies are coming into AIM and from abroad then ever before. Rules have changed where foreign companies can use a fast track scheme to get on board more quickly then ever before. I'm sure CFA Associates are well positioned to benefit with this increase in volume.

5) We could see a re-rating this year in this sector, which would be the cherry on the top.

I rest my case, to me this is a no brainer unless you want to wait for the next results for proof they have achieved profitability. If that's your cautious approach, fine but by then, you can then expect a much higher share price then now.

Major Shareholdings:
Stephen John Barclay 64,600,000 11.66%
Pershing Keen Noms Ltd 49,610,000 8.95%
John Richard Shaw 29,400,000 5.31%

RNS Number:9414C
CFA Capital Group PLC
15 September 2004

CFA Capital Group plc
Interim results for the 6 months ended 30 June 2004
CHAIRMAN'S STATEMENT

Highlights

* Nominated Adviser to 20 AIM companies - broker to 15 AIM companies

* Currently handling a number of AIM flotations and other major transactions

* Strong second-half order book - solid outlook for year

* Turnover for the period up 95% to #510,000 (6 months to 30 June 2003:
#262,000 from continuing operations)

* Losses before taxation of #58,000, (loss 6 months to 30 June 2003:
#208,000 from continuing operations)

* Currently recruiting to further strengthen team

Introduction
I am pleased to announce that CFA is now retained as Nominated Adviser to 20 AIM
companies and broker to 16 AIM companies. The company is currently working on a
number of AIM flotations and other major transactions, and as such has built a
strong order book for the second half of 2004. The fees generated by this
activity, taken together with our underlying retainer income and largely-fixed
overhead base, leaves us well-positioned for a satisfactory outcome to the year
as a whole.

Sharply reduced losses for the first half were achieved even though we had to
incur costs on two flotations that were not completed until July 2004 which
generated revenues of #225,000. These revenues were not recognised in the
results to 30 June 2004.

Turnover for the period nonetheless increased 95% to #510,000 (6 months to 30
June 2003: #262,000 from continuing operations), with losses before taxation of
#58,000 showing a marked improvement from #208,000 (6 months to June 2003 -
continuing operations).

Following the sale of CFA Securities Limited in 2003, CFA is now firmly focused
on servicing the needs of clients who are essentially AIM listed companies run
by entrepreneurs. We now have a team of eight, comprising executives and support
staff, providing corporate finance and broking advice. We are in the process of
recruiting further executives to join the team. This recruitment will ensure
client service levels are maintained as we meet the increasing demand for our
services.

In accordance with my statement on the results for the year to 31 December 2003,
CFA started the beginning of 2004 with a good pipeline of work and with a degree
of optimism that market conditions would enable these deals to be completed and
this was the case in the first quarter to 31 March 2004. However, in the second
quarter, in a number of cases transactions that we anticipated completing in the
first half have either been completed since the end of June or have been
deferred. This adversely affected our earlier expectations of financial
performance in the first half of the year.

Financial review
Despite these factors CFA achieved a creditable result in the first half.
Turnover was #510,000 (6 months ended 30 June 2003: #262,000 from continuing
operations), overheads (including plc running costs) were #609,000 (2003:
#458,000 on continuing operations) and the loss before taxation for the period
was #58,000 (6 months ended 2003: loss #208,000).

These results need to be seen in the context of our having completed the
flotation of Smallbone plc (admitted to AIM on 26 July) and Ragusa Capital plc
(admitted to AIM on 15 July). No income is taken into account in the period in
respect of these transactions, although a significant amount of the costs
relating to these flotations were incurred in the period.

CFA is now retained as Nominated Adviser to 20 AIM companies and retained Broker
to AIM 15 companies. Annualised recurring income currently totals over #340,000
representing approximately 30 per cent of total budgeted group costs, and we
anticipate that our level of retainers and this source of revenue will show a
significant increase by the year end. Our increasing base of retained clients
not only provides a source of recurring revenue but is also a prime source of
transactions.

On 27 May 2004 we announced a placing of 65 million new ordinary shares at a
price of 0.7p per share, to raise #441,340 net of expenses. As at 31 December
2003 the net assets of CFA Capital Group plc were #534,000. The impact of the
placing and the small loss in the period, has been to increase the Group's net
worth as at 30 June 2004 to #914,000, creating a sound financial base.

Current trading
We currently have a strong order book both in respect of a number of AIM
flotations and other transactions partially arising through our existing client
base. On the basis that we complete a good number of these transactions, we
anticipate a satisfactory outcome for the year as a whole.

Summary
On 31 July 2004, John Shaw stood down as a Director of CFA Capital Group plc and
all Group companies. John has worked with me for over 10 years and was a founder
shareholder of the Company in 2001. The Board thanks John for his significant
contribution and wishes him well for the future.

The Board also extends its thanks to the entire team for their efforts so far
this year.

Just offering MY(H)Opinion here, Butane, that's all. I try not to "ramp" or de-ramp". This is, after all, a 'Bulletin Board' and I will post whatever comment or comments I decide to post whenever I see fit.

This kind of movement should attract a little attention !!!!

imho as always

corehard it wont cause last year it rocketed north and no mention anywhere

im keeping me powder dry on this just now but with sb gone it has to be a positive sign

he was one of the major reasons i felt so bad about this company

but lets see what happens

two news anouncements with sb name on them two drematic effects

good luck u ppl

Up from the grave he arose! Not only so, but that's the first positive comment he has made about CFP. I know its first the departure of SB as MD, then as chairman, and then the celebrations; but for df to join in is quite something!

Eric

It seems to me to be quite important that we now hold around this level as this will not only give support but help the chart out of its downtrend.
We would now normally slowly tick down back to .030 during the following 2 weeks.
It will be interesting to see what happens this time, as this does seem to be a true turning point, unlike all of the false ones that we have experienced of late.
I look forward to next week with interest.
Wonder if I'll get a last opportunity to top up before more positive news filters through.
What say you Eric?

ps. SB going now after recent rns seems to indicate lots of turmoil and inhouse fighting during the last few months.
With both founder members now gone and sold up this is indeed a new company that we are investing in.
Maybe Fred might even dip his toe in the water again now that he has no-one to gring his axe on.
Steve

Great news guys - what a solid platform to really take advantage of all the new companies coming to AIM this year.

Lots of investors perceived SB as directly or indirectly causing the downfall of CFP, so to have the board swept totally clean is fantastic news.

Tony Rawlinson obviously has some clout now and has made use of it quickly - I have every faith that he will use more of the same to ensure that CFP are in the running for the really tasty AIM deals which are predicted to be abundant this year.

Eric - "you have to speculate to accumulate" couldn't be more appropriate when it comes to this company.

I think the most important thing is the popularity of aim listings that are anticipated this year. The company has to be aggressive in the market place and become a genuine player for growth otherwise it will remain a small company with a flat price.

With good management this may well be a 20p share in 18-24 months but you can never look to far with these types of companies as the financial industry as a whole can be unpredicatble and certain events occur that you can not forsee.

30-45 deals strong deals over the next 24 months is what I think this company should be targeting

thesaurus - I like your optimism and CFP may well become the "Durlacher" of the AIM market.

If CFP make 20p (without consolidation) in 24 months I'll be awestruck, though with the right deals (particularly many more of those which are popular with the press) that touchpaper could well be lit.

I think we should all remember that the "Old CFP" is no more and we now have a company with young dynamic management eager to capture the lion's share of the deals which are to be on offer in the AIM market over the next 2-3 years.

On a general market note - Watch gold prices carefully - if they start to drop seriously then a real bull market is starting to surge. The US will top out (due to their debt), however I suspect that given the global marketplace any UK small companies with great ideas will continue to reap the benefits of floating and add to those mounting coffers of CFP!

steevieweebie: No particular expertise to bring to bear in making that judgement. You put the point yourself, that it could drift again for lack of news. However, it now seems to be a reasonably safe assumption that the company will make it and the changes are clearly popular in the city. Which way it goes will take a few days. If I hadn't topped up today, I would wait to see how things go on Monday: if it starts strongly, buy straight away; if it drifts or there is lack on interest, hang on! Other views?

thesaurus: I suspect we need to remember that it is a small company with 5 professionals who have a limited capacity. One new client per month. Your figures are not impossible and they will be an attractive company for new staff but I imagine it could take a year to get up to one completion per month. What say you, overgrowth?

Eric - I think we could well see one major deal per month on average in 2005. If you have more clients than you can handle - you just recruit more staff - as simple as that.

It appears that Tony Rawlinson has the persuasive power that is all important in this game to make that a reality.

Provided that AIM continues to be as popular in 2005 as it did last year, the guys will be able to seal a lion's share of the right deals in the busiest time of the year (last quarter).

Good old SB was too much "old school" risk-averse, however given the advances in technology and time to market over the past couple of years, companies such as CFP don't just need to be struggling to keep up with the times, they need to be ahead of the times.

I believe that we've now got the right guys in place to stir up the marketplace with a pitchfork (rather than a chip fork).

There are lots of indicators which have been given recently that we now have a white knight at the helm of CFP rather than a white elephant.

Apologies for all the clich.

Here's to a good week (and couple of years) coming up!

OG

http://www.thisismoney.co.uk/investing-and-markets/article.html?in_article_id=397764&in_page_id=3

og

Given your view of the market and potential for CFP, its not unreasonable to look fo 1m pbt in 2005. That would give pe of 10 on cap. of 10m on an sp of 1.6p. Reasonable target? Merely a 5-bagger on starting sp of 0.32p!

Eric

On the other bb

"Charmer1_23 - 7 Feb'05 - 12:26 - 5346 of 5349

AIM
07 February 2005




ANNOUNCEMENT TO BE MADE BY AIM APPLICANT AT LEAST 10 BUSINESS DAYS
PRIOR TO ADMISSION

ALL APPLICANTS MUST COMPLETE THE FOLLOWING:


COMPANY NAME:
MEDIAZEST PLC



COMPANY ADDRESS and Registered Office:
1ST FLOOR, 46 MADDOX STREET, LONDON



COMPANY POSTCODE:
W1S 1QA

COUNTRY OF INCORPORATION:
ENGLAND



COMPANY BUSINESS:

TO PROVIDE IN-STORE MEDIA SOLUTIONS FOR RETAILERS AND BRAND OWNERS



DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares,
nominal value and issue price):

UP TO 14,833,350 ORDINARY SHARES OF 10 PENCE NOMINAL VALUE AT AN ISSUE PRICE OF
50 PENCE

UP TO 2,000,000 WARRANTS TO SUBSCRIBE FOR ORDINARY SHARES AT AN EXERCISE PRICE
OF 50 PENCE



CAPITAL TO BE RAISED ON ADMISSION:

UP TO 2,000,000


FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:


ANTHONY ROGER MOORE, CHAIRMAN
SEAN MALACHY REEL, CHIEF EXECUTIVE OFFICER
NIGEL JOHN DUXBURY, FINANCE DIRECTOR
CHRISTOPHER LORNE DENNIS JONATHON THEIS, EXECUTIVE DIRECTOR
LANCE ADRIAN WINGATE O'NEILL, NON EXECUTIVE DIRECTOR



PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A
PERCENTAGE OF THE ISSUED SHARE CAPITAL STATING WHETHER BEFORE OR AFTER ADMISSION:


BEFORE ADMISSION:


SEAN REEL (9.2%)
CHRISTOPHER THEIS (7.1%)
GARY WYATT (6.6%)
LANCE O'NEILL (6.1%)
ANTHONY MOORE (5.7%)
NIGEL DUXBURY (4.9%)



AFTER ADMISSION:

SEAN REEL (13.1%)
CHRISTOPHER THEIS (7.5%)
GARY WYATT (9.0%)
LANCE O'NEILL (7.4%)
ANTHONY MOORE (8.2%)
NIGEL DUXBURY (6.9%)
GRAHAME COOK (3.6%)



NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE
2, PARAGRAPH (G) OF THE AIM RULES.


DETAILS TO FOLLOW


ANTICIPATED ACCOUNTING REFERENCE DATE:
31 DECEMBER

EXPECTED ADMISSION DATE:
TBC


NAME AND ADDRESS OF NOMINATED ADVISER:



CITY FINANCIAL ASSOCIATES LIMITED
POUNTNEY HILL HOUSE
6 LAURENCE POUNTNEY HILL
LONDON
EC4R 0BL


NAME AND ADDRESS OF BROKER TO THE PLACING:


CITY FINANCIAL ASSOCIATES LIMITED
POUNTNEY HILL HOUSE
6 LAURENCE POUTNEY HILL
LONDON
EC4R 0BL



DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE A
VAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE
APPLICANT AND THE ADMISSION OF ITS SECURITIES.



CITY FINANCIAL ASSOCIATES LIMITED
POUNTNEY HILL HOUSE
6 LAURENCE POUTNEY HILL
LONDON
EC4R 0BL



DATE OF NOTIFICATION: 7 FEBRUARY 2005

NEW/UPDATE (see note): NEW



LISTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING:

DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE
OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY


A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THE
APPLICANT, WHICH HAS OCCURRED SINCE THE END OF THE LAST FINANCIAL PERIOD FOR
WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED OR AN APPROPRIATE NEGATIVE
STATEMENT


A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT
ITS WORKING CAPITAL WILL BE INSUFFICIENT FOR AT LEAST TWELVE MONTHS FROM THE
DATE OF ITS ADMISSION

DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES.






This information is provided by RNS
The company news service from the London Stock Exchange"

Like everybody else watching this share it is amazing the amount of times Seymour Pierce is involved in different business deals.Most of the old board and new board have worked with them in some capacity.Ian Buckley who is taking over Stephen Barclay's position when first joining CFP was described as a non executive director of the Seymour Pierce Group until 1999 and runs a merger and acquisition consultancy specialising in the media and financial sectors.Interesting.

At least SP aren't involved in the Mediazest deal - nice broker percentage and more NOMAD recurring revenue :-)

Though interesting - there's still scope for a "merger" in the future.

og.
that merger, I`m sure will come. maybe soon after results in March ???
especially with IMH egm coming on friday where some sparks may fly.

is deadfred going to the egm? that would be fun!!!!

bosley old son
cant make it
but id love to be there
there are still major questions to be asked imho

Is suehelen still around ?

It's about time we had an update to the header.

I can start a new thread if everyone's up for it, though we'll give suehelen a chance first.