Hi Guys back of Holiday but not yet really settled down. Needed the break as I havent had a holiday in 5 years. Just been resting up at home.

Back to the stocks. Well lets face it last week was a stinker, simple as that. Interest rates hike hanging over the market and the tiddlers getting hurt most as all of the extra cost will fall to the bottom line. Lets hope for a better week.

Update on stocks.

I D DATA- hoping for this one to carry on from Friday and start to rise again. About 4 weeks to results so we may get a good run plus a contract win is get to be confirmed.

INCITE HOLDINGS - strange happenings at this company last week but apparantley big orders were being filled for institutional players, in fact a pal of mine on another site who is a big holder was contacted to see if he wanted to sell any of his holding and he gave them a quick no chance answer.

BEMA GOLD - fell back by about 10 points last week on averageish results. Fact of the matter is that a Miner should be judged on NAV and not earnings, due to physical nature of the business.

JUST CAR CLINICS - TA uptrend in place and company released two very interesting pieces of news on its web site that should see further support.

CENTURION ELECTRONICS - gave back a bit of ground last week but uptrend trully in place.

HCEG - another that gave ground back last week but there was some good news later in the week refering to warrants. Seems holders on a certain date will be awarded a warrant for every XXX share held . Ask me in the morning.

PIPEX - changed name last week had an up and down week but I added yet again. Great growth potential here.

NEW RECOMMENDATION

Going to go in for SCI ENTERTAINMENT SEG in the morning. Saturday paper confirmed that trading was well in front of budget and this backed up what Evil Knievil had been saying last week. EK feels that this is one of the cheapest stocks on the Whole Market, and we should get a good run up to Xmas with the new Desert Storm offering (sorry not an expert on games).
DYOR and if you buy watch the spread in the first hour or so, the MMS read the newspapers just like us, dont get sucked in. Remember you are responsible for your own buy and sell actions, we dont want any whimps complaining if they lose money. Only use money that you camn afford to lose and remember this is investing. If you want a quick fix, I suggest you go down to your local bookies , casino or boozer and play on the one armed bandit. We are all adults.

gf.

ps, sorry forgot Service Power Tech - special update on that sometime monday.

markp,

again on the INC front. very confused about the drop considering the rugby result.

markp
I note your remarks and thank you.
I was about to reply to that post of GF's in a similar vein but decided to count to ten.
Perhaps when he has calmed down he may apologise, who knows.
Thanks.
Hopping

Good stuff, Forgive and Forget is a good line to live by. I think third eye is calm and collected - and personally I think we should just talk about shares - different points of view always welcomed. No need to post about one stock in 2 different places simply because people have opposing views. People maybe breached rules at some stage, agreed but Forgive and forget is a good line as I mentioned earlier.

Goldfinger, Hopping and Third Eye - let's all have fun and hope the market passes 4,400 by xmas.
Best Regards.

Skids ~ lets hope they're waiting for the victory parade to do some positive marketing. Might make sense to do so when the euphoria starts again over the next few days. Fingers crossed.

Hopping ~ 'It takes a man to suffer ignorance and smile'. Stings words, not mine, but very appropriate in your case. Well done.

Soulretro ~ excellent post. Lets hope for peace and tranquility. Fingers crossed (again).

Best of luck with your trading tomorrow everyone.

Mark.

Bravo Souletro.
Thats how we should live and let live in harmony.
TRades please.......

I have to support Thirdeye - People working hard extolling the vitues of small cap companies on multiple BBs should be prepared to accept postings pointing out the negatives. If they can't they shouldn't be allowed to post themselves - especially when commenting on tiny companies who's share price can be so easily influenced by such postings, as can the investment decisions of those new to BBs and the stock market. I speak as someone who knows 5 people, novice investors, who two years ago were suckered into trading on margin on a speculative BB share - They lost 200K each (on average). Personally I wouldn't touch most of the shares mentioned in this thread - If I want to gamble I go to Betfair and pick horses and soccer teams.

Right guys let s get this stupid attack from thirdeye out of the way once and for all. I finally took the squelch off just to see what lies he was banding about, and yes they were. I gave him all the information he asked on this company on the 18 th of this month and here it is,( without a return of reply from him as he couldnt get round the fact I had proved him wrong) and by the way this must be about the fifth time, but the man his his hell bent on a character assination, one which the mangement of the site have apparently
fallen for and one he will use on some other on here if you beg to disagree.

here it is.............

18 Nov'03 - 00:25 - 52 of 80 edit


Here we are Guys this financial year 03/04 no problem, outsider way off the mark as usual...................

The consideration will be paid in cash on Completion except for the
Additional Consideration, which will be paid in quarterly instalments (with
the exception of the final payment) according to the following schedule, or
in full in the event of a takeover of BikeNet, a sale of 75 per cent or more
of the Business and/ or a sale of 75 per cent or more of the issued share
capital of Just:

2003 nil

2004 175,000

2005 375,000

2006 375,000

2007 575,000

2008 500,000 (payable in full on 1 January 2008)

From the last results..................

This
year's exceptionally dry spring and summer has further reduced repair volumes
across the sector but, notwithstanding this, turnover increased by 7.8% when
compared to the corresponding previous period (as a division of Dixon), and
gross margins increased from 42.3% to 42.6%.

In addition, operating cash flow was strong at 1.5 million for the nine month
period, and working capital was tightly controlled. Accordingly, the Group had
surplus cash and unutilised banking facilities in excess of 2.5 million at 30
June 2003, which was considerably ahead of plan.

And now an extract of the accounts re- interest payments/effect on profits, just to put his mind at rest...........


6 months to
30.06.2003

Total operating profit / (loss) 356,489
Net interest (paid) / received (140,669)
Profit / (loss) on ordinary activities before 215,820
tax.

And dont forget guys these accounts are for the quiet half of the business year so accordingly the interest to /operating profit ratio, will certainly fall as the greater revenues and increased gross profit roll in during the second far more busier half of the year. I also note that the ceo is delighted that improved efficiency/cost measures will in fact increase the net profit attainable. NB, these are unaudited accounts.ENDS I will also add that I never use the the practice of averaging down, some do but I feel its a policy were some people use it as a get out clause because they cant accept the fact that their judgement has been wrong.

Now onto the other troublemaker, hopping. I had kept this as I was hoping in fact for him to report me to the FSA and saw a nice pay day coming, but as I thought the little man doesnt have the guts to report me and indeed asks for an appology lol. Now heres the reason why we saw the big fall in shareprice for JCR and note not one big sell has assumed by hopping. The Report is from the tip sheet trendwatch and the piece can be viwed on page 12.


http://www.trend-watch.co.uk/cms/uploaded_files/pdf/sample.pdf

the piece reads, Share sales this fortnight.

It hasnt happened since the depths of the bear market - but it happened to Just Car clinics.. We got shaken out of the share in the forenight after we recommended it.

We did say it was a speculative recommendation, but what we didnt aticipate was the huge volatility. its interim results were highly satisfactory, but the shares were viciously marked down by dealers to pre- empt profit taking.
he loss of 36.5p looks rather worse than it should have been. On the day bought the share rose 12%. Without that rise , our loss would have been more like 285., bad enough.

Our record over the past few months as been outstanding.ENDS


I hope know that posters read the above in light of what has been put forward on this thread today and can see the two posters for what they really are, Trouble Makers and nothing else.

I will now completly ignore the both of them and I suggest others do the same.

cheers GF.

Thanks for the welcome by those who wish to see balance.






The operating margin reported in the AGM statement was 4.8% mimimum

The operating margin reported at the interims had fallen to 3.2% (a fall of 33% in itself)


Only GBP60,000 of goodwill was accounted for in the interims, not exactly conseravtive accounting.

Goldfinger - By all means throw your dummy out of your pram and ignore us - Hopefully though, potential investors won't - they'll do their own research and see things for what they really are ;0)

This shows the weakness of thirdeyes(outsider) attack. jcr do not

pay any premium this financial year03/04 look it says nil.

then gf shows the interest payable on the initial

consideration for the 6 months as a going concern.

it is quite clear and is everything thirdeye demand today.

he has had the proof from gf but he continues to attack.

this now shows thirdeye is a cheat and board spoiler.

i hope you see this management. what do you say now as

thirdeye as had this information since 18th of this month.

he clearly breakes the terms and conditions, why print them

if you do not use them?.

thirdeye should go from this site, he does not give any positives

and makes personal attack. i vote thirdeye keep of this thread

like others say and use his own.

hopping he also been shown evidence.

I haven't said they pay a premium this year, check the accounts GBP140,000 interest has been paid at the half year stage, now they must have loans or gearing without taking into account scheduled payments to pay an annulaised GBP280,000 interest haven't they?


Goodwill amortisation is GBP60,000 & Goodwill is a tad short of GBP2.3m.


Bank Loans listed at the interims are GBP509,000. Finance Leases & deffered consideration must make up the rest of the interest charge.


The accounts suggest GBP145,000 has been repaid in loans this year.

Brian B, havent said i was going to ignore you. Just two thread spoilers who have an history.

cheers Gf.

Now you retreat thirdeye i prove gfs findings.

not many companys with no gearing and 2nd half bigger sales

and profits, smaller % interest of whole cake.

you now been proved a cheat, you have all this information

but pretend not this morning. posters check early threads.

you see hes a cheat. i go to bed now and dont wish

to see you anymore, you cheater.

Gearing is perfectly acceptable.


It's when it's very high & interest rates are on the rise that it is more of a worry.


No retreat, check the interim results Operating margin has fallen by 33% (at the interims to 3.2%) from the amount stated at the AGM....I quote..."Operating margins have ranged from 4.5 per cent to 5.8 per cent
throughout the period of record and current trading continues to reflect this
historic trend"


Aquisition cost listed in the interims including costs is stated @ GBP3.5m.

Hi....a lot of bad feeling going on this board at present,and very little info /fact/help...just curious goldfinger are you a professional investor or just well informed?
Did I also note you are resident in Somerset,in my case sampled the wacky water in Glastonbury 1994 to 2001!!
Wansford

Btw Sinutab I have mentioned these concerns before.


I have worked in the Accident repair industry.

Legislation is getting tougher (More filtering etc required to european standards) as are insurance companies, they sometimes limited us to just a 10% margin on parts whereas normally we would get 25% to 33%.


I wonder if that is one the reasons that margins have fallen to 3.2% (besides the good weather) ?

Yup wansford was a pro trader up until 2000, when i took profits and bought a business in industrial cleaning/ property maintenance. You will often see me posting late at night as we work when everyone else is in bed. I do still tend to get about 8 hours a day in investing but no trading now, just not enough time.

Yup the thread has gone downhill, will open a new one and bring up the JCR thread so that the bears and bulls can argue to their hearts content.

Been many a time to Glastonbury, please dont ask.

Nice to have met you.

cheers Gf.

Goldfinger(ex royalmarine,airline pilot,solicitor,international pornstar,Economist/Accountant,highpowered business man,). The only professional trading you have ever done is on a saturday afternoon from your 1 for anything marketstall,i cant believe so many people are getting taken in from an arrogant pompus tit like yourself,no doubt they will eventually learn probably too late, when they have lost their shirts,and once again you will have to go and find another bb (if there are any left that havent banned you already)Wake up people are you all really that dumb.

And I thought he was a financial God!