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.