The last thread is looking rather tired given all the developments at this company!
I am making a big call right here, now is a great time to get back in Just Car Clinics, JCR and we need a new thread to make the point clearly and refocus on the overpowering reasons.
It has had a load of bad publicity recently as a lone fraudster was outed by the new management who had undermined the company before the Bikenet takeover.

That IS in the past and any settlement can only favour the company.

So why buy NOW at 18.25p (to buy,)? Brewin Dolphin have come out with a note (on a 2.5 million market cap company, speaks for itself!) saying fair value is 30p, based on very modest (their words) forecasts. The market cap is a paltry 2.5 million or so even allowing for the small dilution. balance of risk is now massively in our favour.

This profitable company has terrific cashflow, an unused banking facility of 2.5 million (entire market cap) has expanded from 12 to 14 care centres, numerous awards for management quality and stands to gain not only from what has been a miserable summer weatherwise but also any settlement of the fraud case. Turnover nearly 8 times market cap.

In short, it is a high quality business.

What are the risks. Very few. Really only one. Rising interest rates may slow growth as repayments become due, but they have been successfully negotiated on the basis of the new numbers and run over a period of several years, so are under control and entirely manageable.

The chart has found repeated and solid support at 17p looks strong and was recently highlighted on the exploding stocks thread as one to prepare for upside action in the near future. Selling pressure has collapsed and these could move up very quickly once they get going. Last resistance has been virtually flushed out.

I sense a fair number of you have been hovering around the buy button for a while. Wait no longer.

Again that market cap of 2.5 million, I rate these a belting buy. My own eps estimate, fwiw, is 4-5p per share for the current year, based on previous prformance and trading updates.

A chart triangle has competed suggesting an imminent move:

Look very good results after the last 9 months problems.

cheers GF.

Yep, eps 0.9p and with the trad busier winter months to come, we could be looking at 2.5p for full year, which would give a p/e of 12 at 30p.

Margins up, turnover up.

Given that the shares are 21p and would surely be up more in busier markets, a real good buying opportunity imho. Hopeful of positive broker press comment over next week or so.