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JCR transformed (JCR)     

hawick - 22 Oct 2004 12:26

Car repair centres JCR is now a raging buy imho following today's news.

Profitable, and second half started well, now after all the problems of a lone fraudster who has since been outed, comes the final settlement and imho secures JCR's future as well as slashing bank repayments.

Before this settlement Brewin came out with a 30p fair value note, now I expect an upgrade.

So at 22p plenty upside now. The uncertainty over JCR's claim held back the shares, but now they can fly. They also have quality 20 million turnover and an unused bank facility of 2.5 million which can be used to fund further expansion.

When you have a market cap of under 3 million all this is a bit good!!!!

Just Car Clinics Group plc ('the Group') announced today that a settlement of
the warranty claim against Dixon Motor Holdings Limited ('Dixon') has been
agreed.

Under the settlement, Dixon has agreed to reduce the deferred consideration
payable by 680,000 and to pay a contribution towards costs. Dixon will also
reimburse interest paid, calculated on the total settlement from the date of the
acquisition in January 2003.

Commenting on the settlement, Barry Whittles, Chief Executive of Just Car
Clinics, said:

'I am very pleased that a speedy and amicable agreement has been reached with
Dixon which I believe represents a fair resolution of our claim and I look
forward to continuing the mutually beneficial trading relationships between the
parties'.

A near perfect triangular breakout!
graph.php?startDate=22%2F10%2F84&period=

Bones - 18 May 2005 12:11 - 23 of 38

Hawick, yes I did, and we are starting to see some price action now!

doughboy66 - 20 May 2005 11:09 - 24 of 38

Nice little move up again, good to see a share on the up in the small caps.
DB66

legend290782 - 11 Jun 2005 13:36 - 25 of 38

I know you have seen this bones but here it is for goldfinger:

Someone I know owns an industry leading website for the Crash Repair industry... Take a look at the following advertisement by JCR. This proves that they are aiming to grow.....:

Dated : 07/6/05

Subject: Just Car Clinics * Acquisition Strategy



Just Car Clinics Group plc, is an AIM listed company with a turnover of 24
million and currently operates 13 accident repair centres in Yorkshire,
Lincolnshire and the North Midlands.



The company is seeking to grow by the acquisition of appropriate bodyshop
businesses located reasonably close to our existing locations.



We are looking for single sites or chains located in North Yorkshire, West
Yorkshire, the Midlands, Manchester or Lancashire. Ideally these will be
situated within a 30-50 mile radius to the north, west and south of our
existing sites.



If anyone is potentially interested in disposing of their business, in the
first instance please contact Barry Whittles on (number) or email
barry.whittles@justcarclinics.co.uk.



All discussions will be entirely confidential.

goldfinger - 12 Jun 2005 23:04 - 26 of 38

Shows they are hungry for growth.

cheers GF.

hawick - 12 Sep 2005 16:41 - 27 of 38

The chart looks brilliant and today's interims should be the precursor for further share price growth. A classy little company.

Worth noting the second half, still to come of course, is traditionally the bigger one b a decent way.

'Just Car Clinics Group plc ('Just Car Clinics' or 'the Group'), the independent
collision repair chain with thirteen vehicle collision repair centres, today
announces interim results for the six months ended 30 June 2005.

Highlights
* Turnover up 7.4% to 12.55 million (2004: 11.68 million)
* Gross margin improved to 43% (2004: 42%)
* EBITDA up 15.1% to 663,000 (2004: 576,000)
* Underlying EPS up 122% to 2.0p (2004: 0.9p)
* Operating cash flow strong at 1,097,000 (2004: 113,000)
* 'In Touch' a web based system for customers to monitor repair status
online and automatically provide updates by text message and email installed at
all locations - customer feedback extremely positive
Commenting on the results, Barry Whittles, Chief Executive of Just Car Clinics,
said:
''I am delighted with these results which reflect the Group's ability to attract
additional contracts with insurers and other work providers. We are confident
that the successes of the first six months will be continued and believe that
the prospects for the future growth of the Group are very good'.

hawick - 15 Sep 2005 17:28 - 28 of 38

Fantastic chart.
Growth Company Investor


Just Car Clinics - BUY
Companies: JCR
12/09/2005

Just Car Clinics, the markets sole independent collision repair chain, motored home with strong interims to June and is keen to hit the acquisition trail in a consolidating body shop sector. Steered by chief executive Barry Whittles, who led the 13-strong chains MBO from Dixon Motors in 2003, JCC operates branded repair centres across Yorkshire, Lincolnshire and the North Midlands. Figures for the seasonally weaker first half the winter months are busiest revealed improved pre-tax profits of 315,000 (111,000). Turnover was 7.4% higher at 12.6m on the back of volume and price increases, and the meeting of insurer quality targets. JCC, the countrys second biggest independent chain in a 5.4bn market, has plenty of capacity for growth with only a 0.5% market share. Major customers, blue chip insurers like Norwich Union, AXA and RBS, are warming to his strategy of offering branded, modern, clean body-shops. Whittles says small under the archways players are being squeezed out, as insurers prefer larger chains. Now that Whittles has strengthened the balance sheet and fortified ties with insurers, acquisitions are the next logical step. Analysts are forecasting a jump in pre-tax profits from 500,000 to 600,000 for the calendar year, on improved sales of 25m (23.5m), giving earnings of 3.3p a share. On a forecast p/e of 12.7, the shares look decent value. Buy.

James Crux
Market cap: 5.39
PE Forecast: 12.7
Share price: 42p

hawick - 21 Sep 2005 11:39 - 29 of 38

Juicy chart! -:)

goldfinger - 08 Oct 2005 23:54 - 30 of 38

Watch out holders. I hear a share tip sheet that follows this one as this weekend slapped a sell/take profits on this one.

Must admit it was looking rather topy at the present price. No doubt further entry points at a lower price will provide buying opportunities.

cheers GF.

hawick - 09 Oct 2005 09:14 - 31 of 38

Chart still looks A1.
If i did everything tip sheets said I'd be long since broke.

Nevertheless i look forward to hearing 'wat' they have to say, if indeed it is true??!

I maintain my price target of 55-60p, mainly on fundamentals and quality of management.

Hull Daily Mail
04 October 2005

Hull-founded collision repair chain Just Car Clinics has been honoured for its commitment to customer care.

The firm scooped the prestigious Customer Care Award at the annual Bodyshop Awards.

Just Car Clinics was founded in 2003 following a management buyout at the collision repair business of Hull car giant Dixon Motors.

It has 12 car clinics, including one in Clarence Street, east Hull.

This year the firm, whose head office is now in York, launched its new "In Touch" initiative to improve levels of customer care and raise the standard of internal and external communications.

Group training and development manager David Hall said: "It was an honour to be selected as a finalist in the customer care category, let alone win, as it is a fiercely contested award.

goldfinger - 09 Oct 2005 12:13 - 32 of 38

"IF INDEED IT IS TRUE". Suprised at that comment Hawick, I never thought as an online freind you would stoop that low.

ANYBODY else seen the tip sheets advice this weekend? from a much respected tip sheet in fact probably only second to Techinvest on subscriber numbers. And its not whatshot as Hawick implys.

cheers GF.

goldfinger - 10 Oct 2005 15:06 - 33 of 38

Gives me no great satisfaction to say 'I warned you' now down 12% but its a good company so please keep it on the radar.

cheers GF.

goldfinger - 11 Oct 2005 00:26 - 34 of 38

The tip sheet goes on to say further fund raising is a possibilty and implys a bad winter is required?.

cheers GF.

goldfinger - 11 Oct 2005 23:30 - 35 of 38

The sell off continues.

cheers GF.

Andy - 12 Oct 2005 00:09 - 36 of 38

GF,

I think Hawick was referring to the rumour, not attacking you personally.

Hawick is a positive poster on MAM, so i'm sure he didn't mean any offence.

Dil - 12 Oct 2005 00:46 - 37 of 38

Sorry guys off topic.

Andy re ML , try MXC thread ... dogdirtthethird and MrWankinton , lol if they aint then I'm an Englishman !

Dil - 12 Oct 2005 00:47 - 38 of 38

And CITYEXPERT :-)
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