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!

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.

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

cheers GF.

The sell off continues.

cheers GF.

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.

Sorry guys off topic.

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

And CITYEXPERT :-)