Final Results Due In March 2005.

http://www.cityfin.co.uk
Trades over 450,000 shares are delayed in reporting by 1 Hour.

One of City Financial Associates (CFP's) main operating goals is to bring fledgling companies to the market. With the depressed stock market over the last few years many potential clients have deffered entry to the LSE. Markets have now turned and the reality of a sucession of new floatations is growing. CFP are well positioned to enjoy the rewards that will be benefited to them in this growing market place.

Why the EXCITEMENT - will here are the reasons why I think we're on a winner.

1) My motto is when it's comes to investing there are three things. Management, management and management. With any good investment - the management should be the driving force in a company. Can they cut the mustard, are they dynamic, do they have good contacts? I think so if you read the following profile.

Stephen Barclay, Executive Chairman

Stephen Barclay, aged 61, qualified as a Chartered Accountant in 1964 with Robson Rhodes before obtaining an MBA degree from Wharton Business School in 1967. In 1989, after a career during which he reorganised various companies, he established City Financial Associates Plc (formerly Clifton Financial Associates Plc) to provide corporate finance advice to small to medium sized private and public companies. In August 1998, City Financial Associates Plc was purchased by Talisman House Plc (now Seymour Pierce Group Plc) where he became group executive chairman. In December 1998, Talisman House Plc purchased an institutional stockbroker, Seymour Pierce Limited, where he became executive chairman. He resigned as a director of Seymour Pierce Group Plc and various other group companies at the end of March 2001 to found CFA Capital Group Plc. He is a director of a number of public companies including MICE Group Plc and Talisman First Venture Capital Trust Plc and is a governor of the London School of Economics and Political Science.

John Shaw, Executive Director

John Shaw, aged 54, qualified as a Chartered Accountant in 1975 with Touche Ross & Co in London. Subsequently he spent two years seconded to the Quotations Department of the London Stock Exchange returning to Touche Ross & Co to join the Corporate Finance Group until 1982. After a period as a sole practitioner, he joined Chase Investment Bank Limited in 1985, was appointed a director and founded the Equity Investment Group, formed to invest in unquoted companies. In 1990 he joined Henry Ansbacher & Co Limited as an Assistant Director of Corporate Finance. He started working with City Financial Associates Plc in early 1995 and was appointed a director in December 1996. He was appointed a director of Seymour Pierce Limited in December 1998 where he was initially Head of Corporate Finance and latterly Head of Private Equity. He resigned from Seymour Pierce Limited and various other group companies at the end of March 2001 to found CFA Capital Group Plc.

2) They have turned a 2 million loss into nearly a profit if you ignore costs for discontinuing operations - that some turn around.

3) With only small market capital of 3.83M it's feasible to suggest they could make a good profit this year as they have already got off to a good start signing more clients.

A profit of half million would give a pe ratio of 7.66

1 million a pe ratio of 3.83

1.5 million a pe ratio of 2.55

2 million a pe ratio of 1.91.

So it would only take a small profit to make this company super undervalued. Consider the possibility they could achieve a 2 million profit this year, which is the least, I expect, we could be looking at a share price of 7p. YES THAT'S 7P (An average p/e for the sector is 16.) Even with a profit of only 1 million that's still an upside of 3.5p.

3) Consider the fact that some of their clients pay their fee by way of giving large share holdings to CFP. All it would take is two or three creamy companies to give them valuable portfolio holding which they could cash in at a substantial return.

4) The IPO is sector has already increased three fold this year. More and more companies are coming into AIM and from abroad then ever before. Rules have changed where foreign companies can use a fast track scheme to get on board more quickly then ever before. I'm sure CFA Associates are well positioned to benefit with this increase in volume.

5) We could see a re-rating this year in this sector, which would be the cherry on the top.

I rest my case, to me this is a no brainer unless you want to wait for the next results for proof they have achieved profitability. If that's your cautious approach, fine but by then, you can then expect a much higher share price then now.

Major Shareholdings:
Stephen John Barclay 64,600,000 11.66%
Pershing Keen Noms Ltd 49,610,000 8.95%
John Richard Shaw 29,400,000 5.31%

RNS Number:9414C
CFA Capital Group PLC
15 September 2004

CFA Capital Group plc
Interim results for the 6 months ended 30 June 2004
CHAIRMAN'S STATEMENT

Highlights

* Nominated Adviser to 20 AIM companies - broker to 15 AIM companies

* Currently handling a number of AIM flotations and other major transactions

* Strong second-half order book - solid outlook for year

* Turnover for the period up 95% to #510,000 (6 months to 30 June 2003:
#262,000 from continuing operations)

* Losses before taxation of #58,000, (loss 6 months to 30 June 2003:
#208,000 from continuing operations)

* Currently recruiting to further strengthen team

Introduction
I am pleased to announce that CFA is now retained as Nominated Adviser to 20 AIM
companies and broker to 16 AIM companies. The company is currently working on a
number of AIM flotations and other major transactions, and as such has built a
strong order book for the second half of 2004. The fees generated by this
activity, taken together with our underlying retainer income and largely-fixed
overhead base, leaves us well-positioned for a satisfactory outcome to the year
as a whole.

Sharply reduced losses for the first half were achieved even though we had to
incur costs on two flotations that were not completed until July 2004 which
generated revenues of #225,000. These revenues were not recognised in the
results to 30 June 2004.

Turnover for the period nonetheless increased 95% to #510,000 (6 months to 30
June 2003: #262,000 from continuing operations), with losses before taxation of
#58,000 showing a marked improvement from #208,000 (6 months to June 2003 -
continuing operations).

Following the sale of CFA Securities Limited in 2003, CFA is now firmly focused
on servicing the needs of clients who are essentially AIM listed companies run
by entrepreneurs. We now have a team of eight, comprising executives and support
staff, providing corporate finance and broking advice. We are in the process of
recruiting further executives to join the team. This recruitment will ensure
client service levels are maintained as we meet the increasing demand for our
services.

In accordance with my statement on the results for the year to 31 December 2003,
CFA started the beginning of 2004 with a good pipeline of work and with a degree
of optimism that market conditions would enable these deals to be completed and
this was the case in the first quarter to 31 March 2004. However, in the second
quarter, in a number of cases transactions that we anticipated completing in the
first half have either been completed since the end of June or have been
deferred. This adversely affected our earlier expectations of financial
performance in the first half of the year.

Financial review
Despite these factors CFA achieved a creditable result in the first half.
Turnover was #510,000 (6 months ended 30 June 2003: #262,000 from continuing
operations), overheads (including plc running costs) were #609,000 (2003:
#458,000 on continuing operations) and the loss before taxation for the period
was #58,000 (6 months ended 2003: loss #208,000).

These results need to be seen in the context of our having completed the
flotation of Smallbone plc (admitted to AIM on 26 July) and Ragusa Capital plc
(admitted to AIM on 15 July). No income is taken into account in the period in
respect of these transactions, although a significant amount of the costs
relating to these flotations were incurred in the period.

CFA is now retained as Nominated Adviser to 20 AIM companies and retained Broker
to AIM 15 companies. Annualised recurring income currently totals over #340,000
representing approximately 30 per cent of total budgeted group costs, and we
anticipate that our level of retainers and this source of revenue will show a
significant increase by the year end. Our increasing base of retained clients
not only provides a source of recurring revenue but is also a prime source of
transactions.

On 27 May 2004 we announced a placing of 65 million new ordinary shares at a
price of 0.7p per share, to raise #441,340 net of expenses. As at 31 December
2003 the net assets of CFA Capital Group plc were #534,000. The impact of the
placing and the small loss in the period, has been to increase the Group's net
worth as at 30 June 2004 to #914,000, creating a sound financial base.

Current trading
We currently have a strong order book both in respect of a number of AIM
flotations and other transactions partially arising through our existing client
base. On the basis that we complete a good number of these transactions, we
anticipate a satisfactory outcome for the year as a whole.

Summary
On 31 July 2004, John Shaw stood down as a Director of CFA Capital Group plc and
all Group companies. John has worked with me for over 10 years and was a founder
shareholder of the Company in 2001. The Board thanks John for his significant
contribution and wishes him well for the future.

The Board also extends its thanks to the entire team for their efforts so far
this year.

1 1.20 950000 11400 LO 14-MAY-2004 11:55:00

2 1.25 47761 597 O 14-MAY-2004 12:53:47

3 1.25 35000 438 O 14-MAY-2004 12:27:09

4 1.16 250000 2900 O 14-MAY-2004 11:24:24

5 1.16 250000 2900

Hi thesaurus.I did not speculate for the last 2 days : 1 hour before the meeting
to be precise.
My point is most posters are great at what any investor can do i.e.analyse
AFTER the event.
rgds aj

well agm and nothing no were were is the news we need or crave
can anyone post what was said or is there a thread we can go see it ourselves

Hi, RNS expected to be announced at 4.31pm.

Hi all,
I apologise if my above post appeared to be arrogant.It was not my intention.
rgds aj

sue you heared anything

CFA Capital Group PLC
14 May 2004


14 May 2004

CFA Capital Group Plc ('the Company')

Results of AGM, trading update and Board appointment


At the Annual General Meeting of CFA Capital Group Plc held today, all
resolutions were duly passed. At the conclusion of the meeting the Company's
Chairman Stephen Barclay made the following statement:

'Our operating subsidiary, City Financial Associates Limited, continues to make
good progress with a strong pipeline of mandated transactions in progress. While
there is inherent uncertainty in all corporate finance transactions whether
deals will be completed and fees received, the Board remains optimistic as to
the outcome for the current financial year.'

At a subsequent Board meeting, Anthony Paul Rawlinson, Managing Director of City
Financial Associates Limited, aged 46, was appointed as an Executive Director of
the Company. Tony Rawlinson currently owns 14,500,000 ordinary shares in the
Company representing approximately 2.62% of the Company's issued share capital.
Mr Rawlinson holds or has held the following directorships within the previous
five years prior to the date of this announcement:

Current directorships:
City Financial Associates Limited

Past directorships:
Strand Partners Limited


Mr Rawlinson is not and has not been a partner of any firm within the previous
five years, prior to the date of this announcement.

On 3 April 1996 Mr Rawlinson was appointed a Non-Executive Director of
Colorvision plc as nominee for Strand Partners Ltd, of which Mr Rawlinson was
then a Director. Strand Partners Ltd was acting as financial adviser to
Colorvision and, in its capacity as adviser, successfully agreed the renewal of
Colorvision's consumer credit licences with the Office of Fair Trading
conditionally, inter alia, on the appointment of new Directors to the Board of
Colorvision. Adverse publicity surrounding the renewal of the consumer credit
licences lead to a collapse in sales and a review of credit facilities available
to the Colorvision. On 31 July 1996 joint Administrative Receivers were
appointed. The report of the Administrative Receivers stated that unsecured
creditors, estimated in the Statement of Affairs to total approximately 6
million, were unlikely to receive a dividend.

There are no other matters requiring disclosure to be made under Schedule 2 of
the AIM Rules.



For further enquiries please contact:

Stephen Barclay: CFA Capital Group Plc Tel: 020 7090 7800

Isabel Crossley: St Brides Media & Finance Ltd Tel: 020 7242 4477




This information is provided by RNS
The company news service from the London Stock Exchange

The guy that bought the 1.5 million at 1.12 this morning has sold the lot, 2 lots of 750k at 1.16. he posted at 15:32 on advfn BB. Still to show up on the trades yet. some little profit for him

it drop at the end of the day.

Any comments regarding the agm anyone????

ooer!!! it finished the day down ... and some quite hefty selling from 4.00pm onwards. dont know how people can change their minds just like that . but i am glad , cos then we wont be having daft spikes ups and downs. let it ride and this company will show good profits , and the share price will rise accordingly. if in doubt , re read post number 1. the reasons sue helen gives are good and still stand.

Were we expecting a bit too much from the AGM?I think people some posting on here were.

Steady as she goes seems to be the motto from the management.

Very difficult to forecast how much profit this company will make & future growth depends on the market bouyancy.

All my opinions...

AIM busiest IPO market this year

http://observer.guardian.co.uk/cash/story/0,6903,1217575,00.html

slmchow, interesting article. was there any indication at CFA`s meeting as to what, and how many, companies they have plans to bring to market in near future??

I have gone through most post on the BBs and have not come across anyone that attended the agm except alot of people trying to read into the RNS with varying opinions.

The only thing of interest I came across is STN which CFP has 12million shares.
This is a quote from the post

"STN's shares were trading at about 1p recently before STN announced an immediate suspension in trading of its shares. At the same time it also announced that it had signed a heads of agreement with a Russian Gold & silver mining company to purchase the whole share capital of that company. As the current NOMAD, it is highly likely that CFP will be involved in this purchase but the interesting thing is why they decided to temporarily suspend the shares. It is possible that this is a very large deal and there will be a need for further fund raising and share reorganisation in STN - all of which could be lots of work for CFP! It has been said that the shares could relist at around 6p but the time frame for the lifting of suspension of shares has still to be announced."


It quotes STN 6p? I have also read in will come back to trade at 3p at least. Your guess is as good as mine.

snakey

I am just quoting what I have read from the afvdn BB (among all the nonsense that have been posted there the last few days) is that they are expecting a testing week

Carchase who post TA on the BB posted this

"If we use the theory that on the last peak, in fact the very last day of it, T20 trades went through, then that was 12 trading days ago. This means that 6 trading days to make up their minds. However treat the last day as weak T20 buying. The strongest day would have been the beginning of the rise, 16 trading days ago. This means by Tuesday close they will be out or paid up. Overall next week will be a test, and the good news is we are very very close to oversold. What we do not want is to break down below the last retracement of 1.1p. This acted as resistence point and we do not want to flip back to that since it is support right now."

It'll be interesting to see how the MMs play it next week. If they can see a few T20 shorts stacking up in the order book, they're ideally going to want to sell the shares back to these guys at top prices when they close out.

Its like a nightmare coming true... current spread is 0.90-0.93

any reasons for the drop

yip
chickens
lol
not one negative mentioned but the chickens are for running
lol