http://www.pcfg.co.uk

Trading at a significant discount to current NAV. Recently put 4M in the bank. Two brokers notes out from August for BUY and ACCUMULATE.

Company also pays a dividend.

Seems to have been forgotten so maybe now is the time to BUY.

Knowing - you should be locked up IMO for highlighting ancient forecasts to ramp stocks.
Would you like to update readers with current forecasts for FY04 and tell them what the real PE based on those figures is??

Rgds
dell

Mr Trotter,

As was explained to you on ADVFN you don't really understand the whole scenario but I will spell it out for you here;

From the This is Money article it transpires that Daniel Stewart have issued a BUY note however this note is not in the publicc domain. As the last note was also a BUY I thought it interesting to post up that note so that perspective investors could read the information to hand.

If you have the new note then please paste it up or P*ss off !

Knowing - you should be locked up IMO for highlighting ancient forecasts to ramp stocks.
Would you like to update readers with current forecasts for FY04 and tell them what the real PE based on those figures is??

I'm still waiting for you to quote current FY04 forecasts and PE and give them equal prominence to the out of date misleading forecast that you have highlighted in red...

Rgds
dell

dell if I post that information you would probably constru it as a ramp.

Looking very cheap now. NAV 50p buy for under 30p.

Watching for a pick up in interest.

any views on results mid March - more bad news and another lurch down? Karma needs to turn round quick or discount to NAV may get worse. anyone aware of what discount ot nav PCF has usually traded at historically? am watching and waiting. does anyone thinkl the dividend is under any threat?

any life out there?

Trouble is this is a desperate sector to be in. Ads from Yescar and the other major players offering competitive rates, fears that the likes of Tesco may be on the verge of joining in and too many companies chasing too little business. A sector to avoid imho, sorry, though on the plus side PCF are cheap, even factoring in all that.

hawick the car sales business is a very small part of a very profitable company which is very diversified.

I see that buyers started to appear today and I am considering a few at this level as it is on a 40% discount to NAV !

Maybe time to add a few this week.

A very profitable company??
Perhaps you missed this and it explains the ongoing collapse in the shares:
Dated 16th December.
"(AFX) - Private & Commercial Finance Group PLC warned it will report deeper than expected losses for the current year because sales at its new Karma Cars division are falling short of forecasts."

no respite in falls - are we going broke? any views as to how bad things are - dividend to be paid? market appears to fear the worst.

I have been saying for sometime that you all should be very careful with this company. INHO the venture into Karma will be a disater and drag the company further down. The people running this business are not taking the company in thee right direction. the jewel in the business is the leasing book which contributes much more and I suspect m,aybe sold off at some time to prop up the company.

Well Karma has gone...thank god.

Now , maybe they can concentrate on what they really understand.

Ticked up a little and very few sells now. Could be the bottom. NAV at 28p so plenty of upside here ].

City Confidential - 1 May 2005
PRIVATE & COMMERCIAL FINANCE-17p AIM
This specialist finance group, which provides both consumer and business finance, has decided to close down its Karma Cars car supermarket business in the light of continuing losses caused by the downturn in the UK car market. This is holding back the group's return to profitability. The closure will result in an exceptional charge of around 0.5m in the current year, but should allow management to focus once again on the core business. The shares are a SPECULATIVE BUY.


http://www.pcfg.co.uk/investors/pressComment_details.jsp?page_id=325

Well starting to creep back up. Little volume moving it too so looks like the MMs know the NAV is around the 30p level.

Good bargain at this price.

Had to dip my feet in earlier. Should go higher tomorrow after the coverage it may get in the press.

Private & Commercial Fin Group Plc
16 June 2005



PRIVATE & COMMERCIAL FINANCE GROUP PLC
STATEMENT RE. SHARE PRICE MOVEMENT
16th JUNE 2005

The Directors of Private & Commercial Finance Group plc ('PCFG' or the
'Company') note the rise in the Company's share price today. The Directors have
received a tentative approach which might or might not lead to an offer for the
Company. It should be emphasised that no substantive discussions have yet taken
place.

In line with its usual practice, the Company intends to release a pre-close
period trading update before the end of June.

A further announcement will be made in due course if appropriate.



Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the
'City Code'), any person who, alone or acting together with any other person(s)
pursuant to an agreement or understanding (whether formal or informal) to
acquire or control relevant securities of PCFG, owns or controls, or becomes the
owner or controller, directly or indirectly, of one per cent. or more of any
class of securities of PCFG is required to disclose, by not later than 12.00
noon (London time) on the London business day following the date of the relevant
transaction, dealings in such securities of that company (or in any option in
respect of, or derivative referenced to, any such securities) during the period
to the date on which the offer becomes or is declared unconditional as to
acceptances or lapses or is otherwise withdrawn.

If you are in any doubt as to the application of Rule 8 to you, please contact
an independent financial adviser authorised under the Financial Services and
Markets Act 2000, consult the Panel's website at
www.thetakeoverpanel.org.uk

wilbs

Have you seen the two very very positive broker notes released today on the PCFG website ?

http://pcfg.co.uk

Look at the expectations and this could be trading nearer to a pound then 30p. People are just starting to wake up as this news has put PCF on many peoples radars.

I am hoping for good press coverage tomorrow to bolster the price further.

Bargain still at this price as no multiple to NAV ! Adding tomorrow as this could easily move to 50p+ in a very short time.

15M shares in issue and many now being held firm. This means more illiquidity and sharper moves.

Having watched PCF for many years there was not alot of stock sold on the way down from 45p to 22p and subsequently strong buying will move the price rapidly. Watch the shakes along the way as the MMs will be needing stock for sure.

Remember that people have already said that this will be taken out for over a pound.