Entering the normal range of PE's Comparable P/E ratiosPCF 13.5PFG 23.2SUS 13.2The above are the current P/Es.Current market cap is therefore set to rise substantially as they deliver on their normal business plan. If they can continue to improve margin then we should also see a substantial upside from where we are today in terms of share price.I wasn't always a fan of boring businesses but this kind of boring I can live with! If they become a Bank, even better.Roundish
Re: Brokers Glass half-full man, eh?Add it to the.... "Not wanting to put a dampener on things but given how annoyingly large the spread always is on this, if it actually did reach 17.3p middle, then the bid would probably be 16.5, ie 0.5p above the current offer."
Re: Brokers There is no dividend. Forecasts may include one, but is no support.
Brokers Panmure Gordon 17-4-2015 BUY and they reiterate the numbers which I detailed a little earlier.Westhouse 15-4-2015 also have a BUY for PCF.The rising dividend now starts to give support to the share price and this is likely to be even more so the case as we go forward to higher ground.m
Re: New tp today - 20p - further confirm... I think Panmure Gordon have called this incorrectly.This is a business with a lot of potential as it becomes "solid and boring" in the same way a lot of much larger lenders have become.If they secure their banking license, this will almost certainly double in price immediately in anticipation of their cost of funds reducing.This is now my top performing share and it looks like it has a long way to go.Perfect & Content Group plc!
Re: New tp today - 20p - further confirmation 16 Apr 2015Panmure Gordon Buy New Target Price 20pBuy now and just sit back for the ride.m
Re: Massive Pre-Close RNS sp beginning to move at long last. Patience being rewarded.
New tp today - 20p 15 Apr 2015 PCF Westhouse Securities Buy 17.25p New Tp 20.00p Reiteratesm
Massive Pre-Close RNS PCF not much given to shouting it from the rooftops, so this must be seriously good![link] a very realistic target.m
RNS results ahead of expectations Extracts from today's RNS: "PCFG, the AIM quoted finance house, advises that the Group's results for the year ended 31 March 2015 are expected, subject to audit, to be ahead of market expectations." "Progress continues on the banking licence application and the Group intends to present its business plan to the relevant authorities in the coming month."
Re: Target price 17.3p - BUY. Not wanting to put a dampener on things but given how annoyingly large the spread always is on this, if it actually did reach 17.3p middle, then the bid would probably be 16.5, ie 0.5p above the current offer.
Re: Target price 17.3p - BUY. Separately, from a service which I pay for, I have located PG's forecast for 13-4-2015 which has 1.2p of eps and 0.3p div for 2015....2016 numbers are 1.48p and 0.4pm
Re: Target price 17.3p - BUY. 08 Apr Panmure Gordon Buy 15.50sp 17.30tp 17.30tp ReiteratesI didn't see any PG report - just the mention of their tp on one of the lists of brokers' upgrade/downgrades.m
Re: Target price 17.3p - BUY. Do you have a copy of it. I tried their website but Panmure Gordon want to deluge me with marketing just to access the report (which is less than appealing).Either way, nice up tick today.
Target price 17.3p - BUY. per Panmure Gordon, today.mP.S - whilst you can! m