Keyword results: PCF

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The Deep Drill on Finals from the Fraud, Supply@Me Capital: Part 3 – the accounting blunders

Earlier, I exposed numerous red flags concerning a) 2021 revenues and b) the Tradeflow deal; now, I turn to Supply's (SYME) accounting blunders from calendar 2021. Of course, the company is no stranger to accounting blunders, including:

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PCF
PCF
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Things get even worse at PCF, another suspension looms and this is all the work of disgraced David Bull of the Supply@ME fraud

Having just managed to get its shares unsuspended, PCF Group (PCF) has today warned folks that they are likely to be suspended again. To have your shares suspended once may be understandable. But twice looks like carelessness and the man responsible is now a key figure in the Supply@ME Capital (SYME) and Eight Capital Partners (ECP) fraud. Any quarter decent firm would have suspended David Bull months ago. But Supply & Eight promoted him instead.

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PCF
PCF
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PCF Group – interims further highlight mess left by David Bull (now of Eight Capital Partners and Supply@ME Capital infamy) & co

Business and consumer financing group PCF (PCF) has announced results for its half-year ended 31st March 2021 (at last!), noting “statutory profit after tax of £1.0 million” and it “pleased to announce” shares suspension lifting. What then of a share price response to 15p, 38% lower than previously?…

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Bearcast
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Tom Winnifrith Bearcast - now you see it now you dont, the melting Tern NAV

In today’s podcast, I reflect on yesterday’s family meal in Shipston, then look at Central Copper Resources and Red Rock Resources (RRR), folks may believe in Santa but do they still believe in Andrew Bell? Then I consider Tern (TERN), PCF Group (PCF) and the fraud Supply@ME Capital (SYME) and I urge you to enter Nigel’s sweepstake HERE before midnight. Finally I have along look at Vast Resources (VAST).

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PCF
PCF
PREMIUM CONTENT

PCF Group Accounts out– with the benefit of hindsight was David Bull of Supply@ME infamy really a good leaver?

AIM “starlet” PCF Group (PCF) has finally published its long delayed annual report for the year ended 30 September 2020.  The company’s shares remain suspend at the present time.  The strategic report indicates that “a number of items have caused a reduction to profit before tax of approximately £7 million for the twelve months to 30 September 2020, compared with the preliminary results published in December 2020”.  The preliminary results recorded a profit before tax of £2.1 million so it’s a massive change.

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ECP
ECP
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Another David Bull feck up as the curse of theSupply@ME fraud strikes again at Eight Capital Partners with Companies Act blunder!

Eight Capital Partners (ECP) is blessed with having as its chairman Dominic White, one of the brains behind the Supply@ME Capital (SYME) fraud and until recently its chairman.It also has as its CEO David Bull whose accounting blunders have created a massive black hole at AIM Listed PCF (PCF) causing its shares to be suspended. Bull chairs the Audit Committee, no sniggering please, at Supply. And Eight is, via a complex structure enabling Supply boss Alessandro Zamboni to dump all his remaining shares in his Standard Listed scam. What’s not to like? Oh yes: Eight has fallen foul of the Companies Act.

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PCF
PCF
PREMIUM CONTENT

Supply@Me Capital – David Bull’s toxic legacy, as a CFO at AIM banking group PCF, gets even more toxic

Shareholders in Supply@Me Capital Plc (SYME) have dual exposure to Mr. David Bull.  The first is in his capacity as the Non-Executive Director and Audit Committee Chairman of Supply where his role is to exercise oversight and guidance over the financial reporting process and controls at the Group.  The second is via his position as CEO of Eight Capital Partners (ECP)  which holds an equity interest in Supply and is also lender to an Alessandro Zamboni corporate shareholder in Supply which is secured on Supply shares.

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PCF
PCF

PCF the accounting black hole gets worse – a reminder of what the guilty man does now!

Oh dear, oh dear. Shares in PCF Group (PCF) which have been “temporarily” suspended since an accounting black hole emerged on 19 May look like they are going to be “temporarily” suspended a  good bit longer. The AIM dog had said that the black hole in the September 30 2020 P&L was going to be less than £750,000. But today…

PREMIUM CONTENT

Supply@ME Capital – More CV Bull-shit

In my article of 22 July, I revealed the piss poor CV of David Bull, the new Non-Executive Director for Supply@ME Capital (SYME). In the career summary issued via the RNS, he managed to omit key facts such as his close links to outgoing Chairman Dominic White (in his capacity as a Non-Executive Director of Dominic White’s Eight Capital Partners Plc) and his prior role as CFO of now suspended AIM share PCF Group Plc (PCF) caused by a number of deficiencies in PCF’s financial control and reporting function.  

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Supply@ME Capital Chairman walks – release total Bull

It was on July 1 that Evil Banksta sent me a job advert for the non exec chairmanship at Supply@ME Capital (SYME) asking me if I was thinking of applying. With no wish to add chairing a fraud to my CV I declined but I assumed that Supply had already announced that Dominic White was off. Schoolboy error!

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PCF
PCF

The Bank that's Bashing Ahead with a Growing Bank of Customers

Hello, Share Rippers. I stick by my general support of High Street banks, believing they’ll claw back at least some of their slashed share prices over the last ten years. But if you’re still smarting over your bank disasters and simply don't trust your dough to them, you might have a look at the much smaller challenger banks.

PCF
PCF

Zak Mir's Bull Call Of The Day No.2: Private & Commercial Finance Group:2014 Price Channel Target At 33p

While the rather ragged appearance to the candles on the daily chart of Private & Commercial Finance Group underline the way that this is not the most liquid stock on the London market,

PCF
PCF

Zak Mir's Bull Call Of The Day No.1: Private & Commercial Finance Group: 2014 Price Channel Points To 27p

Progress at and along a rising 200 day moving average is what one would expect to see in the more robust of technical situations, and this is what we have been treated to with the shares of Private & Commercial Finance Group (PCF) over the recent past. With the company having pulled back to a possible level of support, I offer a share price target for the potential upside on offer

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