Member Info for Del786

Thus this year's objective is to build upon a solid platform of sustainable profitability. With this achieved, we will be well positioned to move the Group to the next stage of its development which I anticipate will involve the consideration of strategic acquisitions to both broaden and strengthen our customer offering.

Conister Card Services Limited We continue to actively seek ways to monetise our MasterCard® licence but we will not be rushed into entering partnerships until we are sure the relationships will be profitable. Whilst the dynamics of the contactless payment market are encouraging, we must ensure that the technology platforms are proven and accepted by the consumer before committing ourselves. We will progress our on-Island tests and we will continue to provide solutions to Island based businesses and government departments.

We acquired a small general insurer last year and, having now assimilated it into our business, we are positioned to grow both by cross-selling into our existing customer base and by extending our reach into the commercial general insurance market. Whilst the business is currently small, the opportunity is large.

Sorry I couldn't answer question but I'm too off Sunday so more than welcome to drop the company a mail

You may get another chance to buy tomorrow if any dips but the beauty is - Low shares in issue and company will address the poor share price. I missed CPP rise from 3p as I got in at 12p - (not suggesting) but I'm sure this will multi bag . Sick assets and people need to read today's RNS to realise how amazing it is and Mr JIM Mellon - absolutely amazing background that alone adds value lol

StockMarketWire.com - Manx Financial Group swung to a first-half pretax profit of £0.3 million, from a loss of £0.6 million. Net interest income totalled £3.7 million, from £2.5 million. "The encouraging news is that this improvement was not solely driven by the cost reduction exercise we undertook last year but also, more importantly, by a significant growth in sustainable income," said executive chairman Jim Mellon in a statement. "Both Conister Bank Limited and our Isle of Man based Independent Financial Advisor (IFA) subsidiary, Edgewater Associates Limited, delivered a much improved financial performance," it said. Other highlights included: - Loans: £64.88 million, up 23% (2012: £52.65 million) - Total Assets: £81.73 million, up 18% (2012: £69.00 million) - Customer Deposits: £67.85 million, up 18% (2012: £57.73 million) - See more at: http://www.stockmarketwire.com/article/4653450/Manx-Financial-Group-swings-to-H1-pretax-profit.html#sthash.s0YI7Yqn.dpuf

Evening dude are you in or waiting ?

We saw CPP rise to days level and once this Re-rates we will see the same gains. All IMO but have a look at today's RNS to see where it heading. Board aware that the share price does not reflect the companies achievement

Very experienced----------------------------- http://www.mfg.im/board-senior-management

Jim Mellon, Chairman Jim Mellon was appointed as Non-Executive Chairman in November 2007, then Executive Chairman in February 2009. He holds directorships in a number of publicly quoted companies, many of which are in the financial services sector. He is a life tenant of the trust which owns Burnbrae Group Limited which, in turn, indirectly holds approximately 20% of Manx Financial Group PLC. He is the founder, principal shareholder and co-Chairman of the Regent Pacific Group, quoted on the Hong Kong Stock Exchange, with total assets of approximately US$ 250 million. He is also founder, principal shareholder and a non-executive director of Charlemagne Capital, based on the Isle of Man and quoted on the London AIM market, which has approximately US$ 3.48 billion of assets under management.

I am pleased to confirm that, as expected, we have now turned the corner into profitability. James Mellon, Chairman

Net Interest Income: £3.68 million - up 44% (2012: £2.55 million)---------------Net Trading Income: £3.05 million - up 16% (2012: £2.64 million)----------------Trading Profit: £0.42 million - up 367% (2012: £0.09 million)--------------- Profit for 6 months: £0.26 million - up 145% (2012: loss of £0.57 million)--------- Loans: £64.88 million - up 23% (2012: £52.65 million)------------Total Assets: £81.73 million - up 18% (2012: £69.00 million)-----------Customer Deposits: £67.85 million - up 18% (2012: £57.73 million)----------

Chairman statement I am pleased to confirm that, as expected, we have now turned the corner into profitability. I can report that the Group's bottom line Total Comprehensive Income is £0.255 million for the period, an improvement of £0.822 million on last year's Interim results (2012: loss of £0.567 million). The Profit Before Tax increased by £1.022 million in the six months to £0.305 million (31 December 2012: loss of £0.717 million).

Keep out for any late buys, absolute bargain at current price. The RNS confirms company aware that SP does not reflect the correct price

Unfortunately, none of this positive performance is reflected by our share price which remains hugely undervalued. Our market capitalisation is currently less than shareholder equity. The value of our banking licence and profit potential are not factors properly recognised by the market and we will be addressing this issue in the months to come.

Could see delayed buys appearing. Anyone at these levels will see a RERATE which company addressed today on news

I am pleased to confirm that, as expected, we have now turned the corner into profitability. I can report that the Group's bottom line Total Comprehensive Income is £0.255 million for the period, an improvement of £0.822 million on last year's Interim results (2012: loss of £0.567 million). The Profit Before Tax increased by £1.022 million in the six months to £0.305 million (31 December 2012: loss of £0.717 million). The encouraging news is that this improvement was not solely driven by the cost reduction exercise we undertook last year but also, more importantly, by a significant growth in sustainable income. Both Conister Bank Limited and our Isle of Man based Independent Financial Advisor (IFA) subsidiary, Edgewater Associates Limited, delivered a much improved financial performance.

Give it a chance we've only traded 2 hours and how many of that have you held for ? Company aware that SP need to re-rate- they've highlighted on today's RNS . Order filling and a jump

Absolute steel ------------The outlook is extremely promising for the company. Conister Bank is accelerating wholesale funding agreements with credit-strapped but profitable enterprises. An easy access to the Isle of Man deposit market will ensure liquidity is not a restriction to growth. With Edgewater Associates now re-organised, we are well placed to capitalise on the introduction of RDR on the Island with new business coming from both existing customers and the gaining of market share. Thus we have created a sustainable group of companies capable of generating capital upon which further growth can be founded. The opportunities available to us are both numerous and likely to prove profitable. I continue to expect a positive conclusion to the 2013 year-end. This will provide a solid platform for further growth in 2014 and thereafter.

Couple of delayed buys appearing