Member Info for Paradisewanted

Dark night- that’s great but do we have confirmation 92 million shares are currently shorted?

Emerald- please do tell us where these Co's shorting PFC are based?

I think we All have a right to know. Then we can all draw our own conclusions.

Many thanks

Emerald- point well noted. As I said there is a clear conspiracy between berenger & Morgan and shorters to bring down PFC- they will fail.

Sincerely hope Berenberg and J.P.Morgan go bust. Those who dig a hole for others fall themselves.

Totally agree with you. It seems Berenberg, J.P.Morgan are orchestrating downfall of PFC. Let’s hope these conspirators themselves go bust.

No doubt they are involved with shorters. Their fingers will get burned soon wait for 20 Dec, these shorters will start to reduce their short positions to minimise their losses. Only problem is these nasty shorters also make money when price goes up through hedging.

Parden the language but shorts will be f’d as even if PFC need to strengthen their balance sheet, this beat up sp is totally unjustified. They will have to close their positions quickly but will suffer huge losses.

Share dilution will not be at this ridiculous low price.

Looking forward to the rise not long to go before 20 Dec.

What we don’t know is who’s selling? I mean is it a major institution? Also is that more than one big seller? If so then I assume price is going to fall further until they stop selling.

Although it’s also obvious this is being massively shorted. I have zero doubt this is going to rise rapidly as absolutely no way this low price is justified even if a dilution is required.

Boy this is massively dirt cheap right now. Great time to make huge profit

This was the position in August interim trading statement, The company also expects "broadly neutral" cash flow in the second half of 2023, and a "positive tailwind" from cash advances relating to the new E&C awards won in the last six months.

Chief Executive Officer Tareq Kawash said: "As I look ahead to the second half, my focus is on continuing to close out the legacy portfolio, improving our financial resilience and strengthening the balance sheet through the commercial settlements and advance payments due in the period, whilst delivering exemplary execution and selectively bidding to grow our high-quality backlog."

May be things have not improved but worsened!!!

Is a fund raising on the cards to strengthen balance sheet?

Obviously the city knows cash position can’t be good hence the severe drop.

Only question is what fair price will a fund raising be required and how much does PFC need to improve capital position?

Billy - how high you think this should be?

Apologies for ignorance, but who are the cornerstones?

What will happen to shareholders, if shares are suspended?

Hi Contrarian

What rumours? Obviously I’ve missed this!

It appears company may need to raise cash!

Https://www.bva.co.uk/news-and-blog/news-article/cost-of-vet-care-challenging-misleading-media-reports/

There’s been updating this morning for CVSG group.

RBC Capital Upgrades CVS Group Plc. (CVSG:LN) (CVSGF) to Outperform

September 13, 2023 1:44 AM

RBC Capital analyst Charles Weston ...

Very good point. I agree CMA regulations don’t happen overnight - it’s time consuming and years away.

This company trades globally and not just UK. CMA will take time…..

Next week’s trading statement is going to be very profit positive with strong forward guidance.

Heading back to £21 and beyond next week. Don’t forget this sought after company only has 71 million scarce shares. This is why it’s very volatile. Already made good profit when it dropped to £13.65 and then recovered to over £17.

Market traders have engineered this drop but can only do so much. It can only go back up by close of today.

CVS commented that it "has always sought to ensure its prices are appropriate and reflect fair value to our clients." However: "As the CMA have recognised, there continues to be a significant shortage of vets in the UK and employment costs represent the most significant proportion of our cost base. Our pricing reflects this and other inflationary pressures experienced in recent years."

"We always work closely with our regulators and we and our colleagues will support the CMA review," CVS said, adding: "We have a clear strategy to continue to expand our network and to improve clinical care through investment in facilities, equipment, technology and our people."

CVS is due to announce its full-year results on September 21.

Not long to go for full year results. Look forward to that as this fall is clearly over done.

AJ Bell's Mould warned that the sell-off could be an "overreaction", though he added that the CMA review looks to be "wide-ranging".

Razzledaz- many thanks. I agree this is a Massive buy opportunity. I am more than satisfied to have jumped in and invested in this company at this over sold bargain price. At 73 million shares, this is going to recover back upwards and towards £20 by next week.

Sorry unaware of today’s news on this. Can you please post link? Thanks