PGC - Licenced to Bank

[percy]

I would think with so few finnance still in business Marac would be doing great business,and with low interest rates their margins would be good.not to many weeks away before we have a result.I would expect them to be on track.Divie possible?

[Breastwork]

"South Canterbury Finance has had its credit rating cut from B+ to B- by Standard & Poor's on concerns the statutory management of owner Allan Hubbard's interests will damage investor confidence."

[bull....]

Pgc just broke support at 43c if it closes below 43 new lows are possible.

The fallout if SCF goes bust would probably affect Marac as well in my view so you got torchlight and Marac which could be affected from all this.

[Logen Ninefingers]

SP now at 41c in early trading.

[Dr_Who]

Time to face reality.

[Logen Ninefingers]

Q. Guess who's waiting to swoop in and control the assets if SCF falls over?
A. A statutory manager appointed by the Govt.

[Balance]

George Kerr & directors will be grinning from ear to ear.

More cheap shares for them to tuck away.

[Balance]

Time to face reality.

George Kerr says : "Thanks, matey. Keep up the good work. Cheaper the better. I still have 4.7% to buy before I hit 20%. Last lot cost me 50 cents."

[percy]

George Kerr says : "Thanks, matey. Keep up the good work. Cheaper the better. I still have 4.7% to buy before I hit 20%. Last lot cost me 50 cents."

You have it right again balance.Fear and greed makes markets.Winners and losers.G Kerr has a record of winning.He brought at 50cents to make money.

[Balance]

You have it right again balance.Fear and greed makes markets.Winners and losers.G Kerr has a record of winning.He brought at 50cents to make money.

Word is that directors and management bought today.

George Kerr wishes to personally thank Dr Who for his grand effort in talking sp down. "Thanks again, matey."