Banking on PCF

Aim-traded shares in specialist bank PCF (PCF:42p) have been popular with investors this year, rising by more than 50 per cent at one stage after I included them, at 27p, in my 2018 Bargain Shares Portfolio. I reiterated that buy advice at 31p following a robust pre-close trading update (Bargain Shares: Beating the market’, 12 Mar 2018). The half-year results didn't disappoint and are highly supportive of the ongoing re-rating.

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