thats the problem, its a very simple concept with (now) huge barriers to entry, BBB are the latest to fall foul, but those that hava come a cropper are the ones who have to make provision for mis- seliing ie IFAs, he is adamant none will be taken on.
I have looked from every angle, spoken to others from the industry it is a set up just waiting to be taken by a provider, the only snag at the moment is he wants the much talked about £1 a share.
BP had lots of offers but chose PBH we paid 1 years revenue for it and it was loss making, we make a profit and have revenues of 8.2m for the year ended 05 so lets give it a market cap of 1 years revenue that is still 40p a share, we are on course for 1m profit on a growth stock so give it a p/e of 10 and we are not that far adrift on that figure either.
There is still consolidation going on, mortgage driven banks are making all time highs, builders all time highs even countrywide is making highs, we are next in line in the food chain, cos none of it happens without us we will go im sure just when (and when do we get a decent PR)