Cenkos Securities Share Discussion Threads

[speedsgh] 03/6/2016 07:29

Cenkos have been replaced by Numis as Nomad/broker at Benchmark Holdings (BMK). Cenkos were broker on BMK's £185m placing in Dec 2015...

Change of Nominated Adviser and Broker -

[speedsgh] 26/5/2016 12:21

CWA1 - Thanks for the Edison note. An interesting read.

Exhibit 8: 'Illustrative full year scenarios' for the current FY is interesting. Based on their downside figs, Edison project no interim dividend payment with a final dividend of just 5.0p. That is of course the ultra cautious view. If Cenkos manage to outperform current expectations as per their upside figs, Edison project a 20.0p full yr div. Mid-case is for 13.0p full yr div.

Now over to Cenkos to see what rabbits they can pull out of the hat over the next 7 months.

[speedsgh] 25/5/2016 21:06

I am personally taking a far more cautious line for the current yr + am expecting a div somewhat less than the 14p paid in FY2015. H1 seems like it's been quiet for them to say the least. On current form I suspect that they will struggle to match the 14.2p EPS made in FY2013, let alone FY2014 EPS 35.2p, FY2015 EPS 27.2p. Maybe things will improve once the uncertainty of the referendum is behind them but I prefer to manage my expectations. I look forward to being proven wrong!

PS I noted in an interview I watched yesterday with the CEO of an AIM-listed PR company that they had 11 IPOs on their books going in to the start of this year and every single one of them has been shelved due to Brexit. Read into that what you may. Some brokers (e.g. Numis) still seem to be doing pretty well but the general theme seems to be one of struggle.

[jbat] 25/5/2016 13:54

IMHO, satisfactory means not disappointing. Enough to maintain the same dividend as last year but nothing more.

[garycook] 25/5/2016 13:54

Speed,Thanks for that.

[speedsgh] 25/5/2016 13:17

Small £10.2m placing at Angle (AGL). Whilst there is no confirmation within the rns, one would assume that Cenkos acted on the placing in their current role as Nomad/broker...

PLACING TO RAISE £10.2 MILLION -

[speedsgh] 18/5/2016 11:45

And to whom ar they satisfactory? Cenkos management or shareholders? Compared to the last couple of yrs I have detected little in the way of fundraising activity by Cenkos so far in H1 so I am very much expecting the current FY to be a lean year unless they can pull one or two oversized rabbits out of the bag.

[mister md] 18/5/2016 10:52

thats what I was wondering too !

[imranawan] 17/5/2016 18:24

What does satisfactory translate into PBT forecasts and eps?

[cwa1] 17/5/2016 17:45

AGM Statement

"Whilst markets have proved challenging since the start of 2016, we have been engaged in a number of significant fund raisings for clients so far this year. Our pipeline and outlook for the full year is satisfactory."

[jbat] 04/5/2016 08:23

Bailed? Trade his if you want, but I'm not convinced we're due another leg down.

[keith95] 03/5/2016 17:36

I've bailed now ... looking for 120p.

[opodio] 27/4/2016 20:58

moving northwards

[keith2006] 27/4/2016 15:24

I think the tesco phrase- every little helps
thanks Gary

[gary1966] 27/4/2016 14:57

Small placing at HNR with Cenkos the broker. Exciting little company that could be a good earner for them.

[speedsgh] 22/4/2016 10:38

A comment in an article today on IC's website...

"UK brokers are seeing a perfect storm of declining broking margins, a volatile equity issuance market and legislation threatening to reduce research and execution commissions."

[garycook] 21/4/2016 14:06

Me too Speedsgh.Good to have a fellow shareholder on the ball.And with CNKS coming back strongly from lows,makes it even better

[salpara111] 21/4/2016 13:09

My thanks as well.
So many threads are populated with morons with nothing constructive to say, it is great to have someone posting information of value.

[imranawan] 21/4/2016 13:05

Thanks from me too speedsgh. Your consistent hard work on this thread is much appreciated.

[billiam] 21/4/2016 12:58

Cheers from me too speedsgh, always much appreciated.

[cwa1] 21/4/2016 11:00

I'll second(third?!) that thanks to speeds, great that someone is keeping their eyes peeled for announcements here. Seems as if they are ticking along with regular, solid if unspectacular, additions.

[speedsgh] 21/4/2016 10:49

New mandate. Cenkos replaces Numis as Nomad/corporate broker at Rotala (ROL)...

Change of Adviser -

Rotala (AIM: ROL), announces that it has appointed Cenkos Securities plc as its Nominated Adviser and Broker with immediate effect.

About Us -

Rotala provides a range of transport solutions, from local bus services under contract to local authorities, to commercial bus routes.

Rotala is an AIM listed company, whose group companies are in the business of bus, coach and transport management services. The operations are undertaken by various depots throughout the United Kingdom, but focused on two key areas for local passenger transport.

[speedsgh] 21/4/2016 10:47

No problems, guys. If I'm doing the research anyway, would seem stupid not to share it. Best of luck.