Cenkos Securities Share Discussion Threads

[spob] 11/7/2016 12:33

Topped up today, silly price imho

[keith95] 09/7/2016 07:08

'We import more than we export' coupled with 'Good for exporters'

I'm a consumer on holiday in Greece bought a shed load of Euros last year and topped 1.00am on the 24th ...

Next year the same holiday will cost me £400 more ... And with pound floundering our EU imports are costing 1/2 a billion pounds more a day ...

Love the logic of Brexiters ... Let's make ourselves poorer for a pipe dream.

[spob] 08/7/2016 19:56

Annual report -

116p, Mcap 65.8m, Nos 56.7m, Dilution ~ 2.8m shares, Net cash £30.6m, NCAV £27m

















1 Year






The issued share capital of the Company as at 1st May 2016 is 56,694,783 Ordinary shares of 1 penny each which are admitted to trading on AIM.


Individuals and significant holders as at 1st May 2016:

Hargreave Hale Limited 16.19%
Invesco Limited 15.43%
Paul Hodges 8.98%
James Durkin 8.79%
JPMorgan Asset Management Limited 7.49%
Cenkos Securities Employee Benefit Trust 4.80%
Nicholas Wells 3.85%



Forecast - Year Ending, 2016-12-31

Revenue (£m), 58.00
Pre-tax (£m), 9.33
EPS, 13.10p
P/E, 9.4
PEG, -0.2
EPS Grth, -52%
Div, 13.00p
Yield, 10.5%

[doc_oj] 07/7/2016 16:59

not sure whether to top up or is it going to drift down further?!

[jbat] 01/7/2016 09:26

Excellent information as ever speedsgh - my thanks.

[speedsgh] 27/6/2016 13:32

Further to my recent post #1901 re Cenkos acting on a possible placing for Providence Resources (PVR)...

Cenkos takes Providence stake -

London broker Cenkos Securities is taking a 6.1 per cent stake in Providence Resources, the Irish oil and gas explorer headed by Tony O’Reilly junior, in lieu of payment for €5.85 million in professional fees, the Sunday Times reported.

Cenkos, the company’s stockbroker, will be allocated almost 38 million shares as part of an overhaul of Providence’s finances announced last week, the newspaper said.

Proposed Placing Offer and Open Offer -

Under the terms of the Placing and Open Offer Agreement, the Company shall pay to Cenkos (subject to Admission taking place) a commission of US$6.5 million (the "Fee")). Under the Placing and Open Offer Agreement, the Company and Cenkos agree that the Fee liability shall be satisfied by the issue and allotment to Cenkos of 37,998,363 New Ordinary Shares in the capital of the Company (being the "Cenkos Fee Shares"). In addition, the Company will also pay Cenkos certain costs and expenses incurred in connection with the Placing Offer and the Open Offer and has given customary warranties, undertakings and indemnities to Cenkos, in each case in respect of the services provided by Cenkos in connection with the Placing Offer and the Open Offer.

[quepassa] 27/6/2016 09:46

Yes/no.

The hysteria is fully understandable. It is a shock result of monumental proportions which few were expecting.

After the grief/loss/frustration/surprise/shock/denial of the referendum result starts wearing off, the UK's newly regained freedom poses the most remarkable upside opportunity for the UK after years of being shackled in every way by Brussels.

But the financial markets are totally spooked and the likely volatility for a considerable time ahead will be enormous.

ALL IMO. DYOR.
QP

[jbat] 27/6/2016 09:27

I think that the hysteria over Brexit has been ridiculous. The FTSE closed up on the week last week, and a mere 2.5% down on the Friday itself. Considering how earth-shattering Brexit was supposed to be, it doesn't feel like it now. Yes, the £ has taken a kicking, but that will just stimulate exports.

The number of people in the media talking down this country is disturbing. Everyone now needs to accept the result, and work hard to make Brexit the success that it genuinely can be.

[quepassa] 27/6/2016 09:01

What are the prospects for further equity raisings by small corporates in such a negative and volatile market?

Problem is that this time market volatility will undoubtedly be LONG-LIVED.

Equity raisings generally require stable/positive market conditions.

Investor sentiment has been instantaneously shot to pieces post Brexit referendum result.

One can but wonder to oneself how this may or may not impact upon the fortunes of financial boutiques which may or may not swim in and feed off that sharks' pool.


ALL IMO. DYOR.
QP

[joe say] 22/6/2016 13:32

And what do you think of the German Trade ministers statement that the EU imposing tariffs on the UK would be self-defeating and hurt them more (given they sell us more than we sell them)?

[joe say] 22/6/2016 13:31

And what about the IPO's of exporters - they'll inevitably receive as price boost in your collapsed pound world?

[joe say] 22/6/2016 13:30

You think they'll be hammered forever then - even in your 'assumed' world?

[salpara111] 22/6/2016 13:12

Regardless of your in/out persuasion, I am assuming that an out vote will see most financial stocks getting hammered.
I am an underwater holder here so hoping for some decent sized IPO announcements in the not too distant future!

[speedsgh] 21/6/2016 11:55

Further to my post #1902, Comptoir Group (COM) have commenced trading on AIM today + confirmed they raised £16m via placing (were initially looking to raise £12m). Cenkos acting as Nomad/broker.

Admission and First Day of Dealings -

[garycook] 16/6/2016 00:46

Why the drop here,being holding up well.Market goes up after 3 down days,and CNKS goes down ?

[topvest] 13/6/2016 18:57

All very small fundraisings - hopefully they get a big one away in H2 if markets improve.

[speedsgh] 13/6/2016 14:47

Cenkos acting on £6m placing for Plexus Holdings (POS)...

Conditional Placing to raise £6 million -

"Cenkos Securities has entered into a Placing Agreement with the Company under which it has agreed to use its reasonable endeavours, as agent for the Company, to procure placees for the Placing Shares...

The Placing Agreement provides that a commission and corporate finance fee shall be payable to Cenkos Securities in relation to its obligations under the Placing Agreement."

[speedsgh] 07/6/2016 11:14

One that slipped through the net...

Cenkos recently acted as Nomad/broker on the UK portion of the AUD 25m placing for 88 Energy Ltd (88E). Details of how much was raised in the UK was not provided.

Oversubscribed Placement to Raise A$25 million -

Fladgate advises Cenkos Securities on share placing -

[cwa1] 06/6/2016 15:00

Cheers s, as ever your posts are appreciated here.

[speedsgh] 06/6/2016 14:55

Early heads up... Cenkos acting as Nomad/broker on planned IPO of Lebanese restaurant group Comptoir. Looking to raise £12m. Expected admission June 2016.



Comptoir Libanais plans to float on stock exchange -

[speedsgh] 06/6/2016 09:27

Possible placing on the cards for currently-suspended Providence Resources (PVR)?...



"Rumours continued to circulate about the fundraising by Providence Resources, the cash-strapped Irish oil junior run by Tony O’Reilly Junior, the son of the former Independent newspaper owner.

Sources said Cenkos, which is in charge of the placing, had secured orders for more than $70 million."

[speedsgh] 04/6/2016 06:54

Interesting article on brokers + issues facing the sector in latest edition of Investors Chronicle...

Broken Brokers -

"How analyst research is set to change and how it affects you..."