Cenkos Securities Share Discussion Threads

[smicker] 15/9/2023 11:35

Is there a new board created?

[quepassa] 08/9/2023 07:02

New post-merger shares start trading today under ticker

FCAP


Old Cenkos shares cancelled today

[thelongandtheshortandthetall] 31/8/2023 09:19

I'm looking forward to seeing how the combined entity performs.
'Cavendish' will do. Good name.
:)

[speedsgh] 31/8/2023 09:12

Cenkos has acted as Nomad/sole broker on £3.3m placing for Rosslyn Data Technologies (AIM:RDT)

[speedsgh] 30/8/2023 11:55

Cenkos is acting as sole bookrunner on the UK portion of a placing to raise up to GBP4.5m for 88 Energy Ltd (AIM:88E).

[speedsgh] 22/8/2023 13:53

Cenkos has acted as Nomad/sole broker on £6.5m placing for Concurrent Technologies (AIM:CNC)

[speedsgh] 12/8/2023 09:31

FinnCap and Cenkos Names Set to Disappear From City of London -

British brokers are considering a rebrand to Cavendish

[tanneg] 09/8/2023 13:28

Cenkos is acting as sole broker on £6.2m placing for Velocity Composites

[quepassa] 01/8/2023 12:19

Yes.

And the number of UK intentions to float is astonishing.

I am quite certain that once the understandable state of flux settles down and the merger completes that Cenkos-Finncap will equally get their fair share of the increasingly confident IPO arena.

[makinbuks] 01/8/2023 11:49

Activity in fund raising definitely on the up judging by the number of e mails in my in box from Primary Bid

[speedsgh] 01/8/2023 11:18

Cenkos is acting as sole broker on a £9m placing for Eden Research (AIM:EDEN) who are also lookin to raise an additional £0.5m via retail offer.

[quepassa] 26/7/2023 08:01

Yes, I think you are missing something.

The business is successful. And the future prospects for the newly-merged firm should be outstanding as the new leading independent broker.

The sector is however highly cyclical. Always has been. Always will be.

And players in this sector -together with their shareholders- go through periodic times of feast and famine.

The recent business cycle has been dreadful for business which has lead to much reduced sector-wide profitability and a restructuring of the sector which includes the merger of Cenkos with FinnCap and the sale of Numis to Deutsche.

This is a result of the near closing of the new issues and IPO market after Brexit and the bursting of the Tech sector bubble in the USA . This has hit fees hard and in turn profits and this is reflected in much lower share prices.

However, there are now distinct signs that the market has bottomed and started the up-cycle phase - judging by an increasing number of IPO's both in the UK and in the USA .

In these circumstances, a 3p dividend is very generous indeed. They didn't have to pay one.

But more importantly, with interest rates peaking, M&A/IPO activity picking up, and an anticipated easing of UK listing regulations, the market is moving off the bottom and the future prospects for Cenkos-FinnCap should be fantastic.



ALL IMO. DYOR.
QP

[grahamg8] 25/7/2023 18:25

Am I missing something? The share price has dropped by 50% in the past year, we get 3p and are supposed to be grateful. Meanwhile the bosses pocked over 3m shares worth nigh on £1m. How much would they get if the business was actually successful?

[speedsgh] 25/7/2023 13:44

Somewhat bizzarely Cenkos have appointed as joint broker to Kromek Group (AIM:KMK) alongside the existing Nomad/sole broker, finnCap. I don't quite see the point when Cenkos & finnCap are in the process of merging but there might well be a logical explanation?

[quepassa] 25/7/2023 08:42

Now that formal FCA clearance has been granted for the FinnCap-Cenkos merger, timetable is now slated as follows:-


-Revised Pay Date of juicy 3p Interim Dividend is now 6th. September. (for shareholders on the register at 11/8/23)


-Old Cenkos shares to be suspended on 7th. September from 07.30hrs

-New Finncap shares to start trading 8th. September effective 07.00hrs


One old Cenkos share will be exchanged for 3.1942064 new FinnCap shares


all imo. dyor.
qp

[quepassa] 19/7/2023 08:20

Incipient signs in the USA that equity underwriting and investment banking fees are starting to pick up from a low base.

The UK always follows the USA .

Pundits predicting/saying that market lows for corporate finance activity and fee income have now firmly bottomed and starting the climb back up.

all imo. dyor.
qp

[value hound] 17/7/2023 16:41

I agree Arthur and bought a few today <27p. Mind you, I thought the same at 30.9p a few weeks back

[arthur_lame_stocks] 14/7/2023 16:08

For what it's worth I think these are worth a punt. The current market conditions won't last forever and the combination of CNKS and FCAP may be capable of making substantial profits when the market recovers.

[albert zog] 13/7/2023 13:26

Word on the street is not positive

£500m being withdrawn monthly from UK equities

[quepassa] 13/7/2023 12:44

Very respectable figures in a difficult market from merger-partner sees FinnCap's shares rise 8% today.

FinnCap reassure that merger with Cenkos remains on track for completion in Q3, citing HUGE POTENTIAL and attractive cost synergies for the future combined FinnCap-Cenkos businesses.

Tough market conditions now. But with Numis gone to Deutsche, FinnCap-Cenkos are extremely well placed as the new leading independent once the market cycle turns positive.


ALL IMO. DYOR.
QP

[speedsgh] 13/7/2023 11:21

Cenkos has acted as joint bookrunner (alongside Stifel Nicolaus Europe) on a USD16.1m (GBP12.5m) placing & subscription for Chariot (AIM:CHAR).

[charo] 08/7/2023 07:00

As both parties likely to see further substantial falls in share price a counter bid for one or other part cash could be a winner.

[speedsgh] 07/7/2023 07:21

Some key highlights from the Numis trading update issued on Weds this week shows difficult trading conditions in the sector continuing...



Key highlights:

· Q3 total revenue was below the first half run-rate reflecting a deteriorating market backdrop across the investment banking industry

· M&A revenues remain strong despite more challenging financing markets, however capital markets revenues were impacted by cyclically low deal volumes

· Market conditions are expected to remain difficult through the remainder of FY23

[speedsgh] 07/7/2023 07:16

Cenkos is acting as sole broker on a £10.7m placing for TClarke (LSE:CTO).