Anexo Share Discussion Threads

[p1nkfish] 23/6/2021 07:29

Anyone buying recently will see a very decent CAGR if this closes end of July.
Very decent.

[p1nkfish] 23/6/2021 07:27

Looking how DBAY acquired it 30% or so and from whom it looks like a game plan from day 1?

[p1nkfish] 23/6/2021 07:08

Unlikely I think. No one has shown any interest at all. Its a done deal imho with the insiders in on DBAY's possible offer. At least if you on on register at close 25th June there is also the 1p dividend that remains intact and doesn't come off the offer price.

"The Board is pleased to propose a final dividend of 1.0 pence per share which, if approved at the Annual General Meeting to be held on 16 June 2021, will be paid on 20 July 2021 to those shareholders on the register at the close of business on 25 June 2021. The shares will become ex-dividend on 24 June 2021. An interim dividend of 0.5 pence per share was paid on 23 September 2020 and that combined with the final dividend takes the total dividend for the year to 1.5 pence per share (2019: 1.5 pence per share)."

[boozey] 23/6/2021 07:08

A very poor premium to say the last but nothing us mere mortal private investors can do about that. As b1nky states let's see how this plays out.

[b1nky] 23/6/2021 06:47

It seems to me that they are trying to nick these on the cheap.Let's hope something or someone forces them to up their bid and pay a fairer price.

[p1nkfish] 23/6/2021 06:44

Not just DBAY see value here at 150p.
It looks one way for them at 150p, up in value imho.
Few are interested.

"........the status of Alan Sellers, Executive Chairman, and Samantha Moss, Managing Director, Bond Turner, as joint offerors to DBAY's possible offer is under consideration."

[p1nkfish] 23/6/2021 06:12

Possible offer at 150p. Happened sooner than I expected. May go through above?

[tole] 20/6/2021 15:33

https://masterinvestor.co.uk/latest/small-cap-round-up-featuring-amino-tech-anexo-avingtrans-and-more/Anexo Group (LON:ANX) – claims to be betterThe pre-AGM statement from this specialist integrated credit hire and legal services provider detailed that overall trading is in line with management expectations. That is despite travel restrictions and a massive build-up of cases awaiting court.Arden Partners analyst Andrew Simms rates the shares as a 'buy' with a price objective of 280p. For the current year to end-December he is looking for sales to rise from £86.8m to £94.1m, with adjusted pre-tax profits rising from £16.1m to £20.6m, worth 14.2p in earnings.For 2022 his estimates are £104.3m sales and £24.7m profits, with 17p of earnings.The shares at 140p are expected to pick up as lockdowns end.My price objective remains the same.(Profile 23.04.20 @ 134p set a Target Price of 175p)

[p1nkfish] 09/6/2021 14:48

DBAY paid 150p for 30%.
Hope they are sensible enough to want to see this > 150p but they might not be that sharp.

[sphere25] 09/6/2021 13:08

Shifting higher on selling this - nearly all the trades today are sells. Someone has clearly put a big buy order in the market after some major mopping up was done at that 130p mark.

And for those reasons, I'll push my luck and see if the market cottons on and bids the price into the 140's for a possible sell there.

If the buy order involves a rather large handled and oversized mop, the price should keep pushing higher. However, in the event that the buy order does get exhausted (these things are naturally fluid), the price should just fall back into the existing range and can be sold.

All imo
DYOR

[p1nkfish] 09/6/2021 07:07

TU reads like recovery occurring. On the path management expected and should build on this.

"Within the Group's Legal Services division, Bond Turner, cash collections for the first four months of FY-2021 are in line with management forecasts and are 11.8% ahead of those seen in the corresponding period in FY-2020. This is particularly pleasing since the court system has yet to return to full operational capacity."

[p1nkfish] 08/6/2021 18:39

Late reported large trades. They occurred just after midday.
After that time the price rose (before reporting in the public domain) suggesting an overhang was cleared. Someone is out, someone else in, recent lid on price lifted, time to move on.

[p1nkfish] 08/6/2021 17:23

About time. Good to see some life. GLA, DYOR.

[boozey] 08/6/2021 16:07

If PE can buy a large tranche at 150p anything around 130p is a bargain. Buy in and be patient. Given the structure of the shareholder register this is one for the patient with good risk reward ratio.

[dros1] 08/6/2021 13:34

think you are on the wrong board

[sphere25] 08/6/2021 13:07

Ok so the RCH overhang has cleared with the post earlier highlighting the notable volume coming in, which has ended up being monstrous. All those larger sellers holding the price back (as per holding RNS) have had their full sell quotas mopped up allowing the price to finally break that key 247p mark and thus breaking out and re-rating.

Now there is a possible overhang clearance here at ANX with a couple of big blocks going through and the market makers shifting higher.

Only posted negative things on this company so highlight something possibly technically bullish for holders here.

I didn't want to do this but err...

Took a few as a quick one, but only a QUICK one

Hey, a trade is a trade ok and errr.... the dog I just went and bought this err..morning pressed the buy button too.

Bad dog, bad!

Exiting my small position if it doesn't crack on.

All imo
DYOR

[yellowstoneadvisory] 10/5/2021 09:58

Link to recent company webinar.

hxxps://youtu.be/l95Xj5Nk7x0

Some very interesting comments about the potential value of the VW claims

[tole] 10/5/2021 06:43

https://bdadvanced.ipreo.com/OpenFileLink.aspx?ID1=202826e1-0c1e-46ca-84ab-74de8f9ae367&ID2=689261982Solid performance breeds confidenceAnexo's recent FY 2020 results reflected a year in which the Group demonstrated its resilience in an operating environment which was influenced by COVID-19 and the associated lockdowns and restrictions. Revenues and Adjusted EBITDA are in line with our expectations. The Group has proposed a final dividend of 1p, to make 1.5p for the full year. Given the improving vehicle numbers and cash collections in FY 2020 and the Group's investment in capacity, the outlook comment is understandably confident as the opportunities for growth continue to emerge. We expect to see the Group remain flexible in its approach to balancing investment in those growth opportunities with its focus on cash collections. Meanwhile, the VW case remains a potential significant positive impact on revenue and profits, although we only reflect the costs in our estimates at present. In addition, there are other emissions cases for which we have estimated investment spend of £5m in our new FY 2022E estimates. Overall, we believe that Anexo remains well set for further growth in FY 2021E.

[yellowstoneadvisory] 06/5/2021 05:52

Anexo webinar today at 12pm. Alan Sellers, Executive Chairman, Mark Bringloe, CFO and Nick Dashwood-Brown, Head of Investor Relations, will provide an introduction to Anexo Group Plc and an update on company performance following the 2020 full-year results which are released on 27 April.
Register: hxxps://us02web.zoom.us/webinar/register/7616167470281/WN_NOV3Z2gKR7eyTA96UjynsQ

[mcmather] 28/4/2021 17:47

Re gusrezo #176 “Also the productivity of the lawyers -number of closed cases per fee earner- keep on decreasing…230;The backlog of pending cases keep on growing”.

I have NOT reviewed the results and I am NOT invested here. But insurers incur increased costs when cases aren’t settled within specific timescales. Just stands out a bit that.

[p1nkfish] 28/4/2021 15:51

btw, DBAY do their homework thoroughly and don't miss the point that someone is picking up the sales as they are distributed, waiting for the price to come to them. The sales are not disappearing into the ether. Not enough small players to pick up this lot today.

[p1nkfish] 28/4/2021 15:49

DBAY only bought for one reason - capital appreciation.
Liquidity was a problem, directors got a sensible price and I don't blame them. Their sales achieved a few things all at once.

This won't be independent for long and DBAY, if they move in not too distant future, need to pay > 150p. Look at the rules.

Well worth a punt at this price. dyor etc.

[sphere25] 28/4/2021 15:36

So all very bullish here buttttt.....

Is it me or do the directors REALLY want to de-risk here?

29/05/2020
Placing as well as director dumping:

"In addition, the Company has been notified that Alan Sellers, Samantha Moss and Valentina Slater (together the "Sellers") intend to sell in aggregate up to 2,800,000 existing Ordinary Shares (the "Sale Shares" and together with the New Ordinary Shares, the "Placing Shares"), representing approximately 2.55 per cent. of the existing issued share capital of the Company at the Placing Price (the "Secondary Placing" and together with the Primary Placing, the "Placing"). "

12/11/2020
More director dumping:

"DBAY has agreed to acquire a minority stake of 29.0% of the issued share capital of the Group from Alan Sellers, Samantha Moss and Valentina Slater at a price of 150 pence per share"


Yes, yes...DBAY are buying...woo...happy days, but the insider moves carry more weight imo. Interesting how keen they are to want out here considering how cheap the valuation appears - odd behaviour.

Surely you hang on? Surely if you're bullish about your company and the prospects, you don't sell in size particularly not at recent lows at a big discount to pre-covid levels.

Surely you at least wait for the market to recover and realise more, even if there is some form of discount to be applied at that point. In such a bullish market, when any ole garbage can rally, surely that is realistic?

If it comes good, then the price must have a chance of doubling, right?

We all know Simon Thompson is a major market mover with a very significant 1.30 million shares traded today. That is also particularly notable in light of how the volume is split i.e. no substantial blocks accounting for the bulk of the moves.

I can see why folk would jump on board here. Simon Thompson is reputable and there are alot of traders who try and piggyback the momentum of tips (myself included), but someone is clearly getting out here because the price has actually dropped on whopping demand today.

They are clearly apprehensive about this company. Normally I'd say there is a overhang and the shares could rally post the overhang (not to say it can't eventually here and folk can profit), but there is a bad smell around this company, so giving this one a wide berth.

There has been a big report out (I know it has been ignored for the most part and it was on ShareProphets etc etc) citing issues here:

- Breaching FCA standards
- Lack of cash generation with disconnect between operating cash flow and net profit with the regular need to raise funds
- Accounting irregularities including being reminiscent of Quindell
- Concerns over the business model
- IPO prospectus being a work of fiction with inappropriate accounting policies being used to conceal impairments
- Related party and governance concerns

I want to be bullish, and you know you get stick for saying negative or balanced things on these boards, but the director moves and noises (only noises) around this company are peculiar.


Just highlight some issues for folk.

Go on...eff and blind now. Go on....get that Sphere guy with his de-ramping...the effing so and so :-)

I am not coming back anyway ha

All imo
DYOR

[p1nkfish] 28/4/2021 15:29

Worth a read - some competitors pulling out of market and Anexo picking up staff.
If you believe what they say then this is a Buy, overhang needs to clear.