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ANX Anexo Group Plc

73.00
1.00 (1.39%)
Last Updated: 09:00:28
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Anexo Group Plc LSE:ANX London Ordinary Share GB00BF2G3L29 ORD 0.05P
  Price Change % Change Share Price Shares Traded Last Trade
  1.00 1.39% 73.00 62,723 09:00:28
Bid Price Offer Price High Price Low Price Open Price
72.00 74.00 73.50 72.00 73.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 149.33M 15.12M 0.1282 5.69 84.95M
Last Trade Time Trade Type Trade Size Trade Price Currency
09:19:01 O 10,000 72.20 GBX

Anexo (ANX) Latest News

Anexo (ANX) Discussions and Chat

Anexo Forums and Chat

Date Time Title Posts
19/11/202414:29Anexo4
17/9/202413:40ANEXO650
25/7/200707:27Anaconda Mining: Gold in Newfld., Chilean IOCG expl.-

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Anexo (ANX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:19:0272.2010,0007,220.00O
09:10:2573.509569.83O
09:00:4173.2515,00010,987.50O
09:00:2873.0015,00010,950.00UT
08:28:2173.882,5001,846.88O

Anexo (ANX) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Anexo Daily Update
Anexo Group Plc is listed in the Business Services, Nec sector of the London Stock Exchange with ticker ANX. The last closing price for Anexo was 72p.
Anexo currently has 117,990,294 shares in issue. The market capitalisation of Anexo is £86,132,915.
Anexo has a price to earnings ratio (PE ratio) of 5.69.
This morning ANX shares opened at 73.50p
Posted at 30/8/2024 12:31 by useless23
I would like to make it clear from my posts below that I am not implying that ANX are involved in any fraudulent activity. Rather, they could be an innocent victim of those wishing to pursue fraudulent motorcycle courier claims.
Posted at 30/8/2024 07:06 by fillipe
ANX - very positive BUY article in this week's new edition of Investors Chronicle.

f
Posted at 20/8/2024 13:14 by alex_mc
Was there any detail on this on the call this morning as you’re correct- “a share” is far too vague. What's been promised is what we need to know…
Posted at 20/8/2024 13:03 by joe say
One issue I noted though was the expensive cost of borrowing;

A further £0.7 million was provided in January 2024. The terms of the loan are that interest accrues at the rate of 10% per annum. In addition to the interest charges the loan attracts a share of the proceeds generated for the Group.

Sounds like a favour to their friends if you ask me - I'm going to watch this like a hawk
Posted at 24/6/2024 08:37 by fillipe
ANX, very recently I came across this unattributed note on the web.

"The one analyst offering a 12 month price target expects Anexo Group PLC share price to rise to 300.00 in the next year from the last price of 67.50."

All fwiw.

f
Posted at 15/5/2024 07:52 by rivaldo
On a bit of an upward trend here - once the share price gets to 72p or so then chart-wise there's a clear run back up to 100p.
Posted at 13/5/2024 12:01 by smackeraim
https://x.com/sharesocuk/status/1788841404795408731?s=46ShareSoc Webinar with @AnexoPlc (#ANX) 14/5/24 4pm. Nick Dashwood Brown (Head of Investor Relations) will present a full overview of the company and give an update on current performance and future plans.
Posted at 03/5/2024 23:04 by smackeraim
Tipped again by Investors Chronicle.A snippet :As noted when I suggested buying the shares, at 65p, in my 2024 Bargain Share Portfolio , the reason for holding them is the potential for a narrowing of the 53 per cent share price discount to book value of £159.7mn (135p) as more investors cotton onto the debt reduction programme and the changing mix in the group's income stream. A current-year prospective price/earnings (PE) ratio of 4.2 and an enterprise valuation to operating profit multiple of 3.5 times highlight the value on offer, too. Buy.https://www.investorschronicle.co.uk/ideas/2024/05/02/this-bargain-buy-is-returning-to-profit-growth/
Posted at 16/2/2024 13:22 by ohisay
Just read the ST tip in I/C .
Looks a reasonable punt to me especially after this mornings RNS.

And I liked his last few paras ..

Bearing this in mind, as more investors cotton onto the capital recycling, the debt reduction programme and the changing mix in the group’s income stream, they are likely to reassess Anexo’s risk profile in a more positive light. For instance, Zeus’s 2024 year-end net debt estimate of £56.6mn could be slashed to less than £50mn in the event of a successful settlement with Mercedes-Benz on behalf of its 12,000 claimants.

Cutting borrowings transfers more of the economic interest in the entity from debt to equity holders, a factor that is certainly not reflected in the huge share price discount to book value nor the price/earnings (PE) ratio of 4.4.
There is also the chance that 28.5 per cent shareholder DBay may attempt to buy out minority shareholders, as it has done recently by taking another investee company private, food manufacturer Finsbury Foods. Of course, it would need the support of the directors who own 35 per cent of the 118mn shares in issue, but that is entirely possible.
Posted at 23/8/2023 06:26 by rivaldo
Zeus have released a new 23 page note this morning. They don't have a price target, but summarise with share upside of >100%:

"Valuation:

Anexo trades on an FY23E EV/Sales of 1.0x, an EV/EBITDA (inc. lease liabilities) of 3.4x and a P/E of 4.2x with a prospective dividend yield of 2.4% based on a conservative c.10% payout ratio of adj. EPS. Relative peer multiples imply share price upside of >100%. Our forecasts do not assume any benefit from the Mercedes Benz Emissions Claim, despite the manufacturer having already paid-out in the United States. An agreement in the Group Litigation Action currently in process would result in additional material cash inflows in 2024."

They also state:

"On an EV/EBITDA basis, comparable peers suggest Anexo should trade at least double its current 3.4x multiple. Assuming Anexo traded in line with the average of the UK legal services sector FY23 P/E of 9.5x would imply a share price of 149.4p, upside of 125% versus the current price. Removing Keystone Law, which trades at a premium to the wider sector, would still imply a PE of 7.3x, or 175% upside to current levels. Our forecasts do not include any benefit from a potential agreement in the ongoing Mercedes Benz Emissions Claim, despite the manufacturer having already paid -out to consumers in the United States. Anexo is representing 12,000 claimants in the Group action,. The Group also sees scope for further action against at least six other major manufacturers over time."
Anexo share price data is direct from the London Stock Exchange