Cenkos Securities Share Discussion Threads

[topvest] 02/5/2017 20:51

I'm amazed at the price they got Eddie Stobart away for by the way. On any measure it only makes about £30m and so floating it for nearly £600m is great for the sellers. There's no way I would buy shares in a transport company at that multiple. Woodford was a big buyer. Why would you buy at that price I wonder? Its about twice the valuation I think it would normally / sensibly command.

[topvest] 02/5/2017 20:48

Another reasonable deal.

[speedsgh] 01/5/2017 20:38

Cenkos are acting as Sponsor & Placing Agent on a Placing Programme for ICG-Longbow Senior Secured UK Property Debt Investments Limited (LBOW). The Placing Programme provides for the issue of 40 million shares (with option to increase to a maximum of 100 million shares) over the next 12 months...

Publication of Prospectus (27/4) -



...Under the Placing Agreement, the Company has agreed to pay Cenkos a corporate finance fee and a commission based on the gross proceeds of each Placing under the Placing Programme. The commission will be reflected in the relevant Placing Price...

...On the assumption that the Company issues the maximum number of Shares available for issue under the Placing Programme [100 million shares] at an average Placing Price, for illustrative purposes only, of 102.05 pence* per Share, the gross proceeds of the Placing Programme will be approximately £102 million and the expenses payable by the Company in relation to the Placing Programme (including the costs of establishment of, and publication of the documentation relating to, the Placing Programme, fees, commissions and registration and Admission fees) will be approximately £1.4 million, resulting in net proceeds of approximately £100.6 million...

[keith95] 28/4/2017 15:38

120 about to be broken ... and silence from the resident boo boy :) :) :)

[keith95] 28/4/2017 12:05

More to the point - it just updated the Eddie Stobard deal on its web site .... £386 Million :)

I added a bunch at 113.75 and 114 :)

[speedsgh] 28/4/2017 10:34

Cenkos acting as bookrunner on £7m placing for Salt Lake Potash (SO4)...Proposed Placing -

[speedsgh] 27/4/2017 13:33

Cenkos are acting as Nomad/broker on the proposed £5m placing/open offer for Rosslyn Data Technologies (RDT). Cenkos' fees appear to be being paid in warrants...

Acquisition, Proposed Placing and Open Offer -

Circular -

Warrants = the warrants to be issued by the Company to Cenkos to subscribe for up to such number of Ordinary Shares as amounts to 6 per cent of the aggregate nominal value of the ordinary share capital of the Company in issue on Admission at the Placing Price and exercisable at any time from the first anniversary of Admission
up to the fifth anniversary of Admission

In consideration for Cenkos’ services in connection with the Transaction, the Group has also issued Warrants to Cenkos.

The Warrants are exercisable at any time from the first anniversary of Admission up to the fifth anniversary of Admission, provided that the closing mid-market price for the Ordinary Shares shall be at least 8 pence per Ordinary Share. The terms of the Warrants are subject to adjustment in certain circumstances including a share capital reorganisation of the Company.

[garycook] 25/4/2017 00:47

Keith,Go forth and multiply to the NAH thread your filtered.

[topvest] 24/4/2017 20:47

Yes, golden cross. Well spotted.

[topvest] 24/4/2017 20:47

Yes, golden cross.

[svenice7] 24/4/2017 20:29

This has broken out, heading for 200p

[keith95] 24/4/2017 20:26

... and a 5ft 2 inch d*ck .. that would be from head to toe consistent with small man syndrome .... Phillip Green seems to suffer from a similar problem :)

[fenners66] 24/4/2017 20:05

but do you have a £600k portfolio?

[garycook] 24/4/2017 15:58

Keith,Hargreaves Lansdown actually.See you have upset a few people here on ADVFN,and I can see why !!! Yes I know about MM,s legal crooks IMHO.Less of your sarcastic remarks,would not go amiss.I do not need to know how to suck eggs.Invested in 27 FTSE companies with a Portfolio worth over £600,000.Holding 15650 shares in CNKS owing me 160p.My worst performing share.So a bit of encouragement would not go amiss either.

[keith95] 24/4/2017 15:05

"The biggest buy is only £6,000" - Someone perhaps with difficulty grasping the concept that MMs can delay trades .... and has yet to figure out that ADVFN buy versus sells are guesses by their system ....

[cwa1] 24/4/2017 14:42

Scroll back a few posts.....

[garycook] 24/4/2017 14:33

So what is happening with the sudden 9% gain,and the bounce at 12 Noon.The biggest buy is only £6,000.Surely not just news of the Arena Group offing.Also is CNKS an AIM share ? If so Stamp duty should not be paid on purchase,s correct ?

[keith95] 24/4/2017 12:51

Aim was to have an average hold of £1.00 a share for Cenkos .... little did I think that average would come from shares held at 73p .....

... but nice to be back in profit with a 5p dividend on Thursday .... taking the average down to 103p .... so only 3p more to go to hit target :)

[speedsgh] 24/4/2017 12:46

Possibly some business in the pipeline for Cenkos with Arena Group's touted IPO?

Olympic stands builder mulls London listing -

Arena Group, the events business behind temporary spectator stands at the London 2012 Olympics, is racing towards a stock market float.

Arena, whose structures are a regular fixture at high-profile sporting events such as the Ryder Cup and ATP World Tour tennis, has hired Cenkos Securities to advise on a potential listing, according to sources. The business, which traces its roots back to 1761, has a host of other clients including the BFI London Film Festival and Lawn Tennis Association. It sets up and runs temporary stands, furniture, scaffolding and other structures, and worked on the Queen’s 90th birthday celebrations at Windsor Castle last April.

City sources said the company has begun to hold presentations with City fund managers to gauge interest for a listing.

The plans are said to be at an early stage and MML Capital, the company’s private equity backer, could yet choose to hold onto its stake or refinance the business instead, City sources said. A London listing would provide a significant return to MML Capital.

Management is also understood to hold a stake.

[speedsgh] 24/4/2017 12:39

Cenkos appear to be acting on the £2.7m Open Offer for Empyrean Energy (EME). Cenkos are Nomad & corporate broker to EME...

Open Offer -

[cwa1] 24/4/2017 12:31

LOL. That answered that one. Thanks speeds.

[speedsgh] 24/4/2017 12:30

Simon Thompson (Investors Chronicle) has updated on Cenkos today, commenting on the recent Edison reserach note. He rates Cenkos as a buy & has a 150p price target.

[topvest] 21/4/2017 21:09

Eddie Stobart is a very good earner for them then if it completes. It will transform and underwrite H1 performance. Bilby is a bit of a dog, but given they eat cash Cenkos would no doubt have liked to be able to raise it for them.