Cenkos Securities Share Discussion Threads

[qackers] 11/7/2017 14:57

Speedsgh - Add TPG £20 - £23million to your list

[keith95] 11/7/2017 12:10

Looking for another 5p dividend in September myself.... and staying well clear of Carillion ?

[speedsgh] 11/7/2017 10:42

Cenkos have had a good month or so with Hipgnosis Songs Fund IPO (£200m), Hurricane Energy (USD520m; c£400m) & now Arena Events Group (£60m) fundraisings all announced. Assuming successful completions of these 3, by my estimations they will have already surpassed the total amount raised in 2016. Assuming that fundraisings do not come to a complete grinding halt in H2, increased revenues ought to support an increase in the dividend on last year's 6.00p which should lead to some buoyancy in the share price.

Interesting to see Will Rogers (Corporate Finance: Head of Investment Companies) buying in the open market. Shows some confidence by management in H2 prospects.

[speedsgh] 11/7/2017 10:31

Good spot, guys, re official announcement of Arena Group IPO. Sunday Times flagged possible IPO at end of April (see post 2251). £59.3m of new funds to be raised, large part of which is to pay down debt. A worthwhile bit of biz for Cenkos...

"The Company is raising approximately £59.3 million gross in the Placing (approximately £54.7 million net of expenses). In addition, approximately £0.7 million is being raised in the Placing for the Selling Shareholders. Of the Placing proceeds raised for the Company, approximately £31.0 million will be used to repay the Group's outstanding loan notes and loan note interest and a further £13.2 million will be deployed to pay down senior debt. This de-leveraging will significantly reduce the Group's annual interest charge and will create a more stable balance sheet from which to pursue growth.

The remaining funds raised under the Placing will be used as growth capital for the Group to pursue organic or inorganic growth and to pay fees associated with the Placing and Admission. The Company will not receive any proceeds of the Placing of Existing Ordinary Shares which is paid to the Selling Shareholders."

[cwa1] 11/7/2017 10:08

Cheers tanneg, reasonable size of offering. Should keep the guys in caviar for a few weeks....

[cwa1] 11/7/2017 10:06

George Rogers buys 50,000 shares at just under a pound each:-

[tanneg] 11/7/2017 09:14

New IPO - Arena Events Group

[speedsgh] 10/7/2017 14:18

Cenkos are acting on the Placing/Open Offer for TP Group (TPG) which is aiming to raise up to £23.9m...

Conditional Fundraising -

Circular -

"...the Company is proposing to raise up to approximately £23.9 million (approximately £22.8 million net of fees and expenses) by way of the Firm Placing and the Open Offer, of which up to approximately £3.9 million will be raised from the offer of the Open Offer Shares at the Issue Price to Qualifying Shareholders under the Open Offer (assuming the Open Offer is subscribed in full)."

[keith95] 07/7/2017 09:40

Anyway ... I'm assuming that the New CEO is seen as a safe pair of hands to see Cenkos through Brexit ... Strong Oxbridge connections is quite likely a shrewd move for Cenkos given the onus placed on Universities to go to market with start up companies and Cambridge in particular attracts the brightest and the best .... world over.

[garycook] 07/7/2017 07:05

Whatever your saying QP.It sums you up.The truth hurts,move forward,and ignore the Idiots on ADVFN.

[garycook] 07/7/2017 05:30

QP,Filered.Too much time on is hands,and not even an investor in CNKS now.He needs to look at the few investments he owns.He thinks he is some kind of Investment Guru,and is never wrong.But gloats because he had a profit from investing in CNKS.Only has interest in EZJ where he is disliked.Also,SMT,which is doing badly and TALK,where he has his own Private thread.He is the only one posting talks to himself.Sums him up.I believe he is on medication for a Bi-Polar disorder.I have interest in 24 Shares valued at over £600K including £15k invested in CNKS.I have been investing since 2000.I do not have time to read comments from idiots.I therefore suggest you filter.

[quepassa] 06/7/2017 17:29

you are a little worm of a man and have zero understanding of investment.

invested at 50p. sold at peak.

you invested at 150p and still hanging on for dear life at 90p.


???

qp

[keith95] 06/7/2017 16:57

QuePassa6 Jul '17 - 15:58 - 2331 of 2331 0 0 (Filtered)

.. or just come clean and perhaps state you are a paid de-ramping troll from Marshall Wace (say) ....

... and give us all a shorting target ....

:)

[keith95] 06/7/2017 15:31

QuePassa6 Jul '17 - 08:07 - 2325 of 2329 0 0 (Filtered)

I have to agree with GARYCOOK here ... QP adds no value to this thread ....

.... keeps quiet on up days and tries to gloat on downdays ...

Brown stuff for Brains ... :)

[cwa1] 06/7/2017 09:14

Guys. Leave it out. This is a decent thread, please don't spoil it. Just before it starts-park you personal vendettas, or take them elsewhere if you don't mind. Cheers

[garycook] 06/7/2017 08:34

QP,Go forth and multiply !!!

[quepassa] 06/7/2017 08:07

New CEO vs. outgoing CEO.

Chalk and cheese.

Not an obvious choice in my opinion.


I guess you don't need to be a rocket-scientist to figure out why the Board have opted for someone with Hotson's particular skill-set.


ALL IMO. DYOR.
QP


By the way, anyone know what is happening with the SFO's investigation into the Quindell affair?

[topvest] 05/7/2017 18:16

Looks a rather odd selection to me, but let's give him a chance. Key to Cenkos is building their reputation by avoiding dodgy stuff whilst maintaining their fantastic entrepreneurial culture. Maybe good on the first, but not sure about the latter.

[keith95] 05/7/2017 07:36

"Respectable Banking: The Search for Stability in London's Money and Credit Markets since 1695"

Anthony Hotson

The financial collapse of 2007–8 has questioned our assumptions about the underlying basis for stability in the financial system, and Anthony Hotson here offers an important reassessment of the development of London's money and credit markets since the great currency crisis of 1695. He shows how this period has seen a series of intermittent financial crises interspersed with successive attempts to find ways and means of stabilizing the system. He emphasises, in particular, the importance of various principles of sound banking practice, developed in the late nineteenth century, that helped to stabilize London's money and credit markets. He shows how these principles informed a range of market practices that limited aggressive forms of funding, and discouraged speculative lending. A tendency to downplay the importance of these regulatory practices encouraged a degree of complacency about their removal, with consequences right through to the present day.

[cwa1] 05/7/2017 07:17

Directorate Changes

As reported on 12 May 2017, Jim Durkin, the Company's Chief Executive Officer had informed the Company of his intention to retire from the Company. The Company has since undertaken a search for a successor to Jim Durkin.

Following the completion of this search, Cenkos is pleased to announce that, subject to FCA approval, Anthony Hotson is to be appointed as an Executive Director and to the position of Chief Executive Officer with effect from 1 August 2017. Anthony Hotson has been a Non-Executive Director of the Company since May 2012.

Jim Durkin will resign from the Board and from the position of Chief Executive Officer on 1 August 2017 and will leave the Company on 31 December 2017.

Anthony has extensive experience in financial services having previously worked for the Bank of England, McKinsey & Company and S.G. Warburg. He started his career in the Economics Division of the Bank of England, subsequently moving to the Governors' Office and Money Markets Division. In 1986, he was seconded to the newly-formed Building Societies Commission as Assistant Commissioner. Thereafter, he was employed by McKinsey & Company before joining the corporate finance division of S.G. Warburg. He was a Director of S.G. Warburg & Co. Ltd. from 1992 to 1995 and subsequently Managing Director and Head of the Financial Institutions Group, SBC Warburg (subsequently UBS) until 1998. Following this he served as Non-Executive director in the insurance, fund management and banking sectors, including as a Non-Executive Director of Henderson Group plc where he was a member of the group board and Chairman of its subsidiary companies, London Life and Towry Law. Anthony is Deputy Director of the Centre for Financial History and a senior member of Darwin College, Cambridge.

Gerry Aherne, Chairman said:

"The Board would like to thank Jim for all his hard work and the significant contribution that he has made to the development of the business and he will leave with our best wishes."

"I have every confidence in Anthony in leading the Company going forward as the Company's new Chief Executive Officer. Anthony is exceptionally well placed to undertake the role and his wealth of experience will be a valuable asset for the Company in his new executive role. Having been a director of the Company since May 2012, Anthony has previously been involved in reviewing the firm's structure, governance and processes, including the impact that changing regulations may have, and he has been actively involved with the management of the Company in this respect. "