Share Name Share Symbol Market Type Share ISIN Share Description
Cenkos Sec LSE:CNKS London Ordinary Share GB00B1FLHR07 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.50p -1.53% 96.50p 95.00p 98.00p 97.50p 94.50p 95.50p 35,901 16:15:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 59.5 10.0 13.2 7.3 54.71

Cenkos Sec Share Discussion Threads

Showing 2576 to 2598 of 3150 messages
Chat Pages: Latest  114  113  112  111  110  109  108  107  106  105  104  103  Older
DateSubjectAuthorDiscuss
27/7/2017
06:44
Mercantile Ports & Logistics Complaint number 3 sent to NOMAD Compliance Executive at Cenkos Securities, AIM Regulator and SFO. Dear Ms Wood, After careful consideration, we believe the contents of the following Mercantile Ports & Logistics Financial and RNS Statements, warrants a formal complaint to AIM Regulation and the Serious Fraud office. What do you think? 30 June 2013 - INTERIM REPORT 'I am pleased to report that the Ground Breaking ceremony has taken place and that development work continues in line with management’s expectations. With the monsoon season drawing to a close, the project’s EPC contractor advises that activity ON THE SITE will accelerate as planned.' Reality: THERE IS NO ON-SITE DEVELOPMENT WORK OR ACTIVITY WHATSOEVER AND, THERE WILL NOT BE ANY ON-SITE DEVELOPMENT WORK UNTIL THE SINGLE LANE DIRT TRACK ACCESS ROAD, WHICH CURRENTLY ENDS AT THE EDGE OF A TIDAL CREEK SOME 50M SHORT OF THE DEVELOPMENT SITE AT KARANJA, IS EXTENDED BY BUILDING A BRIDGE TO SPAN THE TIDAL CREEK. Source: Google Earth Historic View Work on extending the dirt track over the creek DID NOT BEGIN UNTIL late H2/2013 - Source: Google Earth Historic View 8 April 2014 - RNS - Closure of Debt Facility 'The SITE DEVELOPMENT WORKS at Karanja are progressing as per management's expectations and the project's EPC contractor is PLEASED with progress. The COMING MONTHS will see significant progress on the development of the APPROACH TRESTLES, REVETMENT, RECLAMATION, and PILING WORK for the jetty. Manpower ON-SITE continues to RAMP UP, with a labour force of approximately 400-500 people EXPECTED to be working onsite in the COMING MONTHS.' Reality: BREATHTAKING DISHONESTY - the small road bridge to span the tidal creek is still in THE EARLY STAGES OF CONSTRUCTION and it will be another 8 MONTHS(DEC 2014), BEFORE IT IS COMPLETED AND, CONTRACTORS AND THEIR HEAVY MACHINERY GAIN FIRST ACCESS TO THE SITE. Calendar year 2014, IN FACT SAW NO WORK WHATSOEVER CARRIED OUT ON-SITE, BECAUSE THERE WAS NO MEANS OF ROAD ACCESS! Source; Google Earth Historic View. 30 June 2014 - INTERIM REPORT 'Chairman's Statement - I am pleased to report that the level of activity on the ground has continued in line with management's expectations and in accordance with the plans agreed with the Company's EPC contractor. DURING THE PERIOD and SINCE THE PERIOD END, WORK HAS CONTINUED TO PROGRESS on two of the three key areas of the build out, INCLUDING LAND RECLAMATION and dredging in the approach channel.' Reality: BREATHTAKING DISHONESTY - AS REPORTED ABOVE - THERE WAS NO MEANS OF ACCESS TO THE PORT SITE UNTIL DEC 2015, FOLLOWING COMPLETION OF THE BRIDGE OVER THE CREEK AND GENERAL REPAIRS TO THE DIRT TRACK ACCESS 'ROAD'. SO HOW COULD LAND RECLAMATION WORK HAVE PROGRESSED DURING THE PERIOD UP TO 30 JUNE 2014 AND SINCE? - A BLATANT LIE. Source: Google Earth Historic View AND photographs taken from a light aircraft hired by a small group of shareholders at their own expense, to check management's claim, that the contractor’s workforce had mobilised on-site, and progress was being made with the development work! Cash Position Timeline: Post £73m IPO: 8 April 2014 - RNS - Closure of Debt Facility 'The syndicated facility is for GBP 48 million for a term of ten years with interest payable at the base rates of the respective banks plus a range of 3 per cent to 3.55 per cent per annum, resulting in a present effective rate ranging between 13.2 per cent and 13.75 per cent per annum. The Company expects to make the initial draw down from the Debt Facility during the second quarter of this calendar year.' 30 June 2014 - INTERIM REPORT '£45.5m Cash balance - DEBT DRAWDOWN: Zero Cash position reflects the progress and costs that have been incurred ON-SITE and the Company has so far incurred Capex of GBP 21.15 million by the end of the period.' Reality: THE COMPANY AND ITS PRINCIPAL CONTRACTOR IS YET TO GET ON-SITE! - THE ONLY CONSTRUCTION COSTS INCURRED TO DATE SHOULD HAVE BEEN THE SMALL BRIDGE UNDER CONSTRUCTION OVER THE CREEK - WHICH WE ESTIMATE AT £2M TO £3M. Prelims - 31 Dec 2014 'The Group has conserved its resources during periods of lower than anticipated activity, with the Group’s operational spend accelerating in line with increased activity on site. The Board remains confident that the Group has adequate resources in order to complete the facility at Karanja, with cash at the end of 2014 standing at £41m.' Reality: The year end £41m cash balance suggests a cash burn of £4.5m in H2/2014 - which seems a little high considering there was NO on-site activity during the entire year, other than to build a small bridge on the approach road to allow heavy machinery access to the terminal, which was completed in Dec 2014(Google Earth Historic View), together with some berth dredging, carried out using the low cost, low productivity, ‘stone age’ technology of a mobile crane equipped with a bucket grab mounted on a small floating pontoon, rather than a modern computer controlled, high performance suction dredger. INTERESTINGLY, THERE IS NO MENTION WHATSOEVER OF ANY DEBT DRAWDOWN IN THE CHAIRMAN’S STATEMENT. However, buried AWAY on page 25 is this little gem: 'As at 31 December 2014, the Group’s non-derivative financial liabilities have contractual maturities (and interest payments) as summarised below: Within 1 year - loan interest payment of £2.97m! Now this suggests that during July and Dec 2014, MPL made use of the £48m debt facility to drawdown somewhere between £15.5m and £22.5m; determined by the date it was drawn down between July 2014 and Dec 2014. Lets assume a mid period date of September 2014. This would indicate a bank loan drawdown of circa £19M @ the average 13.5% loan interest rate. THIS WOULD SUGGEST AN OUTRAGEOUS AND TOTALLY IMPLAUSIBLE CAPEX/CASH BURN OF £44.6M (£21.1m + £4.5m + £19M), BEFORE THE COMPANY AND ITS PRINCIPAL CONTRACTOR COULD EVEN GAIN ACCESS TO THE SITE, NEVER MIND COMMENCE CONSTRUCTION OF THE TRESTLE, TO GAIN ACCESS TO THE 200 ACRE AREA OF FORESHORE AND INTERTIDAL ZONE ALLOCATED FOR LAND RECLAMATION AND BERTH CONSTRUCTION. Kind regards,
mount teide
27/7/2017
05:02
Looking forward to the Interims in September.Also there should be a dividend increase to maybe 3p.That would give an 8% yield,on the current share price if it stays around £1.
garycook
26/7/2017
13:45
Yup - Looking like £2 Billion to be raised this year. All good.
keith95
26/7/2017
12:19
£60M raised for Arena Events completed with first day on AIM today.
topvest
26/7/2017
11:43
Another $530 Million dollars logged on the Cenkos web site for July via Hurricane bond and equity placing .....
keith95
19/7/2017
12:21
I bought some yesterday.
orchestralis
19/7/2017
12:18
... can I borrow your hammer to nail my itchy fingers to the table? BTW NAHL updated this morning .... probably wise to wait for results to be released IMO slightly caught here at 1.43 average but interim dividend due soon. Numis same sector as CNKS is also still buying back shares strongly ... suspect it might go back down to 210p with this dip ... but Morningstar has a fair value target of 217 so one to watch.
keith95
17/7/2017
01:02
Keith,Do not bail at 130p then. Wait for the £2 when it comes ?
garycook
16/7/2017
12:56
GaryCook - Cenkos makes money - knowing me, I'll bail @ 130 and it will rocket back up to 200p ...
keith95
15/7/2017
04:51
Keith,That would be nice.
garycook
14/7/2017
17:22
Share price is currently bouncing along the lower channel of the uptrend ... 5p dividend in Autumn with 130p target .... before a re-trace ....
keith95
13/7/2017
19:46
Cenkos having a good run of late. Encouraging.
topvest
13/7/2017
07:48
Marlowe (MRL) have announced an oversubscribed placing to raise c£10m from new and existing institutional shareholders. Cenkos are Nomad/sole broker to MRL... Acquisition of Ductclean (UK) Ltd & Placing - HTTPS://www.investegate.co.uk/marlowe-plc--mrl-/rns/acquisition-of-ductclean--uk--ltd---placing/201707130700039245K/ ... The Company proposes to raise approximately £10 million gross (approximately £9.68 million net of expenses) through the issue of the Placing Shares through Cenkos, the Placing not being underwritten, at the Issue Price...
speedsgh
13/7/2017
07:40
Further to posts #2312/2316, Angling Direct (ANG) have today been admitted to trading on AIM & confirmed successful completion of their placing raising £7.4m of new funds. Cenkos acted as Nomad/sole broker... Admission to AIM and First Day of Dealings - HTTPS://www.investegate.co.uk/angling-direct-plc--ang-/rns/admission-to-aim-and-first-day-of-dealings/201707130700029113K/
speedsgh
11/7/2017
14:57
Speedsgh - Add TPG £20 - £23million to your list
qackers
11/7/2017
12:10
Looking for another 5p dividend in September myself.... and staying well clear of Carillion ?
keith95
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."
speedsgh
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:- https://uk.advfn.com/stock-market/london/cenkos-sec-CNKS/share-news/Cenkos-Securities-PLC-Director-PDMR-Shareholding/75209166
cwa1
11/7/2017
09:14
New IPO - Arena Events Group https://www.investegate.co.uk/arena-events-group/rns/intention-to-float/201707110700056414K/
tanneg
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 - HTTPS://www.investegate.co.uk/tp-group-plc--tpg-/rns/conditional-fundraising/201707100700085186K/ Circular - HTTP://www.tpgroup.uk.com/index.php/download_file/628/1126/ "...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)."
speedsgh
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.
keith95
Chat Pages: Latest  114  113  112  111  110  109  108  107  106  105  104  103  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:40 V: D:20180818 16:02:58