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
  +0.00p +0.00% 101.00p 98.00p 104.00p 101.75p 100.75p 101.00p 30,038 14:00:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 59.5 10.0 13.2 7.7 57.26

Cenkos Sec Share Discussion Threads

Showing 2751 to 2775 of 3100 messages
Chat Pages: Latest  112  111  110  109  108  107  106  105  104  103  102  101  Older
DateSubjectAuthorDiscuss
28/9/2017
09:56
Background and Pedigree of highly-regarded new CEO, Anthony Hotson, not to be underestimated: Bank of England Warburg McKinsey Henderson et etc. all blue-blooded. A new broom sweeps clean. ALL IMO. DYOR. QP
quepassa
28/9/2017
09:45
VMH - Yes, see previous posts #2500 & #2509 re the Select Property retail bond fundraising. The £50m target for the retail bond issue is not to be sneezed at if it can be achieved. It would however appear that, as per the Telegraph article & comments by posters on the FIXED INCOME DISCUSSION THREAD (see links below), Select Property Group Finance plc might be viewed as a 'low quality' client. Cenkos have a nasty habit of acting for such companies (e.g. Quindell, Mercantile Ports & Logistics) that have increased risk of leaving Cenkos with reputational damage. If they were to distance themselves from such companies, it would lead to an improvement in reputation, attract more higher-quality clients, lead to increased & higher-quality revenues and an improved rating of the share price imo. Perhaps this is on the agenda of the new CEO/FD? Aimho HTTPS://www.telegraph.co.uk/investing/bonds/property-rental-company-launches-6pc-retail-bond/ HTTP://uk.advfn.com/cmn/fbb/thread.php3?id=25192223&from=5288#firstpost
speedsgh
28/9/2017
09:33
Bought back in today on the bell (after a few years away) Civitas announcement tipped the scales GL - SJ
sailing john
28/9/2017
09:26
Fees for Cenkos on the Civitas Social Housing £350m transaction as "Sponsor, Financial Adviser and Sole Bookrunner." will likely be mega£££. It appears to me that the arrival of the new CEO, Anthony Hotson may have cleared the air and paved the way for Cenkos to be very much back in the frame for solely mandated major fund-raisings such as Stobart and now Civitas Social Housing. Both highly remunerative for Cenkos plc. ALL IMO. DYOR. QP
quepassa
28/9/2017
09:22
and this https://www.investegate.co.uk/select-property-grp/rns/launch-of-6--sterling-retail-bonds-due-2023/201709221516226122R/
verymaryhinge
28/9/2017
09:06
Interesting to note that the Cenkos website lists both the US$230m convertible bond placing & the US$300m equity placing for Hurricane Energy (HUR) in July 2017*. One would therefore assume that these will fall into H2 alongside the £350m Civitas raise announced this morning. HTTP://www.cenkos.com/transactions * Worth remembering that Cenkos acted as joint bookrunner alongside Stifel Nicolaus Europe for the above HUR placings so will have had to share the profits on this work.
speedsgh
28/9/2017
08:56
Nice spot, tannreg. Cenkos are acting as Sponsor, Financial Adviser and Sole Bookrunner. The target of £350m is comparable with the £386m raised in the Eddie Stobart IPO in H1. Perhaps explains the company's bullish outlook statement a couple of days ago.
speedsgh
28/9/2017
08:50
Nice addition and a decent size tanneg, thanks.
cwa1
28/9/2017
08:42
More good news - Further to the Company's announcement on 11 September 2017, the Board of Civitas is pleased to announce a £350 million target fund raise via a fully pre-emptive Open Offer, Placing and Offer for Subscription (including an Intermediaries Offer) of C Shares (the "Issue"). https://www.investegate.co.uk/civitas-soc-hous-plc/rns/proposed--350-million-fund-raise/201709280700040284S/
tanneg
28/9/2017
08:25
3800. If I may ask, who was the forecast from and was it pre or post the half year report? Cheers
cwa1
27/9/2017
20:25
Latest broker forecast which I have seen for 2017 was ptp £7.84m, EPS11.20p, div 11p
3800
27/9/2017
17:03
... as I said already speedsgh .. the text in the annual report was that used ad finitum by Durkin .... and not to be taken too literally as such. Without a divi cut given the new CEO - 4p was on the cards given the turnover in the first 6 months, with 4.5p beating my expectations which is fine. The concern here going forwards are considerable regulatory changes - the reason for Hotson's appointment and whether Cenkos can match deal maker Durkin - who by all accounts did well because of strong relationships with Woodford - who at this point seems be losing the plot. Fundamentally, the opportunity that Durkin and colleagues recognized a decade or so ago one suspects, was the ability to IPO without underwriting as far as I can see .... this will save costs no doubt and breaking into the big time with AA and Hurricane a great tribute to Durkin .... but as you posted ... the Hurricane business is gone .. so that begs the question whether Cenkos can re-live those highs of Billion £ IPOs going forward. One would hope so .. but time will tell. .. that said, I found the numerous Cenkos tender offers some curious and eventually figured out that these offers allow significant shareholders like Durkin to offload shares while keeping their %age the same so not having to make regulatory announcements. I've been in and out of this share several times over the past two years ... from 177 LOL ;) .... .. and now seems a good time to take a break from this one. That said, some people seem to bearish the day before the rise .. and bullish ... the day before a fall? Who knows eh? GLA.
keith95
27/9/2017
15:56
QP - Difficult to tell re final/full yr div. As always it will depend on H2 performance. H1 2017 they have done EPS 6.1p. If H2 turned out to be similar to H2 2016 (EPS 3.5p) or even similar to H1 2016 (EPS 1.2p), then I wouldn't be so confident about a double-digit full yr DPS. As you say at this stage they sound quite bullish on the outlook; however IPO/fundraisings could easily dry up on the back of a substantial market correction; we're certainly due one at some point! They could certainly do with another largish mandate like the Eddie Stobart IPO in H1 to help at least match H1 earnings. Also worth noting that FY2014 (which included AA IPO) EPS was 35.2p, DPS was 17.0p (48% of earnings) & FY2015 (which included BCA Marketplace IPO) EPS was 27.2p, DPS was 14.0p (51% of earnings). So a long way to go perhaps before one can think in terms of div payments of the same scale as 2014/2015. Also worth bearing in mind that, when they post exceptional earnings, they tend to use some of them on a Tender Offer rather than returning it all to shareholders via dividend. Tender Offer and Notice of General Meeting (9/12/14) - HTTPS://www.investegate.co.uk/cenkos-securities--cnks-/rns/tender-offer-and-notice-of-general-meeting/201412091545072918Z/ Proposed Tender Offer and Notice of General Meeting (30/10/15) - HTTPS://www.investegate.co.uk/cenkos-securities--cnks-/rns/replacement--proposed-tender-offer---notice-of-gm/201510301007009986D/ Overall outlook seems positive, as is being reflected in the re-rating since they posted their Interims, but earnings visibilty is notoriously limited in their sector; sentiment can change quickly so perhaps best to err on the side of caution for now until more concrete evidence emerges on the outcome for H2 2017? Aimho
speedsgh
27/9/2017
15:17
Cenkos declared a full year 2016 final dividend of 5p in March this year which was subsequently paid in May. Yesterday, Cenkos upped their interim 2017 dividend from 1p to 4.5p. They also confirmed a strong pipeline of deals, a good outlook and confirmed that current H2 2017 had got off to a very good start. In my opinion, it now seems to be extremely unlikely that the forthcoming final dividend for 2017 would be reduced below last year's 5p. On the contrary, it seems highly possible in my opinion that it will perhaps be significantly increased, based on yesterday's robust announcements. Even using a very conservative assumption of yesterday's 4.5p interim divi and a potential unchanged final 5p divi, this equates to 9.5p in prospective 2017 dividends or a massive prospective yield of some 7.75% on today's current share price of 120-125p. Were Cenkos to double, for example, the final 2017 dividend from 5p to 10p, which may or may not still be a conservative guess, this would equate to a prospective yield of some 11.75%. By way of comparison, peer group competitor Numis currently trades on a historic yield of 4.65%. Having boldly yesterday UPPED their interim divi by 350% from 1p to 4.5p, it appears to me that Cenkos have thrown down a clear marker which is hard to ignore. Such a gaping prospective yield differential between Numis and Cenkos seems difficult to fathom and perhaps is due for rapid tightening after Cenkos' noteworthy interims yesterday. ALL IMO. DYOR. QP
quepassa
27/9/2017
13:46
Oil well appraisal market will be picking up. Cenkos = Buy
svenice7
27/9/2017
13:21
I've taken profits @120 ..... yield here now sits at 7.5% which is good but no longer as attractive as it was ... while Durkin's 8% holding has gone off the RADAR .... which was a worry for me. If one reads the results, they are are cut and paste in terms of text, from the previous years. GLA.
keith95
27/9/2017
13:18
Analysis of Cenkos results by Graham Neary in todays' SCVR... HTTP://www.stockopedia.com/content/small-cap-value-report-wed-27-sep-2017-cnks-rm2-boo-ketl-222743/ Of interest that, were it not for the £386m fundraising for the Eddie Stobart Logistics IPO in H1, funds raised would have been £596m, just £67m (+13%) more than the £529m raised in H1 2016. Highlights how one large deal can be the difference between good or average/bad results. Such is the nature of the Cenkos beast.
speedsgh
27/9/2017
10:04
Possibly a rerating in progress
orchestralis
27/9/2017
08:28
In my view, an inflection point has been reached. Very strong half-year results. Stripping out the bumper/exceptional years of 14/15, all figures back on track, back on trend and compare very favourable. New management. New CEO. New CFO. The whopping increase in semi-annual dividend by 450% from 1p to 4.5p augurs well, displays great management confidence in future earnings and outlook which bodes well for full year dividend. The prospective yield on the stock, after yesterday's enormous increase in half-year dividend, cannot be ignored. The ex-Warburg new CEO, Andrew Hotson neither minces his words about the strong future pipeline of deals nor about having "made a VERY GOOD start to the SECOND half of the year". After some years in the wilderness, it would appear to me that firmer ground has been found and that a turning point in the fortunes and prospects of Cenkos has been reached. Have yesterday re-entered and taken good size in Cenkos encouraged by these strong results, a very positive outlook , convincing new management and a buoyant AIM market in the full hope and expectation that the share price performance of Cenkos will be playing catch-up pdq with the recent share price outperformance of peer group competitor, Numis. ALL IMO. DYOR. QP
quepassa
26/9/2017
20:35
A very positive update and looks like a potentially bumper H2 from the outlook. Now undervalued.
topvest
26/9/2017
13:49
I bought in here today. Results look good. CNKS have a past with some bad business practices but i would hope that is all behind them now with new management in place. Per could be five or less which is too cheap imo.
cfro
26/9/2017
13:01
Very nice rise - would have been nicer to have held onto a few more - but that is the risk one takes - burned too many times myself over results. GLA.
keith95
26/9/2017
09:27
A comparison of today's interims against previous years (my detailed records only go back as far as 2011). HTTPS://www.investegate.co.uk/cenkos-securities--cnks-/rns/half-year-report/201709260700057679R/ REVENUE 2011: £25.1m 2012: £20.2m 2013: £20.0m 2014: £65.2m (AA IPO) 2015: £53.1m (BCA Marketplace IPO) 2016: £15.3m 2017: £29.2m PROFIT BEFORE TAX 2011: £5.0m 2012: £3.5m 2013: £3.1m 2014: £23.5m (AA IPO) 2015: £18.6m (BCA Marketplace IPO) 2016: £1.7m 2017: £4.2m BASIC EPS ON CONTINUING OPERATIONS 2011: 5.0p 2012: 3.6p 2013: 3.9p 2014: 31.2p (AA IPO) 2015: 26.1p (BCA Marketplace IPO) 2016: 1.2p 2017: 6.1p INTERIM DIVIDEND PER SHARE 2011: 4.0p 2012: 3.5p 2013: 3.5p 2014: 7.0p (AA IPO) 2015: 7.0p (BCA Marketplace IPO) 2016: 1.0p 2017: 4.5p SIZE OF CORPORATE CLIENT BASE (as at 30 Jun) 2011: 106 2012: 118 2013: 122 2014: 127 2015: 125 2016: 119 2017: 120
speedsgh
26/9/2017
08:18
Nice rise today.
its the oxman
26/9/2017
07:57
Results:- https://uk.advfn.com/stock-market/london/cenkos-sec-CNKS/share-news/Cenkos-Securities-PLC-Half-year-Report/75721851 Commenting on the interim results, Chief Executive Officer Anthony Hotson noted: "Revenue for the first half of 2017 increased by 91% to GBP29.2m (H1 2016: GBP15.3 million), with profits increasing by 156% to GBP4.2m (H1 2016: GBP1.7m). We are well placed to benefit from improvements in market conditions and have made a very good start to the second half of the year. There is institutional demand to fund high quality companies and ideas and since the period end we have been engaged in a number of significant fund raisings. Our current pipeline of transactions is encouraging. We have been profitable in every year since our formation in 2005 and have raised in excess of GBP17 billion of equity capital for our clients." For further information contact:
cwa1
Chat Pages: Latest  112  111  110  109  108  107  106  105  104  103  102  101  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:43 V: D:20180716 16:37:48