Share Name Share Symbol Market Type Share ISIN Share Description
Cenkos Securities Plc 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
  0.00 0.0% 44.00 43.00 45.00 44.00 44.00 44.00 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 45.0 2.3 4.2 10.5 25

Cenkos Securities Share Discussion Threads

Showing 3151 to 3174 of 3475 messages
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DateSubjectAuthorDiscuss
18/9/2018
10:01
working behind the scenes.
quepassa
18/9/2018
09:41
Hopefully Crystal Amber can get this put up for sale.
arthur_lame_stocks
18/9/2018
08:33
Brief take outs from the above comparables & other figures in the results... - Second lowest revenue since 2011 - Lowest PBT & EPS on continuing operations since 2011 - Client base shrinking with less Main Market clients, greater reliance on AIM clients - Interim dividend is uncovered by EPS for first time since 2011; funded by continued healthy cash levels
speedsgh
18/9/2018
08:27
A comparison of today's interims against previous years (my records only go back as far as 2011). HTTPS://www.investegate.co.uk/cenkos-securities--cnks-/rns/interim-results-for-six-months-ended-30-june-2018/201809180700060375B/ 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 2018: £18.1m PROFIT BEFORE TAX on continuing operations 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 2018: £0.5m 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: 6.7p 2018: 0.6p 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 2018: 2.0p SIZE OF CORPORATE CLIENT BASE (as at 30 Jun) 2011: 106 2012: 118 2013: 122 2014: 127 2015: 125 2016: 119 2017: 120 2018: 116
speedsgh
18/9/2018
07:09
Assuming final dividend is also cut to 2p (and maybe it won't be), still yields a healthy prospective 4.2%. These interim figures and performance had been presaged in the 24th. July Trading Update. The interims reconfirm a better and positive Outlook for second half: "Outlook We have made a good start to the second half of the year with several transactions announced in July and August and more to come later in the year and beyond." ALL IMO. DYOR. QP
quepassa
18/9/2018
07:09
Presumably Crystal amber will have something to say. Second half appears to be going better but still needs some bigger deals.
mattboxy
10/9/2018
20:50
Not a bad size fundraising. All helps. I notice that there are quite a few new issues being announced at the moment. Now is the time for a big-one....fingers crossed!
topvest
10/9/2018
07:35
Cenkos are acting as sponsor/sole placing agent on a £70m C Share Issue for GCP Asset Backed Income Fund (GABI). Second largest fundraising undertaken by Cenkos to date this year (after acting as joint broker with Numis on £174m placing/open offer for BREE in Q2 18)... C Share Issue and publication of prospectus - HTTPS://www.investegate.co.uk/gcp-asset-backed-inc--gabi-/rns/c-share-issue-and-publication-of-prospectus/201809071313200469A/
speedsgh
07/9/2018
06:19
Crystal Amber, a Significant and important activist shareholder in Cenkos, release their full year results today. This is what Crystal Amber today write about their investment in Cenkos:- "Cenkos Cenkos is a corporate broker, a financial sponsor and a nominated adviser that focuses on raising equity capital for UK companies and investment funds. Since its founding in 2004 the company has raised over GBP15bn for clients, and it has a proven ability to handle large transactions, with its most significant deal to date amounting to GBP1.4bn. Cenkos has an entrepreneurial culture and an ability to "punch above its weight" in securing deals such as the IPOs of AA plc, BCA Marketplace and Eddie Stobart Logistics. It also has a long track record of returning excess cash to shareholders via dividends and share buybacks. However, it has struggled to grow corporate client numbers and therefore recurring revenues and earnings, given competition from larger players such as Numis. CEO Anthony Hotson was appointed in August 2017, having served as a non-executive director since May 2012. Philip Anderson was appointed as Finance Director and Head of Compliance in September 2017. Together they have a mandate to grow the base of recurring revenues by pursuing key hires and building a more consistent corporate culture. The Fund has been a shareholder in Cenkos since late 2010 and increased its holding significantly during January 2018 at a share price which we believe ascribes little probability to the company being able to secure any further exceptionally large deals. Given the pressing need to deal with forthcoming retirement/succession issues relating to a number of Cenkos's founders and the evident strategic interest in this sector (2017 takeover of Panmure Gordon and 2016 Kuwaiti investment in WH Ireland), we have now proposed to the board that it undertakes a strategic review of the company. " Crystal Amber make a very valid point, inter alia, about Cenkos' "pressing need to deal with forthcoming retirement/succession issues relating to a number of Cenkos’s founders and the evident strategic interest in this sector ". More action to come and much to play for in my view. ALL IMO. DYOR. QP
quepassa
07/9/2018
06:09
From Crystal Amber's results: Cenkos Cenkos is a corporate broker, a financial sponsor and a nominated adviser that focuses on raising equity capital for UK companies and investment funds. Since its founding in 2004 the company has raised over £15bn for clients, and it has a proven ability to handle large transactions, with its most significant deal to date amounting to £1.4bn. Cenkos has an entrepreneurial culture and an ability to “punch above its weight” in securing deals such as the IPOs of AA plc, BCA Marketplace and Eddie Stobart Logistics. It also has a long track record of returning excess cash to shareholders via dividends and share buybacks. However, it has struggled to grow corporate client numbers and therefore recurring revenues and earnings, given competition from larger players such as Numis. CEO Anthony Hotson was appointed in August 2017, having served as a non-executive director since May 2012. Philip Anderson was appointed as Finance Director and Head of Compliance in September 2017. Together they have a mandate to grow the base of recurring revenues by pursuing key hires and building a more consistent corporate culture. The Fund has been a shareholder in Cenkos since late 2010 and increased its holding significantly during January 2018 at a share price which we believe ascribes little probability to the company being able to secure any further exceptionally large deals. Given the pressing need to deal with forthcoming retirement/succession issues relating to a number of Cenkos’s founders and the evident strategic interest in this sector (2017 takeover of Panmure Gordon and 2016 Kuwaiti investment in WH Ireland), we have now proposed to the board that it undertakes a strategic review of the company.
arthur_lame_stocks
05/9/2018
14:46
Further to post 2907, the Scheme Document in relation to the proposed £1.2bn takeover of esure Group (ESUR) by Bidco/Bain Capital has been published today. Cenkos are acting as joint financial adviser to Bidco/Bain Capital alongside Goldman Sachs (lead financial adviser) & Dean Street (joint financial adviser). The Scheme Document states that the aggregate fees & expenses for financial & corporate broking advice to be incurred by the Bidco in connection with the acquisition are expected to be £17m (see pg61 of Scheme Document). Scheme Document - HTTPS://www.esuregroup.com/~/media/Files/E/Esure-V2/offer-from-bain-information/scheme-document.pdf
speedsgh
05/9/2018
06:42
Further to post 2859, Gusbourne (GUS) have confirmed that they have raised approx £3.7m via an Offer for Subscription. They were targeting £3-5m. Again no confirmation that Cenkos acted on the fundraising (£2.85m of which was taken up by GUS directors) but they are listed as Nomad/broker at the foot of the rns... Result of Subscription - HTTPS://www.investegate.co.uk/gusbourne-plc--gus-/rns/result-of-subscription/201809050700107718Z/
speedsgh
30/8/2018
07:02
Note that Richoux Group (RIC) yday raised £1.09m via subscription. Cenkos are Nomad but neither of yday's announcements state that Cenkos acted as broker on the deal. Over 50% of the subscription shares issued were to Related Parties (i.e. company directors). Very small fry so probably not worth wondering over any further. Subscription to raise approximately £1.09 million - HTTPS://www.investegate.co.uk/richoux-group-plc--ric-/rns/subscription-to-raise-approximately--1-09-million/201808291615071805Z/
speedsgh
28/8/2018
12:08
Yes, today's is a good banker in August. 4m left to do a couple of chunky deals.
topvest
28/8/2018
11:32
By my rough calculations Cenkos have raised c.£678m to date in 2018 which compares to c.£940m to the same point in 2017. As topvest suggests, a few chunkier deals will be required to match 2017 full year performance.
speedsgh
28/8/2018
09:17
Fees/costs of £1.7million in the Design Group placing. Cenkos appears to be the Sole Placing Agent and they should likely get by far the largest chunk of this hefty sum of £1.7m . ALL IMO. DYOR. QP
quepassa
28/8/2018
08:27
Sounds good news. Still need a few £100m+ deals in H2. Conditions are pretty good, so lets hope things improve.
topvest
28/8/2018
07:11
Cenkos are acting on a placing of up to £50m for IG Design Group (IGR)... Acquisition of Impact Innovations, Inc. & Placing - HTTPS://www.investegate.co.uk/ig-design-group-plc--igr-/rns/acquisition-of-impact-innovations--inc----placing/201808280700109474Y/ ... In conjunction with the Acquisition, the Company is pleased to announce a placing with institutional investors to raise up to £50 million before expenses (the "Placing") through the issuance of up to 9,804,000 new ordinary shares of 5 pence each in the capital of the Company ("Placing Shares") at 510 pence ("Placing Price") per Placing Share. The Placing was significantly oversubscribed, with strong support from both new and existing institutional shareholders... ... The Company proposes to raise £50 million gross proceeds (£48.3 million net of expenses ("Net Proceeds")) from the issue of the Placing Shares at the Placing Price through Cenkos Securities plc...
speedsgh
19/8/2018
16:45
Richard Bernstein of activist investor Amber Crystal quoted in The FT (18/8)about the need for industry consolidation and that Cenkos should carry out a strategic review with a view to putting part/all of itself up for sale. Elsewhere in same FT article, the following words appears : "xxxxx Several broking executives told the Financial Times that they had received — and rejected — approaches from both City and foreign companies.". Looks like the pressure is building and that the sector may be in play. ALL IMO. DYOR. QP
quepassa
19/8/2018
08:08
I think there's an article in the FT today suggesting that there's going to be a spate of m&a activity amongst brokers due to MIFID and with Crystal Amber writing to the BOD here suggesting they put themselves up for sale we might not have to wait too long for some action.
arthur_lame_stocks
17/8/2018
17:28
Yes, saw that one. They have done well out of AA though and so was probably on the cards anyway. Just need a big deal or two in H2.
topvest
17/8/2018
07:19
Material loss of mandate. Cenkos & Morgan Stanley have been replaced by Peel Hunt & Citigroup Global Markets as joint brokers to AA plc (AA.). Liberum retain their position as joint broker. APPOINTMENT OF JOINT CORPORATE BROKERS - HTTPS://www.investegate.co.uk/aa-plc--aa--/rns/appointment-of-joint-corporate-brokers/201808170700030530Y/
speedsgh
17/8/2018
06:37
Another deal today for Shearwater Group https://www.investegate.co.uk/shearwater-group-plc--swg-/rns/proposed--30-3-million-acquisition/201808170700031263Y/ Proposed placing of between approximately £25 million and £30 million and open offer of up to £1 million to fund the Proposed Acquisition and provide additional working capital for the Enlarged Group
tanneg
16/8/2018
06:40
Loss of mandate. Verseon Corporation (VSN) have appointed Arden Partners as Nomad and joint broker. Cenkos were previously Nomad/joint broker alongside Cantor Fitzgerald Europe who retain their mandate. Change of Adviser - HTTPS://www.investegate.co.uk/verseon-corporation--vsn-/rns/change-of-adviser/201808160700129904X/
speedsgh
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