Cenkos Securities Share Discussion Threads

[arthur_lame_stocks] 31/10/2018 09:02

I certainly wouldn't worry about losing Appscatter's business, they won't be around long.

[speedsgh] 31/10/2018 08:44

Loss of mandate for the Nominated Adviser and Corporate Broker business of Smith & Williamson (S&W) which Cenkos are in the process of buying. S&W were Nomad & joint broker to appScatter (APPS) alongside Stifel. They have been replaced by finnCap.

Change of Adviser -

[speedsgh] 26/10/2018 08:54

Superdry founder Julian Dunkerton seeks return to the fold -

The co-founder of Superdry is talking to shareholders about returning to the fashion retailer in the hope of reviving its fortunes...

...Mr Dunkerton said any retail shareholders he spoke to also wanted him to go back. He has hired the broker Cenkos to help persuade institutional investors to support his campaign.

[speedsgh] 24/10/2018 09:29

I note that finnCap have announced their intention to float. They state that they are retained as financial adviser or broker to 125 quoted companies so are a peer to Cenkos who were retained by 116 quoted companies when they released their Interims in Sept...

Intention to Float -

[tanneg] 24/10/2018 07:55

Placing of £20m for Angling Direct

[gary38] 22/10/2018 15:33

Look at the positive, we have the likes of big investors Kerogen capital on board at HUR . Eventually the big traders the likes of RB of CA will be gone from HUR to raid another hard working company who if it does not do what RB wants will flood on the open markets all its shares.Lets hope we have some more decent investors like Kerogen come aboard, such ashame we got attack and raided by the likes trader RB of CA.

[topvest] 14/10/2018 14:31

I'm not sure that a sale of the business will generate shareholder value if its anything like Panmure Gordon. The best return will be made by returning the business to where it once was. I think they have a few issues: 1. Entrepreneurial ways have been tempered through leadership issues; and 2. Reliance on Woodford deals has caused a problem as Woodford has no cash to invest. If you look at most of their big deals of the past Woodford was heavily involved.

[arthur_lame_stocks] 14/10/2018 08:58

Results were poor as expected. I've been reading quite a lot about how MIFID and all the other reguoation is making life very tough fo small brokers and there needs to be consolidation. Hopefully RB can force a sale of the company.

[millennial] 14/10/2018 08:01

Why has this cratered

[speedsgh] 10/10/2018 07:46

Appointment of Cenkos Securities plc -

Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG, ESM: FAC) is pleased to announce the appointment of Cenkos as joint broker, alongside Davy and RBC Capital Markets, Falcon’s current brokers. Davy will continue as Falcon’s sole nominated advisor.

[speedsgh] 10/10/2018 07:30

"It was unclear on Tuesday whether Richard Bernstein, the prominent investor who heads Crystal Amber, would be reassured by Mr Durkin's re-emergence at Cenkos..."

[speedsgh] 10/10/2018 07:28

Former Cenkos chief Durkin to return to hotseat at City broker -

A former chief executive of Cenkos Securities, the City stockbroker, is to stage a surprise comeback by returning to the helm less than 18 months after retiring from the firm.

Sky News has learnt that Jim Durkin has been asked by Cenkos's board to stage a surprise comeback and replace Anthony Hotson, whose departure was announced on Tuesday.

Mr Durkin, a 35-year City veteran who was a founding shareholder in Cenkos, is expected to return as its chief executive later this year.

Sources close to the firm said his appointment was likely to be announced this week...

[yellowdog] 09/10/2018 12:33

As at the half year it had cash of £21m!! Enterprise Value of £9.6m.

Got to be cheap at this price?

[arthur_lame_stocks] 09/10/2018 11:37

Well the market seems to like the news. I'm still hoping RB can get the company put up for sale and deliver us some value.

[quepassa] 09/10/2018 09:00

not overanalysis.
at least i offer opinion

[speedsgh] 09/10/2018 08:54

"It is anticipated that a successor for Anthony Hotson will be announced shortly."

Little bit of overanalysis there imo, QP. Seems like a perfectly normal sentence to me but happy to be proven wrong in due course. Regardless, in view of recent trading, it is somewhat of a welcome grace to have Crystal Amber's involvement at this juncture imo.

[speedsgh] 09/10/2018 08:16

High likely that Crystal Amber will have been instrumental in this imo...



and remember this from Crystal Amber's Final Results on 7 Sept...



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.

[lord gnome] 09/10/2018 07:30

Yes, QP, that had fluttered past my mind as well. I live in hope.

[gary38] 08/10/2018 11:26

Trader RB style of trading always sells into rises and pushes for the company to be sold off and then moves on to raid other companies where he make big profits quickly.If the companies dont do what he wants he starts selling down his holding on the open market, instead of finding others to buy his holding, just like he is doing to Hurricane Energy.

[skyship] 07/10/2018 10:49

Lord Gnome - message for you over on your RGL thread

[lord gnome] 05/10/2018 08:35

Ouch! This is hurting. Dropping on every small sell. No great volume, so the fall is now beginning to look well overdone.

[speedsgh] 03/10/2018 09:02

Some possible work for Cenkos. 88 Energy Ltd (88E) are looking to raise up to AUD14.33/£7.96m via an Open Offer to existing shareholders in Australia, UK & NZ. Cenkos are an adviser/broker to 88E.

Non-Renounceable Rights Issue / Open Offer -

[topvest] 01/10/2018 17:19

The latter I suspect.