Cenkos Securities Share Discussion Threads

[quepassa] 10/12/2021 09:13

Edison have released this morning an Update on Numis following the sector leader's recent f.y. results.



Contained therein- to be noted.

Valuation. Price to book:-

Numis 1.9x
Cenkos 1.5x
FinnCap 2.0x
WH Ireland 2.0x


Cenkos looks/is cheap by comparison to peer group.

See Edison for full details.

ALL IMO. DYOR.
QP

[speedsgh] 10/12/2021 07:33

Cenkos has acted as joint bookrunner (alongside Singer Capital Markets Securities) on a £3.66m placing for Directa Plus (DCTA). The placing is part of a wider fundraising (including a subscription) which has raised £7m in total. Cenkos also act as Nomad to Directa Plus...

[tanneg] 02/12/2021 17:32

Fundraise for Chariot Limited - Proposed Placing, Subscription and Open Offer to raise up to approximately US$11.0 million (£8.2 million)

[topvest] 02/12/2021 10:07

They have picked up the Non-Standard Finance mandate which could be quite lucrative if it survives. Its balance sheet is awful so needs a big fundraise.

[trident5] 01/12/2021 14:25

Good spot speedy

[speedsgh] 01/12/2021 14:10

Cenkos are acting as sole bookrunner on a placing to raise a miminimum of £19.2m for Agronomics (ANIC). The placing forms part of a wider fundraising (including a subscription & open offer) to raise a minimum of £25m...

[speedsgh] 29/11/2021 14:01

New mandate. Cenkos have been appointed as joint broker to LoopUp Group (LOOP) alongside existing broker Panmure Gordon...

[martomarto] 18/11/2021 18:31

Very quiet here. Is there anything happening, or is it takeover time?DYOR.

[martomarto] 11/11/2021 00:41

Good buy. Planning to copy you, but careful as I have large holding already!

[speedsgh] 10/11/2021 07:39

Loss of mandate. Cenkos, previously Nomad & joint broker to Seeing Machines (SEE), have been replaced as Nomad by existing joint broker, Stifel Nicolaus Europe, who also become sole broker...

[bwm2] 23/10/2021 05:28

No joy in the Andy Stewart memorial race at Cheltenham yesterday and it blew my placepot. Need to try harder today!

[topvest] 22/10/2021 13:38

I think they would do better if they resigned from a couple of their highly marginal clients. The fact that they haven't begs the question as to whether they have really changed their ways post Quindell and post Woodford, or is it just raise the money irrespective of ethics and worry about the consequences at some point in the future? Most of their clients are good. It's just a few bad eggs.

[trident5] 22/10/2021 10:13

Cash is cash and reputation is reputation.

[carcosa] 22/10/2021 09:23

I really don't care who they raise cash for. Cash is cash.

However as I mentioned on my twitter recently I sold my holding for an 80% gain; took a few days of selling and that may have precipitated some of the sell off (I had a low 6 figure sum to dispose of).

Depending on your view this may be a buying opportunity.

[topvest] 21/10/2021 21:42

Cenkos do need to get out of raising cash for "dubious" businesses. Salt Lake Potash are on TWs Shareprophets radar screen and so are Mercantile Ports & Logistics. It's not good to be raising equity for dubious / potentially fraudulent companies, particularly after Quindell etc. Lesson not quite learnt I fear.

[topvest] 21/10/2021 21:32

Salt Lake Potash all a bit of a PR disaster for Cenkos? Losing Arena as a client. Presumably, these two behind today's price action.

[tanneg] 20/10/2021 08:05

Cenkos involved in the £50 million Marlowe placing,

"Cenkos and Berenberg are acting as lead bookrunners in connection with the Placing, and Stifel is acting as bookrunner."



and in the cash offer for Arena plc,

"The Arena Directors, who have been so advised by Cenkos Securities plc ("Cenkos") as to the financial terms of the Acquisition, unanimously consider the terms of the Acquisition to be fair and reasonable. In providing its advice to the Arena Directors, Cenkos has taken into account the commercial assessments of the Arena Directors. Cenkos is providing independent financial advice to the Arena Directors for the purposes of Rule 3 of the Takeover Code."

[speedsgh] 10/10/2021 21:27

A comparison of last month's interims against previous years...



H1 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
2019: £10.6m
2020: £13.3m
2021: £18.2m

H1 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
2019: -£0.2m
2020: £0.8m
2021: £1.7m

H1 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
2019: -0.6p
2020: 1.2p
2021: 3.1p

H1 INTERIM DIVIDEND PER SHARE
2011: 4.00p
2012: 3.50p
2013: 3.50p
2014: 7.00p (AA IPO)
2015: 7.00p (BCA Marketplace IPO)
2016: 1.00p
2017: 4.50p
2018: 2.00p
2019: 2.00p
2020: 1.00p
2021: 1.25p

CASH & CASH EQUIVALENTS (as at 30 Jun)
2011: £19.2m
2012: £22.9m
2013: £16.3m
2014: £43.2m (AA IPO)
2015: £48.2m (BCA Marketplace IPO)
2016: £20.1m
2017: £19.8m
2018: £21.7m
2019: £14.7m
2020: £22.4m
2021: £24.0m

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
2019: 110
2020: 97 (31/12/20: 94)
2021: 100

[martomarto] 04/10/2021 22:28

Exit Routes?First Hodges, now Stewart and maybe Durkin as well?Each of these may well want to exit.Will Cnks use their connections to place or why not buy them in for EBT and offer to shareholders? We don't want this stock hanging over the market for the next two years!

[tanneg] 01/10/2021 16:58

TMT INVESTMENTS PLC - Placing and Subscription to raise gross proceeds of US$18.5 million

Cenkos Securities plc ("Cenkos") acted as Lead Broker and Bookrunner and Hybridan LLP ("Hybridan" and together with Cenkos, the "Joint Brokers") acted as Joint Broker, in respect of the Placing.

[speedsgh] 01/10/2021 12:21

Cenkos have acted as joint bookrunner (alongside Panmure Gordon) on a £7.56m placing for LoopUp Group (LOOP). £1.29m was also raised separately via PrimaryBid...