Cenkos Securities Share Discussion Threads

[quepassa] 15/9/2022 15:27

Edison.

New.

Today.


Mkt Cap £20m

Cash £15m


Grab before the EBT does

[speedsgh] 13/9/2022 09:17

New mandate. Cenkos appointed Nomad & sole broker to Immotion Group (AIM:IMMO)...

[speedsgh] 11/9/2022 13:36

Cenkos Securities CEO: "We grew market share as others stopped transacting" -

[grahamg8] 09/9/2022 17:41

Even a poor H2 should be worth something. Drop looks overdone IMO. Mcap £26.4m which includes £15.9m cash.

[trident5] 08/9/2022 09:12

Seems like they made all their money at the start of the half with 3 transactions; and then business just dried up - bodes poorly for the 2H.

[grahamg8] 08/9/2022 07:26

Tough times for business could translate into more takeovers and fund raising. Potentially good for CNKS.

[quepassa] 08/9/2022 07:19

Given understandably tough market conditions, could have been a lot worse than a modest £0.4m half-year loss.

In the circumstances a minor reduction in the interim dividend by 20% from 1.25p to 1p is not bad.

Tough market times for all but Cenkos have the financial strength to weather the lull, waiting for the market to pick up speed at some future point.

Let's hope that Kwarteng's words about "Big Bank Two" for The City are actualised and realised.

ALL IMO. DYOR.
QP

[speedsgh] 07/9/2022 13:48

New mandate. Cenkos appointed Nomad & sole broker to Coral Products (AIM:CRU)...

[martomarto] 26/8/2022 17:10

Couple of good purchases again? 40000 shares today. Always look odd when compared to tiny daily trades? Dyor.

[martomarto] 17/8/2022 19:32

Couple of big transactions again today (purchases?). Someone is playing around!!Dyor.

[martomarto] 16/8/2022 18:31

High volume today. Buys or sells not sure!

[speedsgh] 11/8/2022 11:51

Cenkos has acted as Nomad & sole broker on the UK portion of a AUD14.9m placing for 88 Energy Ltd (AIM:88E).



Euroz Hartleys Limited acted as Sole Lead Manager and Sole Bookrunner to the Placement. Cenkos Securities Plc is acting as 88 Energy's Nominated Adviser and Sole Broker to the Placement in the United Kingdom. Inyati Capital Pty Ltd (Inyati) acted as Co-Manager to the Placement. Commission for the Placement was 6% (plus GST) of total funds raised across Euroz Harleys Limited, Inyati Capital Pty Ltd and Cenkos Securities Plc. In addition, the Company will issue 90,000,000 Unlisted Options (exercisable at $0.02 on or before the date which is 3 years from the date of issue) in total to the managers of the Placement. The Broker Options will be subject to shareholder approval.

[speedsgh] 11/8/2022 11:46

Cenkos has acted as sole bookrunner on a £9m placing for MJ Hudson Group (MJH).

[martomarto] 23/6/2022 13:47

QPThanks for reminder. Nice surprise!

[quepassa] 23/6/2022 09:02

Dividend of 3p today payable.

Already received.

[speedsgh] 16/6/2022 10:35

Cenkos has acted as sole bookrunner on a placing of 27,821,958 shares at 140p. The placing comprised the sale of 22,464,815 existing shares (by certain Directors/Partners of the Company) and 5,357,143 new shares. Gross proceeds of £7.5m raised from the sale of new shares and £31.45m raised for the Selling Shareholders.

[quepassa] 10/6/2022 08:26

It remains to be seen what will happen to the major/largest shareholder stake of 9.66% held in the estate of Andrew Stewart (deceased 13/9/21).

Cannacord Genuity are the next largest significant holder at 9.2% and J Durkin at 8.2%.

That 9.66% stake is worth roughly £3.5 million at today's price.

ALL IMO. DYOR.
QP

[topvest] 25/5/2022 17:57

Hmm, yes and no. May not be the best time to be expanding the workforce if the markets crash and recession rolls in. Good otherwise, just questioning the timing.

[quepassa] 25/5/2022 09:48

Good post.

Great to see Cenkos implementing strategy under new CEO and beefing up with some notable hires.

[speedsgh] 25/5/2022 09:01

Cenkos scores five hires to bolster growth -

Institutional stockbroker Cenkos has scored five new hires as it looks to grow its corporate finance, sales and research teams.

Former head of corporate finance at WH Ireland, Adrian Hadden, will join Cenkos as director in the corporate finance team, and is set to add private fundraisings to his focus. In addition to roles at other City firms, Hadden was also previously a director at Collins Stewart Hawkpoint.

Also joining from WH Ireland is former managing director Jasper Berry, who joins Cenkos’ growth companies sales team as a director. Berry has “a wealth of experience”, Cenkos says, on account of previous experience at Collins Stewart, Société Générale Investment Management and NatWest Stockbrokers.

Cenkos has made more than 20 hires over the past 18 months in an effort to build out its presence in both the growth and investment company sectors. The firm raised more than £1.2bn for clients last year and kicked off 2022 with three IPOs, four placings and two M&A transactions in the first three months.

The growth comes under new boss Julian Morse, who took over from Jim Durkin after a volatile period. Under Morse’s early leadership, the firm saw expansion and a rebound in the company’s fortunes, with revenues surging by 37% to £18.2m for the first half of 2021, while profits were up by 40% to £2.8m, Financial News previously reported.

The new hires also include chartered accountant Charlie Combe, who joins the growth team. Combe was previously global sales director at Edison and prior to that, a corporate financier at Smith & Williamson.

Cenkos is also boosting its research capability with the appointment of Andrew Gibb to focus on business and financial services. Gibb has some 20 years’ experience covering various sectors at a number of firms including Investec, RBC, Singer, and Arden Partners.

Edward Stacey also joins the firm’s property and industrials unit, having spent more than two decades analysing companies for firms including HSBC, SocGen and Proactive Investors.

“The recruitment of experienced operators in the growth companies market, with their wealth of knowledge, expertise and relationships, will help us continue to build Cenkos’ franchise and market share. We see lots of opportunity in the UK equities market and are in an excellent position to make the most of them,” Morse said.

[speedsgh] 23/5/2022 11:55

Loss of mandate. finnCap replace Cenkos as Nomad/sole broker to Pelatro (AIM:PTRO)

[quepassa] 23/5/2022 08:43

Cenkos goes XD this Thursday 26th for 3p.

Pays 23rd. June.

Based on this morning's mid-price of 67p, Cenkos now yields a highly attractive 6.34%.


ALL IMO. DYOR.
QP

[speedsgh] 20/5/2022 18:55

New mandate. Cenkos appointed joint broker to Braemar Shipping Services (BMS) alongside Investec Bank.

[speedsgh] 19/5/2022 08:30

Improved mandate. Cenkos has been appointed Nomad & sole broker to RUA Life Sciences (AIM:RUA). Cenkos were previously joint broker alongside Shore Capital (Nomad & joint broker).