AGM tomorrow- wonder if there will be an AGM statement. Company looks to be doing well- but nagging fear that they will come back to the market for another fundraise- do like the company and rate the Board (with the exception of Mark Field- why they put a disgraced MP on the Board flip knows)- think the CEO R Frazer is strong, rate Chris Mills as a money maker, and the Chairman seems very capable. I have been a quiet buyer for the past year- will hold off until the cloud around any cash raise is clearer- but def not a seller. This is a significant part of my pension fund,so am watching closely (and grateful for any one else's observations). |
Fair enough, there is a strong buyer out there for Frenkel, they will no doubt be grateful for your decision. |
I’m not buying too much until we officially hit a bear market. Have purchased Sabre Insurance and Schroders for the long term recently. It’s always nice to get 5%+ yield on quality names. In bear markets it’s nice to keep your dividends increasing if values are down. |
What you buying instead topvest ? |
I have reluctantly sold my few shares. Bought at 33p in August 2019, so a very good return (all things considered). I might buy back in if the share price moves into reverse. I sold because of a few things: 1. Dividend signal; 2. Large accrued income balance; 3. Risks entailed with an acquisition strategy and likelihood of another fundraise at some point and 4. Much better value elsewhere. I might be wrong as the acquisitions have certainly worked well so far. For me, 4 is the biggest reason (i.e. there is much better value elsewhere). Good luck for those that remain. |
Was very tempted to top up but chose something else paying a big divi, probably will regret it tho |
The business is growing fast, they need good free cash flow. |
Good results here. Only quibble was that is seemed a bit disappointing not to add 3% to the dividend, rather than be below market consensus on the dividend and spoil a good record. |
Sold all my high PE positions including this. will look to buy back on a dip in next few months. Good luck to all |
...from last year...
Frenkel Topping Group plc published interims for the 6 months to June 2021. Assets under management grew by 15% to £1,110m, revenues by 93% to £8.5m, EBITDA by 118% to £2.4m. The company attracted another 73 new investment mandates, and the balance sheet strengthened considerably with cash at bank in hand up 306% to £6.9m. The interim dividend was even increased marginally to 0.34p. All pretty encouraging progress. Valuation is not particularly cheap at a forward PE ratio of 22, bottom third for the industry. But it is not excessively expensive and the company has traded on significantly higher multiples over the past 5 years. Frenkel Topping is a small cap financial that has potential to grow the business, profits and share price and is an interesting BUY....from WealthOracleAM |
I know AUM is not a priority but still, it is a milestone to break the Billion pound marker and now adding a further 16% to that. |
Excellent trading update. Moving in the right direction. |
Looking ready for the next leg up. |
Nice that they take the time to present to smaller shareholders and not just the big ones. |
Just to let shareholders and prospective investors know that MJ Hudson (LON:MJH), React (LON:REAT) and Frenkel Topping Group (LON: FEN) will be presenting at the Mello webinar event on Monday 21st February 2022 at 6.00pm - 9.30pm.
There will be over 500 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.
Tickets are still available and if you would like one at half price then enter the code MMTADVFN50. |
Growing quickly here |
Good volume |
Ive made another top up. |
Christopher Mills talks positively about Frenkel Topping (10:15) here.
www.linkedin.com/feed/update/urn:li:activity:6879354290515841026/
www.youtube.com/watch?v=cG7_82WZdmc&t=2135s |
Great news |
Looks like there's little on offer again |
Chris Mills over 24 %, smart cookie |
Just to let shareholders and prospective investors know that Inspiration Healthcare, Frenkel Topping Investments and eEnergy will be presenting at the Mello Monday webinar event tonight, Monday 11th October at 6:00pm-9:30pm. There will be over 600 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.
Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.
The Programme is as follows:
6.00 pm Mello welcome and news
6.05 pm Company presentation by Inspiration Healthcare
6.35 pm David Stredder interviews David Cicurel, CEO of Judges Scientific
7.10 pm Company presentation by Frenkel Topping
7.50 pm Michael Taylor
8.00 pm Company presentation by eEnergy
8.30 pm Mello BASH |
Looks a clever move this morning, raises a little cash, and clears out a seller (issue looks to have been at least twice subscribed , so seller also taken out?). Company is absolutely motoring- Board looks to be doing a decent job- ever since they changed Chairman, and brought the inestimable Mr Mills on to the Board this has been on the rise. 100 pence here we come- the one doubt I have is whether they will need to raise a pile more cash- but if they do I suspect there will be plenty of willing takers. The CEO has established the business as a gorilla in a niche- the business is leading the competitors and "boldly going where no man has gone before". Bought some more this morning- really rate this stock as you can tell. |
Ah I was a little puzzled by the offer being nailed to 73p for so long. Mystery solved. |
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