Finncap Share Discussion Threads

[tole] 19/8/2021 20:50

https://www.fool.co.uk/investing/2021/08/19/3-penny-shares-id-buy-right-now/Too cheap to ignoreLastly, I'd consider finnCap. This small-cap investment brokerage looks cheap to me. It trades at a price-to-earnings ratio of just 6.7x. I reckon it's undervalued as recent profits jumped on the back of strong equity market conditions. There have been many mergers and acquisitions this year, leading finnCap to declare its "best-ever financial results". I'd be wary of its relatively poor liquidity, but nonetheless, I'd consider a small position for my ISA.

[farnesbarnes] 17/8/2021 10:15

Rec'd 13th Aug (HL)

[bat5hit] 17/8/2021 10:11

DividendHas everyone received their dividend yet?With Smart Investor and still waiting on mine...

[tole] 05/8/2021 14:27

https://m.youtube.com/watch?v=wmWXjiMX7KoFINNCAP GROUP PLC - Preliminary results for the year ended 31 March 2021 presentation

[tole] 05/8/2021 10:30

Well there's the 50k sold at 31 that did the damage first thing. I've bought a few here fwiw

[riviera1069] 05/8/2021 08:39

Was hoping for a better reaction to the results which were pretty solid. 4 weeks on and we've have drifted by 25%.Tightly held shares which takes very little buying or selling to move the share price Nevertheless a bit disappointing following the last RNS

[molatovkid] 01/7/2021 14:31

I suspect that with the new year trading ahead, they have been cautious with revenue guidance.

[dangersimpson2] 01/7/2021 10:46

The key point in today's news was the strength of the pipeline. The great 2021 results were largely known and anyone who tracks these things will know Q1 has been great, however, the future is often unclear. In this case, if the pipeline is close to how they describe it they should be at least at the top end of the £40-50m revenue guidance and beat the Progressive 2022E numbers released today.

[29palms] 01/7/2021 10:10

Fantastic set of results and nice 1p final div along with massive cash pile at 29th June.

Market has the classic "buy the rumour, sell the news" syndrom today.

Holding and will look to channel funds here from gains elsewhere as they become available.

[thelongandtheshortandthetall] 01/7/2021 07:55

Very positive outlook too.
Happy camper :)

[molatovkid] 01/7/2021 07:16

Excellent results!

[riviera1069] 22/6/2021 08:41

Yep and added further today at 41.8

[thelongandtheshortandthetall] 15/6/2021 11:58

Fcap are ticking along nicely.
Their target of £100m revenue will be reached earlier than first thought IMO.

[dangersimpson2] 15/6/2021 09:31

FCAP do a £50m raise for Access Inteligence (ACC):



This should generate almost £2m in fees for FCAP if we assume their typical fee structure.

There has been commentary from some that the market for placings has weakened, however, the 10.8% discount here seems reasonable given that it is 30%+ of the market cap placed.

In reality, it seems that the market for rescue placings for deeply indebted companies, or PE IPOs at bonkers valuations, has clearly soured. However, placings for strategic acquisitions and growth seem to be still well supported.

[riviera1069] 14/6/2021 13:41

Yep. The share price behaving nicely now.

[thelongandtheshortandthetall] 11/6/2021 14:38

Topped up a few today.

[riviera1069] 03/6/2021 08:16

Yep and that's how I see it. Let's see what the finals bring next month.

[thelongandtheshortandthetall] 02/6/2021 10:19

riviera1069

I'm not concerned. They had 12m in cash in Novemeber.

And this from 3/3/21
'As a result, the Board now expects total income for the current financial year to be in excess of GBP43m, approximately 65% up on FY20, and that the Group's profits and year-end cash balance will accordingly be well ahead of the Board's expectations at the time of the announcement of the interim results to 30 September 2020.'

So I reckon it's either MM shenanigans or board PIs.
Healthy co. IMO.

[riviera1069] 02/6/2021 09:29

Bit of a sell off here this morning. What do they know that I don't?

[thelongandtheshortandthetall] 19/4/2021 10:32

When is the placing.
Haha.
You literally couldn't find a share in less need of a placing.
Also, the fact that employees make up over 50% of the shareholders would certainly make dilution an unattractive proposition.
Plus the (probable) current cash hoard of around£14m.

[texaschaser] 16/4/2021 16:21

when is placing?

[thelongandtheshortandthetall] 16/4/2021 11:44

Hmmmm tree shake anyone 🥂

[29palms] 16/4/2021 09:30

Another new "all time high" for share price this morning and with shares tightly held and only circa 21% in free float any concerted buying pressure will only drive share price higher.

Waiting patiently for July.