Numis Share Discussion Threads

[speedsgh] 09/7/2020 12:33

Numis has acted alongside Peel Hunt as joint bookrunner on a placing to raise £140m for Primary Health Properties (PHP). The placing was upsized from £120m due to strong demand...


Numis is acting as Nomad/sole broker/sole bookrunner on a fundraising of up to £12.4m for e-therapeutics (ETX)...

[deadly] 03/7/2020 08:53

Strong TU:

"Revenue for the third quarter was materially ahead of each of the first two quarters of the financial year with both Investment Banking and Equities delivering strong performances."

[speedsgh] 26/6/2020 08:59

Numis has acted alongside Peel Hunt as joint bookrunner on a secondary placing of Telecom Plus (TEP) shares to raise £43.2m for the selling shareholders (Chairman + NED)...

[speedsgh] 25/6/2020 07:29

Numis has acted alongside JP Morgan Cazenove as joint bookrunner on a placing/subscription to raise £300m for The Unite Group (UTG)...


Numis has acted alongside Canaccord Genuity & Turner Pope Investments as joint broker on a placing/subscription/retail offer to raise £20m for Velocys (VLS)...


Numis has acted alongside J&E Davy as joint bookrunner on a placing/subscription to raise £13.8m for Hostelworld Group (HSW)...

[speedsgh] 17/6/2020 10:03

Numis has now been involved in £2.25bn worth of fundraisings since the start of April...

[all figures below are £m unless otherwise stated]
De La Rue (DLAR) 100.00 Placing/Open Offer
Nexus Infrastructure (NEXS) 10.00 Placing
Biffa (BIFF) 98.68 Placing
EJF Investments Ltd (EJFI) 6.06 Placing
Ocado (OCDO) 650.00 Placing
Learning Technologies Group (LTG) 81.80 Placing
AJ Bell (AJB) / Invesco Asset Management Ltd 123.90 Placing
On the Beach Group (OTB) 67.30 Placing
accesso Technology Group (ACSO) 32.90 Placing/Subscription
Beazley (BEZ) 247.00 Placing/Subscription
Keywords Studios (KWS) 100.00 Placing
Scapa Group (SCPA) 32.60 Placing/Subscription
Hyve Group (HYVE) 127.00 Rights issue
Polypipe Group (PLP) 120.00 Placing
MaxCyte Inc. (MXCT) 25.10 Placing/Subscription
Chaarat Gold Holdings Ltd (CGH) USD 13.80 Placing
Horizon Discovery Group (HZD) 6.90 Placing
Foxtons Group (FOXT) 22.00 Placing
The Gym Group (GYM) 41.30 Placing/Subscription
Abcam (ABC) 110.00 Placing
ASOS (ASC) 247.00 Placing

[speedsgh] 17/6/2020 10:01

Numis is acting alongside Investec & Barclays as joint bookrunner/joint global co-ordinator on a placing/open offer to raise £100m for De La Rue (DLAR)...

[speedsgh] 12/6/2020 11:57

Numis has acted alongside HSBC as joint bookrunner/joint global co-ordinator on a placing/subscription/retail offer to raise £100m for Biffa (BIFF)...


Numis has acted as solebookrunner on a £10m placing for Nexus Infrastructure (NEXS)...

[speedsgh] 11/6/2020 08:43

Numis has acted alongside Goldman Sachs & JP Morgan Cazenove as joint bookrunner on a £650m placing for Ocado (OCDO)...

[speedsgh] 29/5/2020 11:17

Numis has acted alongside Goldman Sachs as joint bookrunner on a £81.8m placing for Learning Technologies Group (LTG)...

[speedsgh] 22/5/2020 08:29

Numis has acted as sole bookrunner on the placing of existing shares in AJ Bell (AJB) on behalf of Invesco Asset Management. The placing has raised gross proceeds of £123.9m...


Numis has acted alongside Peel Hunt as joint bookrunner on a £67.3m placing for On The Beach Group (OTB)...


Numis has acted as sole bookrunner on a £32.9m placing/subscription for accesso Technology Group (ACSO)...

[speedsgh] 19/5/2020 16:48

Numis has acted alongside JP Morgan Cazenove as joint bookrunner on a successful £247m placing/subscription for Beazley (BEZ)...

[speedsgh] 15/5/2020 14:28

New Edison research note released today...

Busy and adapting to new circumstances -

Strong performance from its investment banking division which by my calcs has raised c£850m since start of April (the list in the Edison note summarises the larger deals) and over £1.1bn since the start of January. The company has also picked up some impressive new broker appointments e.g. Qinetiq Group (QQ.), Accesso Technology (ACSO), CareTech Holdings (CTH) & Scottish Mortgage Investment Trust (SMT).

[deadly] 12/5/2020 11:39

Quite impressive recovery in the share price since Feb. Clearly a resilient business in these difficult times.

[speedsgh] 12/5/2020 08:05

Half-year Report -

HIGHLIGHTS

· Resilient business performance despite volatile market conditions during the 6 month period ending with the unprecedented impact of COVID-19
· Investment Banking revenues down 5% due to lower deal volumes in line with the UK market
· Equities revenue increased 55% reflecting higher market activity levels and strong trading gains
· Market declines at the end of the period resulted in £1.9m write down of the Investment portfolio
· All business lines fully operational with all staff working from home
· Resilient returns; dividend maintained at 5.5p and £5.5m spent on share repurchases
· Strong balance sheet; cash position materially higher and undrawn credit facility

CURRENT TRADING & OUTLOOK

Transaction volumes have increased in recent weeks as corporate clients accessed the equity markets to complete recapitalisations. Deals executed since the period end include equity raises for ASOS, Hyve and Polypipe. Average deal fees have been maintained resulting in an improved Investment Banking performance since the end of the first half. Equities has maintained the strong performance levels achieved in the first half.

Our pipeline of recapitalisation transactions for clients continues to grow, partially offsetting the decline in M&A, Private markets and IPO fee opportunities which have generally been subject to delay or abandoned. The market environment post COVID-19 is difficult to forecast, however we expect the economic outlook will be challenging and balance sheet repair will continue to be a priority for many companies.

These market conditions will inevitably present opportunities to achieve market share gains and build a stronger business in an evolving competitive landscape, but in the short term we will continue to prioritise the wellbeing of our staff and support our clients whilst adopting a cautious approach to costs and liquidity.

[speedsgh] 06/5/2020 09:01

#NUM #CNKS

Stockwatch: these two AIM stocks are a geared play on market trends -

A scenario exists where stocks remain generally at a premium to intrinsic values, given investors now fear inflation and any yield at all may be better than what you might get from bonds or troubled property tenants.

Yet business margins will be compromised by social distancing as attempts to ease lockdown are made. These two trends imply firms will resort to equity, rather than riskier and costlier debt, to bolster their balance sheets. So, even if flotations are lacklustre, we can expect more placements in due course.

It might not be a fundraising bonanza, yet the context for corporate stockbrokers has been a difficult two years, where the Brexit impasse then General Election damaged revenue, and their operational gearing hit profits even more. So, it is possible that a medium-term turning point already exists.

A tale of two rather contrasting brokers

The two chief means to play this theme – both AIM-listed – are poster boy Numis Corporation (LSE:NUM), capitalised at around £280 million with its price at 269p, and relative ugly duckling Cenkos Securities (LSE:CNKS), valued at around £27 million with its price at 47.5p... [cont'd]

[hatfullofsky] 11/2/2020 19:27

Very strange action here

[its the oxman] 11/2/2020 14:30

Should be back over 300p soon, decent update recently

[hatfullofsky] 04/2/2020 15:18

Joined the party (again) today, great little company that I've been in and out of over the years - Checking records last sold in Oct 18 at 2.92 (should have sold at 400 a month earlier !)

With this update NUM is clearly on the right path

[quepassa] 09/12/2019 15:28

now up 25% to 260p over two months from October 210p lows

[its the oxman] 06/12/2019 14:32

Considering the price is now 250p num has done a fair bit of tanking from its past high around 450p.

[jammydodger1] 04/12/2019 16:55

Tonight you people need to research ALGWBIG PLANS 100,000,000 million. Credit facility about to be approved and signed by a leading UK asset managerMcap of this company is only 5m nowWill be multiples And way past 20pDnt be left out in the cold

[f15jcm] 04/12/2019 16:35

I'm amazed it didn't tank on those results. Not only did profits slump by 2/3rds, they even missed the greatly reduced EPS analysts were predicting, despite all the share buy backs. The divi. is good but it is no longer covered by earnings. I would like to buy this as a recovery play but I was hoping for a much better price, ideally <200p. At the current share price, any recovery seems to be largely priced in.

[its the oxman] 04/12/2019 13:36

Decent enough results, good div but eps depressed by market conditions. Critically the valuation looks underpinned by the underlying business and client base which is getting stronger. Time to accumulate for when the good times return.