Numis Share Discussion Threads

[speedsgh] 08/2/2022 07:24

AGM Trading Update -

Numis today provides the following trading update in relation to the four month period ended 31 January 2022. This statement is issued in advance of the Annual General Meeting which is being held at 12.30pm today.

Revenue for the first quarter ended 31 December 2021 was in line with the strong second half performance of FY21.

The ongoing investment in strengthening our product capabilities underpinned Investment Banking revenues in the period. Continued momentum in M&A and Growth Capital Solutions, Numis' private markets business, largely offset a reduction in IPO revenues. The Equities business delivered a consistent performance and is well placed to benefit from any increase in market volatility.

During the period we acted on our first US IPO and continue to make progress toward establishing an EU presence through our Dublin office which will enable us to target further revenue opportunities outside the UK.

However, mounting inflation and interest rate concerns have impacted broader equity markets in recent weeks, with a reduction in investor risk appetite and capital markets activity. As such, we have had a slower start to our second quarter, albeit our pipeline and outlook for the second half across both M&A and Capital Markets is encouraging, and gives us confidence in the outcome for the full year.

Whilst market conditions will always influence our financial performance in the short term, we remain committed to our long-term strategy of building a broader, more diversified and resilient investment banking business.

[castleford tiger] 04/2/2022 18:09

likewise i keep adding.
p/e is 6 net cash is 1/3rd of market cap.
good yield.
market looks wrong
tiger

[quepassa] 04/2/2022 17:03

Anders Povlsen increases stake in Numis to 22%

[powereddrones] 22/1/2022 17:53

BTC at $34K - I don't feel capitulation yet.

[powereddrones] 21/1/2022 10:49

BTC further drops to $38,000. Wow.

The NASDAQ is also looking weak at 14,000 pts. 4 means "death", so I wouldn't be surprised if we saw 10,000 pts on the NASDAQ this year.

[speedsgh] 17/1/2022 08:48

Numis are acting alongside RBC Capital Markets as financial adviser and corporate broker to Clinigen on the proposed sale of Clinigen for £1.3bn...

[powereddrones] 06/1/2022 06:15

The stale bulls are leaving the building. BTC $43K.

[powereddrones] 29/12/2021 06:58

Annnnd now back to $47K. I'd accidentally called the top to the hour it seems. There is definitely some churn at this level. $50K is 100% significant. No need for triangular chart lines or fibs. This is where it is at.

[powereddrones] 27/12/2021 18:09

Did anyone use their dry powder? There maybe a chance for the shares related to BTC when the market reopens later in the week. It looks like BTC is back on form past $50K, at $51K. Still difficult to say if we just had a bear trap, but the longer BTC stays above $50K the healthier outlook for the bulls it becomes.

[powereddrones] 20/12/2021 09:46

BTC still at $47K. The stocks related to BTC such as ARB and KR1 are starting to look ugly. This should be expected as mining stocks are more sensitive than the commodity itself.

[deadly] 16/12/2021 22:10

XD for 8p today so price effectively up.

[speedsgh] 14/12/2021 14:10

Further to post #481, Numis have acted as joint bookrunner, alongside Liberum, on a £60m placing for Chrysalis Investments (CHRY). They were hoping to raise £125-175m...

[powereddrones] 13/12/2021 17:06

BTC $47K.

Have some powder dry if you want to buy some BTC. I think we could see this significantly lower, the longer it is unable to clear $50K.

[powereddrones] 12/12/2021 00:52

Bitcoin still floundering, and the longer it stays under $50K, the more stale the bulls become. BTC stands at $48K.

Most of the alt coins have sharply fallen back, namely the meme Dog coins DOGE 16c, SHIB 0.00003456. Cardano has had real trouble clearing $2, and was my next favourite to trend but has failed to. It stands at $1.37.

[deadly] 10/12/2021 11:31

So how do these so-called analysts work out that earnings are going to fall from 49 to 30p next year??

[quepassa] 10/12/2021 09:09

Edison Research Update just released this morning.

" It can be argued that the strategic progress the group has made is not being fully captured in this valuation"


Also look at the astonishing list of transactions completed so far in just two months of the new financial year (Exhibit 6).

See Edison for full details.

ALL IMO. DYOR.
QP

[speedsgh] 10/12/2021 07:46

Numis is acting as sole bookrunner on a £75m placing for Hilton Food Group (HFG)...

[speedsgh] 10/12/2021 07:43

Numis has acted as joint bookrunner (alongside Canaccord Genuity, finnCap & Goldman Sachs) on a £100m placing for Ideagen (IDEA)...

[km18] 09/12/2021 10:03

Agree consensus FY22 EPS of 29p looks low, scope for some beats next year...

Going nowhere for now, but one that could start moving over the next few quarters, monitor for now...

[bluepeter1] 08/12/2021 18:10

governance indeed

hxxps://www.cityam.com/city-broker-numis-secures-record-revenue-for-second-year-running/

‘Numis declined to comment on its engagement with the FCA after it self-referred itself to the watchdog last month when one of its employees circulated a bold memo suggesting that ecommerce group THG had “irregularities in accounting”.’

[km18] 08/12/2021 16:49

Based on Price of 322p and FY22 consensus EPS estimate 29.80p.
Agree "no rush to buy"
Record revenues 2 consecutive years - so going in the right direction ....

[bahiflyer] 08/12/2021 15:53

A forward PE ratio of 11, based on what? Where do they get that from, an unclear pipeline of IPO activity, which will prove to be only short term due to uncertainty surrounding latest covid hype. Then there will be a backlog of companies rushing to list once the frenzy has died down much as it did after the initial covid panic.In the meantime corporate client numbers are up, especially in higher ranking companies. Investment banking and equity investment is showing solid growth and equity raises show no signs of slowing down among a variety of sectors depending on which ones are in vogue at the time. And the market is supposed to be a forward looking tool. Do me a favour, couldn't see past the end of their noses at best and the reaction to Numis results and statement proves that

[km18] 08/12/2021 15:07

Numis Corporation plc published FY results for the year ended 30th September this morning. Revenues were up 39% to £215.6m a new record, PBT was up 100% to £74.2m, EPS was up 83.9% to 49.1p. There was growth across the business, including the core UK public markets franchise, M&A and private markets. Looking forward the company’s pipeline of deals continues to be strong, albeit subject to greater uncertainty given supply chain issues across the economy and inflation concerns. Meanwhile valuation is fairly attractive, forward PE ratio of 11 is top third for the Investment Banking & Investment Services market. The company is also high quality with healthy balance sheet and solid profitability ratios. All that is missing is some momentum, share price is into its 6th month of correction and showing little inclination to start pushing higher. Certainly a solid company, but no particular rush to buy, one to monitor for now....from WealthOracleAM

[bluepeter1] 08/12/2021 09:40

I guess this is driving the share price ‘However, supply chain challenges and inflation fears have certainly had an impact on investor sentiment toward the UK in recent weeks. As a result, execution of our capital markets pipeline, including IPOs, may be subject to greater uncertainty during the first half.’