Panmure Gordon Share Discussion Threads

[tell it as it is] 29/9/2015 12:41

The employees must be really over the moon with the EBT share purchase at 132p. Ouch ! That said this is a good bunch of people and worth backing.

[isis] 29/9/2015 09:27

Disappointed as with everyone.

IPO market plays a big part with PMR which has dried up at the moment.

Hoping for a better 2nd half.

[salpara111] 29/9/2015 08:57

Well, their forward looking statement does not inspire me with confidence which is why I have thrown the towel in.
Cenkos said that their second half was looking promising.
No wonder Qinvest were looking for a buyer for their stake, they really should take some action given that they effectively control the business, sacking the CEO as a start would seem to be good plan.

[sailing john] 29/9/2015 08:50

Poor results but net tangible assets of £19m now above market cap of £15m.

But whilst the balance sheet provides security they do need to turn a profit in 2H and 2016.

[salpara111] 29/9/2015 08:22

Well this is just awful.
I have waited this long just to finally throw the towel in at a 40% loss.
Grim!
I recently bought Cenkos as they are hugely profitable and paying a divi of almost 10%
This is not a market issue, this is a Panmure Gordon issue.
The CEO needs to go now.

[isis] 29/9/2015 08:13

Nasty drop.

I don't think they can do an awful lot in this market tbh.

IPO's seem to have dried up and we are only a couple of hundred points from being in a technical Bear Market.

[mickharkins1] 29/9/2015 07:33

Terrible first half and shocking outlook statement (copied below) which makes no mention of expectations/revenues/profits for the future....only that they are confident of delivering excellent service to clients - sounds like management need a reminder that they are running a business for the benefit of the owners!

"It is pleasing to see that our pipeline of corporate transactions is continuing to build in number and quality on account of the management changes made in the year, the sector based approach adopted across the Group and the focus on origination of transactions. Although the timing of their completion is difficult to forecast due to prevailing market conditions, we remain confident in our ability to deliver an excellent level of service for our clients."

[discodave4] 25/9/2015 21:51

Interims have to be issued before end of Sept, so before next Wednesday.Fingers crossed they get thus moving in the right direction again.DD

[isis] 24/9/2015 11:43

Whole market's getting Rogered - best go on holiday.

[salpara111] 24/9/2015 11:08

Half year results last year on the 23rd.
I cant see any info on their website but assume they must be in the next few days.

[isis] 22/9/2015 10:45

I don't think that's the bit they bought.

[cliffpeat] 22/9/2015 10:23

Click to see their direct offering on

[salpara111] 21/9/2015 17:52

Well this is my second worst performing stock of the last year.
Getting an uneasy feeling as we get closer to results and the share price keeps dropping but given how low it is now I guess I will just wait and see.

[isis] 16/9/2015 18:45

LOL

They're all non-performing at the moment.

We should be lucky we're not in one that's profit warned!

[salpara111] 16/9/2015 17:58

Hmm, its like watching paint dry!
This is the last role of the dice for me with this one.
If the imminent results aren't solid and lead to a decent rise in the share price I will exit for a loss as I am not willing to leave money tied up in a non performing stock any longer.

[isis] 16/9/2015 15:10

This market so frustrating - I think this will run for a while.


Hope it doesn't knock the IPO market.

[salpara111] 25/8/2015 14:06

They have no excuse for not turning in a strong first half so that will be critical.
Sadly I do not have enough confidence in them to double up at this point and I guess that really tells me that I should sell out but I will wait for the next update before pushing the button as results should be in about 4 weeks.

[isis] 25/8/2015 13:57

Market turmoil is not good for IPO's I'm afraid. Still things will hopefully calm down soon.

[discodave4] 25/8/2015 08:12

Would guess H1 will be around 23rd/24th Sept?. DD

[salpara111] 24/8/2015 13:09

Well, the next update better be pretty damn perky to float this sinking boat!
I am beginning to get a horrible feeling that I might end up taking a loss on this as I will not continue to hold beyond the next results unless they are very good and spark a share price rally.

[discodave4] 18/8/2015 09:35

Mm's walking this down again on zero trades........so somebody can load up?.DD

[discodave4] 14/8/2015 13:22

No trades and they drop it.....games!.DD

[discodave4] 10/8/2015 19:43

Thanks Isis, yep didn't realise there was a share capital reduction (one-tenth) in May 2013 - before my time!. DD