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Notice of Interim Results and Investor Presentation
finnCap Group PLC will announce its interim financial results for the six months to 30 September 2021 on Thursday 18 November 2021.
Sam Smith, CEO and Richard Snow, CFO will provide a live presentation relating to results via the Investor Meet Company platform on 18 November 2021 at 12:30pm GMT.
The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the presentation or at any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add to meet FINNCAP GROUP PLC via:
https://www.investormeetcompany.com/finncap-group-plc/register-investor
Investors who already follow FINNCAP GROUP PLC on the Investor Meet Company platform will automatically be invited.
EOB, just need to be patient with finnCap. For the time being they are profitable and are paying a decent dividend. Owned ENET for a week, probably would be still holding but a regular lse poster seemed like an employee to me. therefore found hard to trust ITX are not one I would want to hold. Had Polb (spinoff from Open Orphan) for a few days then decided I didn't want to hold as medical stocks are close to gambling, like many commodity stocks. eEnergy looks interesting, will try and find time to listen to the recent investormeet event over the weekend. Am on the lookout for some more growth winners at the penny share level. That said don't want any commodity stocks. Payments companies are in a very competitive market need a lot of luck to find the right one. Though FNX are different with scope to multiply overseas, if they can reproduce UK success. As it is, they are profitable and paying a dividend, not to be scoffed at.
Cheers Harry, I have Google Alert set up for FinnCap as well as for my other small-co punts, including Angle. The FinnCap SP is frustratingly low, as if the market doesn’t believe the good times will continue I guess.
What other holdings of this type are you holding or considering? I’m reasonably confident that ENET will also prevail and that eEnergy is also undervalued. Both suffered recent dips following fund-raises, even though both are funding expansion. I also hold ITX which never has a dull moment ! All long term holds though.
The less said about Open Orphan the better though. Damn their eyes.
Nice find EOB, doesn't appear to be on the finnCap website yet. The buyer Access Group does appear to be a very good home for this business.
It seems as if finnCap have lost Ideagen (IDEA) rns today. Can't please everybody.
Had a look at Angle this morning, eating up a lot of money but signs are very promising. Apart from your interest, I notice that finnCap are involved with them.
Yes finnCap should trade higher, but at present levels, dividends reinvested should provide ample compensation longterm. My first reinvested dividend with GBG when they were pennies has to be worth now, as much as the original investment.
https://www.fenews.co.uk/press-releases/78606-finncap-cavendish-advises-on-the-sale-of-gcsepod
Mike Dinsdale, Director at finnCap Cavendish said:
“We are delighted to have advised the shareholders of GCSEPod on this successful transaction. Over the years, the GCSEPod team have built an outstanding, award-winning platform, combining the foundations of learning & assessment into a product that delivers tangible results for students. In Access, we are confident that the business has found the right home and look forward to witnessing the next phase of its growth story.”
John Farrugia, Managing Partner at finnCap Cavendish commented:
“We are very proud to have advised on this deal, further cementing finnCap Cavendish’s expertise in the fast-growing ed-tech market. At finnCap we are passionate about creating equal opportunities for the younger generation and this deal will allow GSCEPod to accelerate its growth plans and continue to provide accessible and engaging digital content for the British school curriculum, allowing students, regardless of their background, to progress in their education.”
Lazily pasted from “the other” board:
“Progressive update out.Very strong first half revenue confirmedFollowing its positive AGM trading update on 23 September, finnCap has delivered its promised update on revenue for the six months to the end of September 2021. With a further four M&A deals closing between those two dates, H1 2022E revenue is £31.8m, up 55% on the prior year comparator of £20.5m. The Group has raised the lower end of its guidance range for full year revenue by £5m to between £45m and £50m. The most striking performance in H1 is that of finnCap Cavendish which has reported revenue of £16.2m in the half year compared to £4.2m in H1 2021 in a vibrant M&A market. Risks to our upgraded numbers remain firmly on the upside.“
Fantastic (and I never use that word lightly) figures announced today. No RNS showing on LSE yet but SURELY the SP has to rise today? I mean properly rise ?!?!!? Time will tell … very happy with that though.
The good news keeps flowing from finnCap. How do they do it?
https://www.finncapcavendish.com/deals/pimlico-plumbers-neighborly-kkr/
https://www.finncapcavendish.com/deals/rjd-partners-improve-international-debt-advisory-private-equity/
No, my mistake, a month or so. I might actually break even soon. Such a weird share.
Obviously when I say “month or so” I mean “a year or so” !!!
I topped up earlier as well.
ii got me £5k worth at 32p which seems like brilliant value. Will hope (!) to sell these at 37/38p in a month or so.
I’ve topped up / averaged down at 33p for the following reasons.
1) fundamentals haven’t changed, it’s just got cheaper.
2) weekly rsi now oversold.
3) hourly rsi looks like it’s is showing divergence against price
4) very close to 200 day moving average so would think that a good buy point for anyone considering entering the stock.
And now “stabilising” just above 30p. So weird and not a little disappointing. Certainly a dip but whether it’s one to buy on is a moot point.
May even dip below 30p at this rate? But what do I know?
Agree, case of buy on rumour sell on news. Think its stabilised at 37p now. Healthy company with anticipated growth. Economy will be strongest since US in the 1940s come next year so I'm keeping this one in the backburner
To me this company is on the up. No doubt given a push by the Covid pandemic but still accumulating some interesting clients, word gets around. On top of the decent numbers, today's RNS sees the CFO filling his ISA allocation with FCAP shares. Also transferring many into his SIPP. Always a good sign for me, so bought in today. Good luck to all.
I guess the market is concerned about the flat outlook for revenue growth. 40-50 million. To be honest I’m not too concerned about that as I was sort of expecting revenue to drop off a bit with Covid. If we manage to stay flat or even grow revenues beyond Covid then that’s brilliant.
Trying to use the staff costs (%) provided I estimate a worst case senario of 3 eps and best case of 6 eps. So today’s reaction may be over concern that eps might go backwards.
Against the current share price of 39p that’s a forward pe of somewhere between 6.5- 13. When you consider that over the last 4 years the eps has done 100% (25% per annum) one might expect the pe to support a higher figure.
This is before we Consider dividends and now we have almost 20million in cash and growing so there is very good potential for future acquisitive growth.
In my opinion we will see upgrades too expectations as the year progresses.
It’s certainly baffling ! But then FinnCap had already announced that the results would be this good so no actual surprise today really. I remember when itx announced excellent results several months ago, the SP fell 5 or 6% on the day then started rising a fortnight or so later. No idea why !!
Disappointing reaction from the market
Really fine set of results announced earlier. Revenue up 84% and a 1p dividend … plus a bullish statement about 2022. Couldn’t ask for any more I’d say. Hopefully a decent SP rise today.
Just give it time, SP is undergoing a correction at the moment, who knows what this could hit when results come in
Bought another £5k first thing this morning at 41p. Am I right in thinking the ex-dividend date will be late July? Surprised this isn’t at a much higher price given the excellent trading update in April? Seems very much under the radar considering how often the name FinnCap appears in the media. What am I missing?!!
Agree, think this SP is set to break the previous 50p mark this time as results beckon, the company is certainly coming up a lot in the press
Don’t you just love it when the share price does what it’s told!!
I agree, feel as if the floor has been reached now after retrace, should be making its way back up now over the coming month