Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCNKS.L Share News (CNKS)

  • There is currently no data for CNKS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IN BRIEF: Cenkos Securities shares up as eyes break-even in profit

Wed, 08th Feb 2023 11:24

Cenkos Securities PLC - London-based stockbroker - Expects 2022 revenue to be GBP20 million and to break even in underlying profit. Says this has been advised against a backdrop of "significantly depressed market conditions for 2022, with the overall level of money raised on AIM at its lowest since 2003 and new money at its lowest level since launch in 1995". For 2021, revenue was GBP37.2 million, and underlying profit was GBP5.9 million.

Looking ahead, Cenkos says it is focused on operational stability and resilience. Makes a solid start to the year with revenue for January ahead of the average run rate for the second half of 2022, adding that markets have also made a more encouraging start to 2023.

Current stock price: 52.35 pence each, up 6.8% on Wednesday morning in London

12-month change: down 28%

By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
30 Apr 2015 08:53

Flowgroup To Issue Shares To Back Boiler Development Plans (ALLISS)

Read more
28 Apr 2015 16:30

DIRECTOR DEALINGS: Cenkos Securities Non-Executive Buys Shares

Read more
1 Apr 2015 13:58

DIRECTOR DEALINGS: Cenkos Securities Chairman Buys Shares

Read more
1 Apr 2015 06:00

RPT-Smaller equity markets players make presence felt in land of the giants

(Repeats Tuesday story, no changes to text) * Cenkos catapulted into the top 10 in first quarter * Helped clients to raise $1.84 bln from six deals * Shore Capital's equity capital markets profit up 60 pct * Boutique operators finding their niche By Freya Berry Read more

31 Mar 2015 17:27

Smaller equity markets players make presence felt in land of the giants

* Cenkos catapulted into the top 10 in first quarter * Helped clients to raise $1.84 bln from six deals * Shore Capital's equity capital markets profit up 60 pct * Boutique operators finding their niche By Freya Berry LONDON, March 30 (Reuters) - In the land of the i

Read more
30 Mar 2015 10:20

Cenkos Profit Surges As Revenue Buoyed By Increased Corporate Activity

Read more
16 Mar 2015 08:22

UK MORNING BRIEFING: London Starts Week Of Key Market Events Firmly

Read more
16 Mar 2015 08:16

Haversham confirms speculation about a "substantial acquisition"

Haversham Holdings, the AIM investment vehicle formed by Avril Palmer-Baunack, confirmed speculation on Monday that it is looking at making a "substantial acquisition". According to reports, Haversham is looking to spend £1.2bn on buying Europe's largest used-car dealership, British Car Auctions (BC

Read more
16 Mar 2015 08:08

Haversham Holdings Confirms "Very Advanced" Talks On Reverse Takeover

Read more
29 Sep 2014 07:37

Bango To Raise Up To GBP6.0 Million In Placing, Open Offer (ALLISS)

Read more
21 Sep 2014 18:48

Sunday newspaper round-up: Lloyds, Marks&Spencer, Oil explorers

Lloyds Banking Group is considering moving its legal home to England from Scotland even after the Scots voted against leaving the UK, the Mail on Sunday reported. Lloyds had said it would move if Scotland voted to leave the union but has only said it would keep "a significant presence" in Scotland a

Read more
17 Sep 2014 11:49

UK MIDDAY BRIEFING: Scottish Vote Remains Too Close To Call

Read more
17 Sep 2014 11:01

UK WINNERS & LOSERS: Update Boosts Chip Makers But Smiths Group Falls

Read more
17 Sep 2014 09:13

UK economic recovery boost Cenkos' first-half results

Specialist institutional securities group Cenkos Securities cited a growing list of clients and increased fundraising as the main factors behind a significant increase in revenue in the first half. Group revenue for the six months of 2014 was £65.2m, a 226% increase year-on-year, while profit before

Read more
17 Sep 2014 08:05

Cenkos Shares Rise As It Evaluates Share Buy-Backs After Profit Jump

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.