whatsupnow
06 Oct 2017
From Edison Research Well worth a readIn our previous note we derived a valuation based on a simple ROE/COE model using an assumed sustainable ROE of 24% (in line with our current FY17 estimates) and a growth rate of 5%. On the same assumptions, applied to the slightly higher H117 NAV, the implied value is 194p (previously 189p). Alternatively, the current share price would imply an ROE of c 17%, which seems cautious given the average over the last five years has been 36%.[link]
sansione
26 Sep 2017
Re: Good Results It seems highly unlikely, having paid 4.5p at the interim stage, that the final, or second interim, will be less than last year`s 5p. 9.5p total would be a yield of 8.2% at a share price of 116p so there could be room for a further increase in the share price into the 120s or higher. A 7% yield would give a share price of 135p.Whatever happens, the period of share price doldrums should be over.
Broncomaniac
26 Sep 2017
Good Results Nice to see a positive market reaction to some CNKS results! And a nice dividend to boot.No idea if they will be able to replicate this for the full year (I suspect not, as they mentioned H1 had been boosted by Eddie Stobart IPO), but it goes to show this company is far from dead and I will continue to hold.
sansione
21 Aug 2017
Re: Results Last year was 21 September. Do you have a link for the IC review?
Ramptastic
21 Aug 2017
Results Out soon? Just topped up after Simon's review in the IC.Jim
Damp Seaweed
31 Mar 2017
Re: results The results RNS has just been released.It makes pretty grim reading.
sansione
29 Mar 2017
Re: results Still no sign of results. Annual Report was published on 24 March last year.
sansione
20 Mar 2017
results Are we not due results this week?
Krayl
10 Feb 2017
Re: Annoying This has now met my criterion of a sustained upturn, but I am still not convinced!Thanks for your comments GuitarSolo, but do we have good enough reason to buy?
Guitarsolo
16 Jan 2017
Re: Share price I believe it might have something to do with growing belief that London will get the Logicor IPO - the biggest since Glencore - breathing some life back into London being a place for the future to raise money, which is Cenkos' oxygen obviously. Beginning to wish I had averaged down! But never mind, I would be happy just to see this one get back on its feet. [link] Guitarsolo - gently weeping at being very under water here
Broncomaniac
16 Jan 2017
Re: Share price Yes someone certainly seems to have some information!
Damp Seaweed
16 Jan 2017
Re: Share price The price seems to have picked up since the beginning of the year.No idea what is causing it. Maybe IPO activity is increasing ?I think we are due a trading update around 2nd week in Feb. So that may give us an insight.
Guitarsolo
04 Jan 2017
Re: Share price KM1, I'm in exactly the same boat. This is by far my worst dog of a share. I can appreciate the uncertainty that Brexit has brought to this company - we have no idea whether London will maintain its dominance (within Europe at least) for raising money. If it does, CNKS should recover. If it doesn't, this company will be in big trouble. I don't feel I can do anything until the company comes out with some sort of outlook statement which I think is overdue. Guitarsolo
schwee
18 Dec 2016
Re: Annoying Can somebody pl explain why, when revenues have collapsed, are debtors up by £8m in the half year?
JudahBenHur
11 Nov 2016
Re: Annoying Krayl - thanks for the reply, I've decided not to buy in here, although it is still on my watchlist.
