15 May 2018 – AGM statement
The company has said that after a disappointing first quarter, in which market volatility had a significant impact upon investor sentiment, fee income has improved. There has also been an improvement in the pipeline of prospective transactions and consequently Cenkos is more optimistic than it had been about the outlook for the rest of the year. The capital position has improved in the second quarter, helped by asset realisations. The shares continue to look very good value and we keep our BUY rating.