Braemar Share Discussion Threads

[gucci] 02/3/2016 13:06

27500 shares director buy

[gucci] 25/1/2016 15:07

Thanks for that speedsgh
Great divi too at these levels

[speedsgh] 25/1/2016 12:39

from Sunday Telegraph...

Buy Braemar as shares look cheap given profit recovery -

[phillis] 25/1/2016 08:39

Good old Questor!

[webclick99] 19/1/2016 18:46

In todays Telegraph, article on the Baltic Dry Index

Whilst shipping generally is having a bad time due to the state of the commodities market.....

"The glut of oil on world markets has led to one of the busiest tanker markets for years. The prospect of Iran entering the fray with 41 additional tankers could bring further lucrative commissions after the US lifted its 40-year oil embargo this month."

[speedsgh] 18/1/2016 13:27

Short research note by Edison following last week's trading update...

Delivering objectives -

[this_is_me] 14/1/2016 14:20

I bought back in this morning. It is a solid company well used to the cyclicality of the business and the share price is a bit on the low side.

[royaloak] 14/1/2016 09:45

Hi CWA1

Not without risks with downturn in markets, but still looks value, I have a small holding which I plan to hold, however would think again if it goes below 390. Fingers crossed.

[cwa1] 14/1/2016 08:31

Pretty solid TU IMO:-



Braemar has made encouraging progress during the period under review and much has been achieved across each division. The success of the Group's diversification strategy has ensured that positive momentum continues through the Company which is on track to meet its objectives for the year.

Our Shipbroking division continues to perform well in a fast changing and volatile environment. We have seen strong activity in the tanker markets driven by the increase in oil production. Our sale and purchase business has been pleasing though, as expected, the Dry Cargo and Offshore markets remain challenging. We continue to ensure that we have appropriate cost structures across the desks for the current phase of the market cycles.

Our Technical division is performing in line with expectations. In particular, our LNG engineering business has continued to grow, offsetting the effect of the lower exploration activity on our offshore energy related businesses.

Our Logistics division is focused on delivery of long term business development, with particular opportunities in infrastructure projects and geographic expansion. While this is unlikely to have a significant impact in the current year, we are optimistic for the division's prospects over the longer term.

The Board remains confident that Braemar is on track to meet market expectations for the full year.

[phillis] 09/12/2015 10:58

Last results were encouraging
Dividend maintenance looks assured

[dogray123] 27/11/2015 10:51

speedsgh
Thanks (I think)

[speedsgh] 27/11/2015 10:34

dogray - It's covered in this blog...

LSE Closing Auction: How It Works -

[dogray123] 27/11/2015 07:58

does anyone what SECOND PRICE MONITORING EXTENSION means please

[gucci] 30/10/2015 14:19

heading to 520p

good buys too today

[soundbuy] 28/10/2015 11:48

Equity Development ‏@equity_research 29 mins29 minutes ago

$BMS @BraemarShipping 1st meeting with impressive management team. Acquisition of ACM well timed & successful. 5.8% Yield attractive

[gucci] 28/10/2015 09:39

Nice too
Dive maintained and rise in profits
Onwards and upwards

[cwa1] 28/10/2015 07:22

Interims released:-

[gucci] 12/10/2015 15:21

28th October 2015: Interim results announced

[speedsgh] 28/8/2015 13:44

Latest Edison note. Preview of Interim Results (due end Oct)...

In line with expectations -

[anony mous] 08/7/2015 20:21

The ramper cr has long sold here after suckering in the sheep. Lol.

[cwa1] 02/7/2015 08:04

So, xd 17p this morning, before anyone panics!

[petewy] 24/6/2015 13:25

I too long term holder for divs but recent shake-up means price going up. IMO DYOR.
Update
Trading for the three months ended 31 May 2015 in the Shipbroking division was in line with our expectations and we continue to reap the benefits of greater scale and a more cost efficient structure.
The tanker markets, which are the largest part of our Shipbroking business, have continued to experience high rates and activity supported by increased worldwide oil production and refining activity.
We have also been involved in concluding some good tanker and LNG secondhand sale and purchase business.

[anony mous] 24/6/2015 10:59

onehandYou bought well before the recent ramping when suckers bought in.I always say dyor.

[onehandeconomist] 24/6/2015 09:06

Well, may be it is "ramp and dump" but the volume charts don't suggest it. It's true this is a fairly thinly traded stock and so it has a wider bid offer spread and the price swings quite sharply to the balance of flow. So nothing out of the ordinary really but perhaps not one for the day traders. I've held it for a long time and been happy to take the chunky yield. After all, compound yield normally beats capital growth hands down. Management know what they're about and respect the need to pay proper dividends out of cash profit. Right now that's a little stretched as they digest the acquisition and its on my watch list (but not worry list) just to make sure they stay true to the reason I hold them.