Brady Share Discussion Threads

[alfwilson] 12/10/2004 09:11

madigan

House broker is Oriel Securities who are forecasting eps : 2004 @5.9p & 2005 @ 7.3p. Hope this helps.

Alf

[oliverletwintit] 11/10/2004 13:19

Best get in now before all the tip sheets start tipping it, and they will for sure.

regards oliver.

[madigan] 11/10/2004 09:48

Any ideas what the p/e for 2005 is?

This one does look interesting. Who is the house broker?

Cheers

[alfwilson] 08/10/2004 16:53

Reassuring to know that I am not the only one interested. I only hope it follows another two of my picks ... ACE & MOB.

Alf

[oliverletwintit] 08/10/2004 15:44

Explains the large selling today.


Directors Dealings
Boardroom Sweep: Big sales at Brady

Published: 07:35 Fri 8 Oct 2004
By Graeme Davies, Companies Correspondent
Email to a friend |


By far the biggest boardroom deal of the day yesterday came at little-known software company Brady where two directors cashed in more than £500,000 worth of shares each.

* Brady's (BRY) chief executive Robert Brady and non-executive director Joel Koschitzky sold 630,500 shares each yesterday at 82p per share, banking £517,000 in the process.


According to the company, the two men were given permission to break the terms of their lock-in agreement at the £20 million company because of strong institutional demand. The lock in should apply for the 12 months from Brady's listing date of 22 June. Brady and Koschitzky hold 9.1 million and 6.7 million shares respectively.


News of their selling failed to dent confidence in the prospects of Brady and its shares close 2.5p higher at 82.5p last night. It has risen from a low of 73p.


Brady specialises in full integrated front-to-back office commodity trading software systems and recently sealed a deal to sell its Trinity software to Alcan. In the six months to June Brady's profits rose from £157,053 to £823,300 from a 92% hike in revenues to £1.94 million.

regards oliver.

[oliverletwintit] 08/10/2004 15:22

From Shares last week................................

Software designer Brady is showing a lot of promise. Flagship product Trinty isprovides front and back office support for specialised trading in precious metal, base metals, Oil and soft commodoties. Having floated just 13 months ago the maiden first half figures needed to please. They certainly did that , posting an impressive four-fold jump in profits on the back of a doubling of sales.

That the shares failed to react speaks volumes for the markets habit of ignoring smaller companies, but that wont last long if Brady continues to meet targets.

Verdict - the shares are too cheap for such bright prospects.

T'over 2004 1.95m, 2003 1.01m

intPTP 2004 0.82m 2003 0.15m

EPS (p)2004 2.73p 2003 0.76p

Market Cap 21 million.

regards oliver.

[pictureframe] 08/10/2004 13:47

look interesting

[oliverletwintit] 08/10/2004 13:02

Two directors sold today to satisfy institutional demand.

regards oliver.

[oliverletwintit] 08/10/2004 13:01

Time to get into this one guys, in fact what better time with this massive bull market in mining and oil.

This firm recently floated and its profits rose 4 fold over the previous year.

Heres what it does,.....................

Brady is pleased to announce that Alcan inc. has licensed Brady's integrated
front-to-back office solution, Trinity, for its Base Metals trading operation.

Alcan joins an increasing number of banks and commodity trading companies in
North America, Europe and Asia that have selected Brady's Trinity product. With
integrated support for physical delivery, Trinity supports front-to-back office
processing of spot, futures, warrants, averages, location spreads, options and
exotic options in base metals, precious metals, oil, soft commodities, and
associated FX and money market transactions.