Brady Share Discussion Threads

[cyberian] 13/6/2006 09:00

Believe that the Sempra case will be resolved...the two parties have worked well together in the past, and OK there was a break-down, but time is a healer of emotions etc. Understand that the former can be over-demanding but knowing the style and personal character of Brady, believe that they will have acted reasonably and on reflection Sempra will find a way to reach a basis for moving forward. Agree that there are more deals in the pipe-line and sense that the MM's are aware of an improving situation.

[muttleyrules] 13/6/2006 08:38

Resolution of the Sempra case is icing on the cake ... the share price will be driven by new contracts wins and we're only beginning to see the start of those ... the recovery is nicely underway IMHO ... it is not unusual for software companies to make 'massive' margins ...

[slapdash] 08/6/2006 22:07

Recovery isn´t under way until they settle this legal thing that has been over them for 9 months... and the contracts aren´t that material relative to the companies overheads yet...

I´m out for now... as I see the share price heading downwards... could be wrong.. but it appears to have held up on little volume and I think the company still has a lot to prove... (we shall see)... still don´t like the fact it has a market cap of circa 10m and only sales of I think 2m last year and maybe 3-4m this year.... massive margins aren´t something I like to buy into most of the time...

Slap

[muttleyrules] 06/6/2006 17:21

Well I think the recovery is well underway and there is a good chance of a string of contract wins ... I reckon they will probably be beneficial for next years earnings though and 2007 could be a bumper year. Miners and commodity trading houses are awash with cash despite recent volatility so the backdrop couldn't be better for Brady. Another contract should see them through 50p. Hope summer slowdown does not come too early.

[cyberian] 06/6/2006 12:35

SP is firming-up against a troubled market at present, which may be a good omen? The AGM statement and the 1st June contract again referred to other parties paying for work, scoping, and suggested drawing-up contract details/proposals. So, who knows we could get a string of new contracts at any time and the possibility that that could trigger even more interest. If the latter happens we could easily see the share price shoot up to the mid-50p level, and even to the initial float price. Maybe I am being a shade too hopeful but confidence appears to be returning. Any thoughts Slap?

[muttleyrules] 02/6/2006 14:26

Contract win was written up in the today's FT ... suggesting the v600 win is worth £500k ... nice work.

[slapdash] 01/6/2006 21:41

Should get another contract soon I would of thought... just need that pesky legal thing sorted as well and we should be 40p + quite easily...

Slapper

[muttleyrules] 01/6/2006 17:42

Looking a lot brighter ... confidence in the new product must be increasing ... conversion rate for new sign ups could accelerate from here.

[cyberian] 01/6/2006 14:36

Looking a little brighter...cant believe that someone paid 40p for some shares...MM's must be short of stock?

[muttleyrules] 01/6/2006 14:34

Vintage day for Brady!

[muttleyrules] 01/6/2006 07:20

The recovery continues ... excellent news and hopefully more to come ...

Brady Plc ("the Company"), the supplier of software solutions for global
commodity trading, is pleased to announce that it has signed a contract to
supply its flagship product, Trinity version 600, to a major European
commodities trading organization. The initial implementation is expected to
complete in 2006. There is a possible second phase continuing into 2007.

The award of the contract follows an extended sales and evaluation process for
the Trinity product, which provides fully integrated support for trading, risk
management, back office and physical logistics. Evaluation and scoping
continues on this product for further potential customers.

The Company has also received a letter of intent which is expected to lead to a
smaller agreement for the supply of the Opval product for freight trading.

As licence fees are typically recognized towards the end of implementation
projects or phases, income for 2006 is expected to be weighted to the second
half.

[cyberian] 19/5/2006 12:33

God knows what the 50,000 trade at 127p plus is all about when I had tried yesterday at 28p....the MM told my broker he would have offered some at 128p if I had caught him a little earlier. So someone got 17,000 even though I was only after 10,000 shares. Agree "slap" the recent spike may have been a bit of a ruse.....anyway, at least there is a bit of action and 50,000 is a reasonable slug.

[slapdash] 19/5/2006 12:10

well it seems it was a bizzare stock price spike... without much meaning...

These things happen in smaller stocks....

Slap

[cyberian] 19/5/2006 11:15

Tried to buy some yesterday on the slight at 28p but was just pipped by someone getting 17,000 at that price. Was offered some at 30p but declined...best to wait and see some positive news out of Brady before adding. Might lose out on a few pence rise, but still need to be cautious.

[cyberian] 16/5/2006 12:26

Certainly encouraging and one would now expect that something positive is happening. Guess the house brokers would have some idea but the recent buying was relatively small, and therefore not too sure where the recent share price uplift was coming from. Perhaps little loose stock around and/or the MM's taking a view from the AGM statement and lifting the price accordingly. Obviously the share price could get a bit over-excited on some good news/contracts, and with all the recent turmoil in the metals sector, improved trading software could be critical to some existing clients and those on their calling list? Promising trend but as Slap would say...lets wait for some real developments before getting too wound-up.

[bluesky4] 16/5/2006 11:45

here we go again....

[cyberian] 15/5/2006 10:00

Agree Slap....well, less so on the latter comment as believe the AGM statement was fairly clear that they have and are actively working on a number of new leads. Also despite some cautious/sensible language regarding recruitment, it appears to show that it needs to be adequately prepared for higher work load, as the integration of software is done jointly with customers. So between the lines they do seem quietly confident of a turnaround. The small share price reaction today is obviously related to general nervousness in the markets over the last few days. A number of aspects in the latter have got out of balance and hopefully within a few days the markets as a whole will be able to move forward again, albeit more selectively. Good luck to holders....

[slapdash] 14/5/2006 21:43

Well time will tell if this buying was a result of a false rumour or not....

On the plus side Brady is cash rich and should not be burning more cash so I think the MMs, or anyone else, has an interest in pumping the stock up in order to get out... that seems to be what most of the rise in dog stocks is about...

On the negative side it could all be just speculative buying from one person... and the shares could come down like a stone when the company issues one of those 'not aware of any reason for the share price rise' statements...

Slapper

[dmhzx] 13/5/2006 08:55

I wouldn't necessarily assume that good news is on the way.
It is surprising how often with small caps /aim stocks how a huge increase like this precedes very bad news
MMs lifting the price to let their chums out.
Have a look at ETQ; Sudden rise to 1.25, Shortly followed by bad news, and now at .45 having hit .25 on the way. (all in just a few weeks)
Brady might be on the verge of something good, but in the absence of any firm rumours, this could just as easily be a trap.
I remember JUST group vitually doubling only hours before the administrators were called in.
AFC increased by over 50% to 6.5p, and a week later were stolen bt the Bank of Ireland, by whihc time the share price was 3.75.

[cyberian] 12/5/2006 16:05

Just a thought...but, could they have attracted the attention of another software house who have a division that operates in roughly the same area and would like to feed-off Brady's customer names and pipe-line. Believe the CEO is critical to the company (Robert Brady), but the recovery and prospects could be a good deal/fit for a bidder. It would add to the excitement IF such a move is being considered...the Board would have to reveal if any serious approach is made. However, the outstanding legal dispute may be a problem...anyway, just a thought!

[deepal] 12/5/2006 15:35

only 5.32 p.e. think hugh potential. no problem of cash.very healthy customer and only problem is the dispute once shorted out there is no limit.

[cyberian] 12/5/2006 14:29

Something positive must be happening from this quick price movement today....just one more contract will, I believe, trigger many more. Hence the comment at the AGM that they were going to recruit...they knew that interest in the "600" software could be a winner after the mega setbacks of last year. Maybe they were a bit unlucky...my sense is that they got ahead of the market and their strategy came adrift. Whatever, the management appear to have shown some resolve and just maybe their and our good fortune has turned postive.

[magnerita] 12/5/2006 11:39

no - i think it relates to commodity price movements. Those poor traders need new software to handle increased volumes/prices and there is where Brady comes in...

[deepal] 12/5/2006 11:22

all resolution passed . think about it and that is why this much movement