Brady Share Discussion Threads

[hartlepoolfc2] 16/1/2007 23:11

Bought £2.5K worth today, after having a look at these figures this looks great. After the forthcoming forecast results seeing this price double would still leave them on a conservative valuation with the big cash pile in my view.

If I see 80p+ within the next 3-6 months I wouldn't be surprised.

[davidosh] 15/1/2007 22:43

Here is a link to the excellent company review over on TMF

[hartlepoolfc2] 15/1/2007 21:29

Thankyou Quaker,

I have reservations about investing in this now even before I have read the report ;-)

Cheers

[hartlepoolfc2] 15/1/2007 20:49

Has anyone got any 2007 forecasts for this share and price targets for this year too. Looks good. Thanks HFC

[magnerita] 15/1/2007 13:34

given that large(r) trades are starting to come through, it starts to look like Brady is slowly gaining back institutional interest. This in combination with further order wins is needed to get the shares to 100p...

[cyberian] 15/1/2007 06:57

Agree on further upside...all the negatives/doubts are now removed and would not be surprised to see escallation in sales with the Sempra settlement. Appointment of Peter Harverson is equally significant as it is clear that management want to drive sales momentum etc. at a faster pace and latter has tremendous credentials. share price should hold but markets are funny...however, in time one could see the shares a great deal higher and there is always the chance of a bidder. Cash-flow will be very positive and I like the fact that even with things being held in check by Sempra that '06 sees the company in profit. So with company stating that they are ahead of market expectations further contracts will reinforce confidence.

[magnerita] 12/1/2007 08:54

...and despite the good news in yesterday's release - no FT mention today...

[magnerita] 12/1/2007 08:48

no agreed, but the shares were already above 40p after the November contract. So yesterday's news did not yet do much incremental...

EV/EBITDA for 2007 of 2x on 44.5p. Still massive upside...

[cocl2] 11/1/2007 10:33

Individual piece of good news have not helped the share price previously and perhaps there was no regulatory requirement to do it individually. Perhaps a lot of good news all at once will have a sustained effect on the share price.

[magnerita] 11/1/2007 10:09

still surprised to see them publish all the good news at one moment rather than putting out a RNS after every contract win or after the settlement.

[wjccghcc] 11/1/2007 08:41

Liked the contract with Mitsubishi and the conservative accounting recognition means less likely for earnings surprises going forward. Bought some first thing as well.

[cocl2] 11/1/2007 08:36

Reportedly there was no exposure to downside: already accounted for / insurance in place but that could have just been FUD. However, just getting rid of thinking of "Brady.......(Sempra)" and making it "Brady." must be worth a few pints at lunch.

[muttleyrules] 11/1/2007 08:24

Sometimes all your Christmas' come at once ... this is a stunning trading update ... resolution of Sempra alone is £3-4m of potential downside gone ... the 2007 numbers were already underpinned before the new three contracts if i'm not mistaken and cash is better than expected ... should be well over 50p on this ... just think if they add another 6 contracts by year end ... also note that contracts are with blue chips players ...

[cwa1] 11/1/2007 08:08

Does sound interesting guys. Grabbed a few at the open(not showing yet) but stock was very hard to come by:-(

Good luck to you all with it.

[sheik yerbouti] 11/1/2007 08:06

PE ratio is 8.5 for this year, or about 4 if you strip out the cash.

[magnerita] 11/1/2007 08:02

this is incredible news - 3 new contracts and the litigation issue resolved. Also cash looks higher than expected.

[sheik yerbouti] 11/1/2007 07:09

Very nice update, confirms just how cheap these are, with £4.9m cash.



"Revenues in 2006 are at least 10% higher than current market forecasts and
profit before tax will at least meet market expectations.

Furthermore we are delighted to announce three new contract wins for Trinity
version 600 in addition to the six wins previously announced in 2006. These
contracts underpin current market expectations for 2007. Further, the Company
has fully and finally settled its contractual dispute with Sempra Metals Ltd on
agreed terms, without any admission of liability by either party."

[muttleyrules] 08/1/2007 10:59

Trading statement should confirm that everything is on track to meet 2007 expectations ... over 4p of eps with any contract wins incremental to this ... if they make 6p (no great leap of faith) then it's on 6x PE ... and the cash pile will keep on growing

[magnerita] 05/1/2007 16:51

good to see it bounce. There should be a FY trading statement coming up. Last year it was published on Jan 12....

[Abuse team] 05/1/2007 16:44

Post removed by ADVFN

[sheik yerbouti] 05/1/2007 16:43

Bouncing on a 25k buy. Wonder if we will get a trading statement this month.

[cocl2] 18/12/2006 23:00

It takes longer to read the small print on larger contracts. :-p
Also, who says that the fourth quarter is key? From what the Chairman said in November: "expected to make a material contribution to underpinning the company's revenue targets for 2007." it sounds like they are working on -1st quarter of 2007 rather than scrabbling to shore up 2006 in the dying seconds.

[muttleyrules] 14/12/2006 14:20

Patience, patience ... big contracts take longer to sign ...

[magnerita] 13/12/2006 16:17

Why havent we heard from this company in the key Q4? I thought they put out a press release everytime they got a contract.

Has been too quiet since Nov 2....