Brady Share Discussion Threads

[cyberian] 27/2/2007 16:51

As well as the 25,000 buy at 60p they are still not showing a further 5,000 buy at 60p close to 3.15pm execution.....results last year were out around 16th March.

[muttleyrules] 27/2/2007 14:10

Cyberian ... If I had the money I'd buy the whole company - it's still so cheap!

[cyberian] 24/2/2007 11:53

The 45,000 "T" trade has been deleted...IMHO there is no way that the Directors would release stock at these levels. They did do it a couple of years back with consent when Fidelity wanted to hold a stake, and wanted in at circa 83p if my memory is correct. They have since traded out of a large chunk of these shares and therefore believe sufficient liquidity is in the market although quite tight. However, from recent results/comments/contracts etc. we are no where near recovery to where true value lies, again IMO. Remember we were at 120p before the company got de-railed as we subsequently found out with the Sempra situation. All that is now being left well behind and would not be surprised even to see Sempra come back into the picture and taking the latest 600 software...stranger things happen. Hold on to your shares is my suggestion at this stage...still sense a bid could happen sooner rather than later but would need to be at or above £1.00....good luck!

[fellowes2] 23/2/2007 20:57

Another day, another rise.
What a fantastic recovery play this is turning out to be.

[cocl2] 23/2/2007 16:42

#Stupid question Alert#
Previously one of the directors released some stock to generate some fluidity and there was a point made that this was a break from the normal rules. At what point can they drop more stock into the general pool to ease this scarcity?

I'm not suggesting that this is what is needed but I am curious as to when the rules get relaxed a little. If they are allowed to do it now, it must be a good sign because they don't want to sell when they see it going higher (insider information notwithstanding.)

[cyberian] 23/2/2007 14:08

MM's have no stock...hence you see a Broker trade 1p higher to cover the 9,000 trade at 65p today. Anyway that's my spin on it...tried to buy through on-line broker, but unable to get a direct price rather than approach the MM. Results and comment from Chairman may help share price later next month.

[muttleyrules] 23/2/2007 11:27

Sustainably above the 60p level ... nice to see at long last.

[cyberian] 16/2/2007 16:06

Interesting how someone parts with 10,000 at 55p when they thought the share price was going to fall-back after that "T" trade. The MM's briefly marked the share price down and hence got some cheap shares to fund the buys...I hate these T trades as they can give a false impression at times. Oh well, each to his own....

[muttleyrules] 16/2/2007 14:02

Looks like a straight forward buy order ... let's face it the result will be very bullish in tone. Shame the ex non exec didn't offload some stock to institutions. We need more liquidity in this stock.

[cyberian] 16/2/2007 13:35

So the 40,000 "T" trade at 58.88p was perhaps the trigger for the rise today...it will be interesting to see whether it was the new Non Exec. Director who bought. Guess we may be in the closed period with results due soon so probably another investor...whatever, still quite encouraging as a following is needed.

[cocl2] 16/2/2007 11:10

Well, irrespective of what we are thinking, the share price has gone up by 5 pence. The only question is where the price finishes today and whether there is some momentum upwards which lasts a while.

[muttleyrules] 16/2/2007 10:41

COC12 - the usual irons in the fire comment has accompanied every statement ... it was taken as read that there it still applies IMO.

Cyberian you are right but I don't think they'd even consider it before the share price was a £1 plus ...

[cyberian] 15/2/2007 21:49

Reults out mid-March...just wait for some new contracts to be announced at that time.....Just seen the rise this morning...as I have mentioned before this company is a likely candidate for an agreed take-out although not just yet. Company is very cash generative and by adding a few more contracts an interested party could make a move.

[cocl2] 15/2/2007 19:07

What is your basis for the contract speculation? The last news was a ex-director moved some shares about. The previous news was a new non-exec director was appointed, mentioned two Trinity clients and one Opval client and stated the cash position. There wasn't the usual "There are many irons in the fire" comments so I can't see the evidence for contracts being signed soon.

[muttleyrules] 15/2/2007 16:52

Reckon a few more contracts will be in the bag soon ... bring on the upgrades to forecasts

[cyberian] 09/2/2007 16:58

Agree muttleyrules...in fact bought another 10,000 at 53p. Results are usually out mid-March, and who knows they may be saving up release of a few more contracts. 2007 could be a very positive year and should stretch well into 2008, if recent trend continues.

[muttleyrules] 07/2/2007 11:59

Still amazed that this stock is not materially higher ... the last trading update was sensational and every contract win from here equals upgrades to forecasts for 2007. Without adjusting for the chunky cash pile I think it's conservatively on a PE of 8x 2007. If you adjust for cash pile its on less than 5x ... this is the cheapest stock I have seen for a long-time ... but with excellent operating momemtum. Expect more contract wins from more blue chip clients and another big leg up in the share price. It is about time the share price really caught up with the newsflow!

[hartlepoolfc2] 22/1/2007 18:42

Trading software companies going great guns-look at First Derivatives and FFastfill.

Went as high as 54.5p today, expect even higher tomorrow. Looking good

[cyberian] 18/1/2007 10:04

Slight pull-back as expected this morning but I did notice that someone sold a block of 100,000 shares at 40p on 15th Jan...this in part gave the MM's some liquidity. The critical aspect now is in achieving additional contracts as the revenue and profitability will be significant during '07, and beyond. The 600 software appears to be gaining in reputation and likely many other participants are examining the product and talking to BRY. Again the significance of the agreed settlement of the Sempra is very positive indeed.

[cyberian] 17/1/2007 21:10

So, someone paid 54p at the close...MM's still appear short of stock, and trades declared today do not reveal where they obtained any stock even though they approached my broker for some at 48p...declined!! Maybe they will drop the price to try and scare some loose holders if any around? Otherwise I guess we will see some further share price increases...oh well, worth holding as personally see more contracts involving their "600" software, and profit growth will explode if these happen.

[davidosh] 17/1/2007 18:06

Just out of interest were the updated forecasts from Oriel the house broker and does anyone have access to any broker research.....I am quite keen on adding more to my position and wondered what information is freely available albeit supposedly restricted access to us mere investors/owners of the company

[sheik yerbouti] 17/1/2007 16:36

Nice 40k buy at 51p helped us up today.

[muttleyrules] 17/1/2007 11:47

remain very relaxed with this ... share price still has some catch up with recent news ...

[cyberian] 17/1/2007 11:00

Apparently MM's bidding for stock at 48p which could be a further positive sign that Brady is set to continue its recovery. Certainly the Sempra negative has been removed and software appears to be robust and gaining increased exposure. The new non-exec. director is already on board and one expects that with his background, experience and contacts the forward momentum should remain very upbeat...

[hartlepoolfc2] 16/1/2007 23:22

Share price : 47.5p
Market Cap £12 million
Cash Pile : £5 million
Final Results: 21/03/07

Expects to beat market forecasts by 10%


Revenue Pre-tax EPS P/E PEG EPS Div Yield
31-Dec-06 4.20 0.88 2.40p 19.2 n/a n/a n/a 0.0%
31-Dec-07 5.25 1.66 4.60p 10.0 n/a n/a n/a 0.0%
31-Dec-08 5.65 1.88 5.20p 8.8 0.7 +13% n/a 0.0%