Brady Share Discussion Threads

[muttleyrules] 16/11/2007 08:07

Hard to see where this stock came from ... unlikley to come form existing management and not really enough institutional players with sufficient holdings ... sure all will be revealed

[cyberian] 15/11/2007 22:05

The bid/offered share price remained unchanged but then the trade was only conducted at the last moment before the market end...as you say, where will it open tomorrow...could be the clue.

[cocl2] 15/11/2007 21:27

They (whoever "they" might be) are keeping us on our toes. I will be interested to see the Bid/Offer tomorrow and whether there is an announcement overnight.

I didn't think the Chairman's placement appeared as an ordinary trade so this would be something different.

[cyberian] 15/11/2007 17:02

Odd large trade within a second of close today at 44p....think it represents 2.5% of the company. Maybe it is the new CEO trying to match the commitment of the Chairman who bought 1 million at 60p back in July...if so, a positive sign. But perhaps they are in a close period as within 60 days of full year results...not sure if a placement of new shares with him would be OK?

[muttleyrules] 05/11/2007 07:26

Chance for the FD to buy stock - Tony Radcliffe buys 50,000 shares at 39.5p

[muttleyrules] 01/11/2007 09:11

Otherwise deadly quiet ... would hope that Lavelle is now out on the road marketing v600 to existing customers and new customers. Perhaps a little early to expect some sales but Q108 will need to deliver some ...

[muttleyrules] 01/11/2007 09:09

Bit of volume in the stock over the last week versus virtually nothing in the preceding 2 ... would be a chance for the CEO to pick up some more stock perhaps?

[muttleyrules] 11/10/2007 11:53

I agree that the transition phase from old to new management has been handled appallingly but bear in mind that the company signed up 7 Trinity contracts in 2006 with no formal sales infrastructure ... the upside potential is still massive. Lavelle is a sales led appointment ...we can expect much better sales momentum in 2008 with minimal effort. If we don't then BRY will be bid for by an outfit with much better selling capability.

[muttleyrules] 11/10/2007 11:47

All valid points Cyberian but I'd add a couple of things ... 1) Lavelle and the FD would risk severely *issing off the chairman and Dr B if they were deliberately talking down the share price to get some attractive options 2) Lavelle's 10,000 purchase should not be dismissed as irrelevant - as much as anything it's a function of liquidity - the only way of buying a decent underlying holding is to issue stock which given the cash pile is unnecessary.

[cyberian] 09/10/2007 15:31

I was not pleased with the format/content of the results etc. provided on 10/9 which caused the shares to fall significantly. The link between additional costs related to management changes/restructuring in 2H, and then to say effectively that they will manage costs tightly is pretty disingeneous. The new CEO appears to suggest that revenues/sales will be driven/matched against extra cost ie recruitment of more sales personnel. The two should go together and the company Lavelle inherited has oudles of cash. So, he (in my opinion)talked the share price down when this could/should have been avoided...we/he had a great platform to build from and he should have protected the downside and doubts (warning) over costs when they are manageable! Instead he and new FD (April) gave themselves options at 41.5p the day after the 10/9 partial warning...what great motivation...they should have been priced at 60p where the new Chairman put-in 1 million shares at 60p on 2/7. I had added at 57p and 53p and now CEO buys a nominal 10,000 at 39p....can quite see why as he would be really attacked if he bought many more at 39p aginst the Chairman's 60p a couple of months earlier. In conclusion we are are almost certainly better off with these new guys but I hate the way their declarations/rewards have been triggered. I shall be looking for some real proof of their skills over the next few months.......and they had better be good.

[joshalexander] 09/10/2007 06:59

I think it is significant IMO.
Its significant that its so small a purchase.
Does not inspire confidence IMO.

Any new contract wins yet???.

[puffin tickler] 09/10/2007 05:28

Agree, the purchase has no significance.

[hubshank] 08/10/2007 21:32

Brady CEO Gavin Lavelle buys 10,000 shares in co at 39p/shr




LONDON (Thomson Financial) - Brady PLC said its chief executive Gavin
Lavelle bought 10,000 shares in the company at 39 pence each and thus holds 0.04
pct of the capital.



not overly inspiring - I invested considerably more at a much higher price. Let us hope he knows something and is boosting his portfolio rather than humouring the market and the PI with token purchases.

[cocl2] 10/9/2007 23:34

If it was people with an interest in the company like members of the board etc. I would have expected them to announce it and make a play of "We have confidence. We are buying at this artificial low and expect it to rise to previous levels and beyond"
I suspect it is someone with 21.5k to spend, who has 6 to 12 months to invest, who saw a massive dip in the share price and has a belief in a return to the previous gentle rise of the share price.

Hell, the only reason I am still in this share is that I am greedy and wanted the price to hit 75p before leaving. Now I am still here because I am too stubborn to get out whilst I still have any profit and I am hoping for a return to 50p/55p/60p upwards.

[felix99] 10/9/2007 21:40

Wouldn;t have minded some of those sells at 33p. MM's made a nice turn flogging em for 43p by the looks. I'll wager that 50k is Chairman or directors buying

[joshalexander] 10/9/2007 09:08

Oh dear.

Well the lack of any recent contract wins here was a concern, as I have posted previously. Brady now have a lot to prove IMO.

[muttleyrules] 10/9/2007 08:50

agreed but even if you're worth £50m you don't *iss 600k away ... checked out his career history a while ago and unless he's inherited a truck load of money i don't think it would be an insignificant amount for him ... don't forget that he is deputy chairman of Fincancial Objects and could well see BRY as an interesting acquisition at some point in time ...

[felix99] 10/9/2007 08:42

the contract referrals may be a surprise Muttley. Secondly you need to know what Chariman is worth to judge the £600k. If hes worth £20m then £600k could be a punt like you might punt a grand .

They will be a buy again - but in tihs market I am still deciding at what price that is

[muttleyrules] 10/9/2007 08:39

cash pile worth 22p

[muttleyrules] 10/9/2007 08:26

clearly a disappinting update ... but remember that the chairman bought £600k worth at 60p and he bought knowing all this information (none of it will be a surprise to him)... market opportunity still significant but will be marked down sharply today ... if they can convert the trinity contracts at the end of the year then I think the shares will recover somewhat but new management need to start making a decent impact soon.

[felix99] 10/9/2007 08:26

Fat finger rofl - funniset thing I heard in years lol . Its not Sets MM rofl

Perhaps half year ePS of .38p was it on increased sales - no doubt caused by expanding sales force to get more deals. It has succeeded in pushing sales back not forward lol

[qs9] 10/9/2007 08:18

Delays in back end of 07, effectively a profit warning? If so, these may trend much lower? Views? Net cash helps, but underlying business needs valuing and now difficult to do so. Also in the current environment it may get unduly hammered by the market.

[muttleyrules] 31/8/2007 16:11

agreed ... shares are coming off so perhaps a fat finger ...

[unionhall] 31/8/2007 16:04

Hope not - certainly don't need the cash.

[muttleyrules] 31/8/2007 16:02

would be rude to undercut the chairman by too much ... will be surprised if he can get stock much stock in the market ... the chairman was issued a line of stock ... perhaps the same stroy here?