Brady Share Discussion Threads

[cocl2] 10/12/2009 15:46

If this (9% drop) is the response to a contract announcement then I'd like it if they would keep quiet in the future. Obviously there is the wider market sentiment but there seems to be a trend of "announce" followed by "drop."

[cyberian] 09/12/2009 10:58

Believe this type of software contract is worth £1 million a year and that some of the bigger ones are worth 3x. With year ends approaching for a number of target companies we could see some more contracts announced over next few weeks as companies commit/use their budgets fully..if that makes sense. What I have seen in other similar situations is that software program improvements are added at the last minute if gap in under-spend. Whatever, the new LME requirements should also see some further value added here as stated by the company recently. The trading update due in January should also be quite positive and one wonders if the company's broker may advise that some share buy-back program makes sense even though the free float of shares held and liquidity is tight. This is an odd one but what is the point in having £6 million plus (?) in cash sitting there earning a pittance.

[davidosh] 09/12/2009 09:06

Do we get to see every contract announced or just the higher value ones ?

[cyberian] 12/11/2009 17:42

Not much action here on the bb but not surprising as little new news has been forthcoming from the company over pipe-line and contracts. However, I understand that this new second leg to an involment with Xstrata is significant, and any further contracts will give quite a big boost to revenues through next year. There is one very very big opportunity out of Hong Kong that would be an even bigger company maker IF they can pull it off. Trying to dig a bit more on this one, and will revert if possible. I really hope that they give us a bigger Dividend for this year, and perhaps with the 1H results as they appear to be unable to use their growing cash pile in some other investment that would have positive returns to shareholders.

[cyberian] 12/10/2009 16:39

Thanks SM.....interesting to see and keep an eye on trades executed on "PLUS" as well as AIM. Again you are correct that the recent share price increase has been against pretty low volume. However, Ensign (?) appeared to be keen on adding and one wonders if other investors/arbitrage players may try to buy from former Directors with possibility of a bid. Believe about just under 70% are held by latter and who knows they may be tempted to exit IF an offer at or slightly above is 100p is secured? Whatever, the fundamentals look good and a nice bolt-on aquisition by Brady itself may achieve a higher share price in due course.

[strollingmolby] 12/10/2009 16:20

Good find, cyberian. Here's the link:



Still seems to be rising on low volume here.

[cyberian] 12/10/2009 16:16

4,000 "mating" at LME this week..great piece on Bloomberg on today on the get-together. States that it is a $10 trillion annual trading market and that 2,000 will be at a dinner at the Grosvenor House Park lane tomorrow night. Future looks quite bright for Brady with some new LME requirements coming into play soon.

[strollingmolby] 09/10/2009 12:56

Only 2 trades today that I can see, both on PLUS:

09/10/2009 10:30:38 71.45 1,420 O 1,014.59
09/10/2009 09:15:54 70.00 10,000 O 7,000.00



Agreed, we can't be rising on thin air - perhaps a larger trade is being worked ?

[cyberian] 09/10/2009 12:47

Huh!!!...nothing on their web site but wonder why we are marked-up 4p on no volume...guess we will find out soon enough...maybe a new contract, hopefully.

[strollingmolby] 17/9/2009 12:17

Herald Investment Trust has picked up 200k of those that Joel Koschitzky sold, and now hold 5%. Wonder where the others will surface?

[johnwall] 17/9/2009 07:25

RNSNON this morning -

Standard Bank metals trading and risk management goes live with Brady

[johnwall] 16/9/2009 22:31

Yes - I see Sidlog's selling as a distinct positive - not because they are selling but because someone is obviously buying them!!

Anyone who has tried to deal BRY in the market in any sort of size will know that it's more or less impossible. So IN THE LONG TERM i see Sidlog's selling as doing us all a favour in that they are allowing a widening of the shareholder base amongst (what i hope!) will be relatively sophisticated, supportive, long-term investors.

But perhaps i'm just naive ......

[strollingmolby] 16/9/2009 16:46

Agreed, and quite an overhang if he intends disposing of the lot - but the price keeps ticking up!

I look forward to the next Trading Statement and any new contract news.

[davidosh] 16/9/2009 16:43

Blimey Sidlog keep selling and someone keeps buying them...


Brady plc (the "Company") was notified on 15 September 2009 that Sidlog
Limited, whose shares are held through HSBC Global Custody Nominees Limited,
sold 500,000 ordinary shares in the Company, at the price of 67 pence per
share.

Following the sale, Sidlog Limited continues to own 5,114,003 ordinary shares
representing 18.16% of the issued ordinary share capital of the Company.

[cyberian] 13/9/2009 23:11

S M.....my understanding is that Institutions still want to add stock after recent results and presentations, so some release of shares is helpful for market liquidity. Always better to release some shares with rising demand, and believe that the selling price pattern seen in recent weeks, is suggesting modest releases at about 5p incremental increases. It will be interesting to see if this pattern continues or we drift back a bit. Again any new contracts will make Brady more attractive and I continue to be interested in the LME changes later this year which makes regulatory requirements a key marketing aspect for Brady.

[strollingmolby] 11/9/2009 14:11

I see former-NED Joel Koschitzky is slipping a few more into the market (through Sidlog Limited), which is understandable given the two-year high share price.

He still holds a shade under 20% though so we shall see if he continues to dripfeed into the market, but it hasn't stopped the price rising again today.

[investinggarden] 09/9/2009 15:41

Contract wins cheer Brady

[cyberian] 08/9/2009 15:41

2H results likely to be quite strong..apparently Broker presentations over next day or so therefore just maybe a chance of some further buying interest. However, although Brady appears actively engaged in finding suitable bolt-ons, one wonders if a bigger player may snap up Brady. The attraction would be the cash component, the order pipe-line but perhaps critically taking out selling costs etc. which could be as high as £3/4 million pa. if growth continues. Again this is pure speculation as I have no firm idea of potential cost savings...depends on the size and market coverage of a sizeable acquirer which sees Brady's customer base as attractive and would enhance their own position. Interesting to see what happens over the coming months as the global markets regain forward momentum. Whatever, I like the regulatory issues inherent with Brady's business which is a big positive.

[davidosh] 07/9/2009 15:11

Strange time of the day but the interims are just out....

[cyberian] 20/8/2009 10:17

Does anyone know what "OK" means under the trade heading "type"...there have been a few trades referred to in that manner recently...thanks.

[strollingmolby] 19/8/2009 09:52

Not a lot of volume that I can see here - perhaps some delayed trades will show later? Nice rise nonetheless, and now approaching two year highs. Wonder if anything is leaking pre-results, or contract news, possibly in Asia? Too many unknown unknowns!

[magnerita] 19/8/2009 09:47

Only a 2p spread today (64-66p)- has been a while since we have seen such a narrow spread. Seems to support the view that someone wants some stock.

[cyberian] 18/8/2009 21:54

Keep hearing that some Institutions apparently want stock and quite a reasonable number....my Broker has been approahed a few times over recent weeks. However, looking for a possible re-rating to at least get us back to the IPO price of 83p, after the full results in early September.

[magnerita] 18/8/2009 16:34

Interesting activity in recent days and the wording in the July trading statement was very confident (40% revenue growth in 1H09). Looking forward to the interims in September and wondering if we are going to see further orders in coming weeks.