Brady Share Discussion Threads

[pwhite73] 01/12/2015 10:57

I think the fall is overdone and primarily due to shorts. The company is debt free and has the cash to wait out this low point.

[little beaker] 01/12/2015 10:25

My opinion is that there is deep value in the company, that they offer highly differentiated software in a market which is undergoing rapid declines in investment, but which will turn around when turmoil in commodity prices stops.

I believe there is long term value, but near term further challenges to the business. Might be ok as a long term buy and hold, but I don't have a position.

[puffintickler] 01/12/2015 10:19

At first sight a 50% fall in share price after a profit warning looks overdone and a buying opportunity.

However, the various ratios PER, PA, PS were all high reflecting the high forward earnings expectations of the company.

These expectations have been wiped out, plus there will be restructuring costs (needed to protect future profitability) and the possibly of bad debts, cancelled orders and further write-downs.

So the price fall is more of a reality check than an overreaction. It may have further to fall and does not seem to have much rebound potential either.

I had held these shares from 2007 before selling out at 81p in March 2014. I had been kicking myself as the price carried on rising another 30%, but not now.

If I were still in I would probably hold but I am certainly not buying.

[puffintickler] 01/12/2015 09:34

Pretty rubbish risk management for a company selling risk management systems.

What were they doing buying shares back at 80p earlier this year?

[tell it as it is] 01/12/2015 08:51

Robert Brady must be furious with the so called professional management. What was the IPO price in 2004 ? 65p I think.Looks cheap here at under 40p unless the acquisitions they have made are all dogs.

[aishah] 01/12/2015 08:51

A 50% haircut on that update? Have added this morning.

[pwhite73] 01/12/2015 08:47

With £4m in the bank and no debt. This is a good recovery play.

[rivaldo] 01/12/2015 08:34

Indeed Steg. I had sold some to take profits, but held the rest given the high recurring revenues, management optimism, expansion into non-cyclical areas. Can't win 'em all - sold the rest on the bell today at (it turns out!) a very good price in relative terms.

Once the commodities market turns BRY will be a very good buy at the right price - if it's not bid for before then as one of the sector leaders.

The price may drift down for a while now unless long-term investors pile in.

[stegrego] 30/11/2015 21:33

This was a nailed on profit warning if ever there was one. No way they could dodge the commodities rout forever.

[hvs1] 30/11/2015 20:32

tomorrow is tank day

big tanking

chart's been giving a big clue here for some time

oafs always know better

[opodio] 30/11/2015 20:25

I said on post 1275 profit warning was coming


Now I tell ye, 30p coming

[hvs1] 30/11/2015 19:50

everything i say is constructive, lol

youse just dont like hearing the truth

the bag of spanners spannereth down, lol

need some more cut and paste quality research from rivolting-do lol

laters x

[b1ggles] 30/11/2015 17:52

It's always a sign of bad news when they post a trading update after the market has closed.

[hvs1] 03/11/2015 19:52

give it a rest rivolting-do

stop trying to ramp this bag of spanners to death for gawd sake

[rivaldo] 30/10/2015 15:23

RNS - BRY are buying back, and most importantly cancelling, 150,000 shares at 80p. That's 310,000 cancelled now.

A good strategy in utilising the cash pile, as long as it's enhancing earnings, which presumably the management are convinced about. It also saves on dividend costs as well of course.

[hvs1] 29/10/2015 08:58

how's this bag of spanners doing?

oh dear, still not very well, lol

needs even more cut and paste posts from rivolting-do

work harder old son, lol

[phosgene] 24/10/2015 11:33

They bought some shares back to cancel them. They will almost certainly print even more for Option exercises in the next two months.

[richjp] 16/10/2015 13:18

I had a nice little run in this one some time ago and managed to get out at the right time, which is not something I always manage.

I have been keeping an eye on it and with Kestrel buying at these levels I have taken a small position again. Being a bit cautious these days I will add more if the price increases.

[rivaldo] 14/10/2015 11:30

Good news - Kestrel are buying and have now gone above 14% with 11.76m shares:



Kestrel's record is extremely good. And they tend to keep buying more once they're in.

[igoe104] 07/10/2015 16:19

London, 7 October 2015

Brady plc, a leading global provider of trading, risk management and settlement solutions to the energy, commodities and recycling sectors, announced today that working in collaboration with Noble Agri, the integrated global commodities company, it has developed and implemented the first comprehensive commodity trading and risk management solution specifically created for the U.S. Cotton industry. The new platform, deployed at Noble’s Houston, TX offices, went live today.

The new Brady solution for Cotton is the first system in the market that handles physical and future contract administration, risk management, physical trading, profit and loss analytics, inventory management, trade finance, and document management, combined with many U.S. cotton-specific functionalities to manage trading and logistics activities down to the bale level. The system is completely integrated with many of the U.S. cotton industry’s most common interfaces including EWR, AMS, PCCA, ICE, USDA, COPS, Integra, QRNet, eCotton and The Seam.

Gavin Lavelle, CEO of Brady plc commented: "The result of this collaboration clearly demonstrates our ability to provide end-to-end solutions in the soft commodities trading space, in this case specifically for the US Cotton industry. Our partnership with Noble Agri gives us every confidence that we have developed a solution that will increase the efficiency of companies involved in cotton trading and help them maximise their margins during these volatile markets. We are now in the unique position of being able to offer a fully global trading solution to the cotton market, which is live at Noble Agri.”

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