Share Name Share Symbol Market Type Share ISIN Share Description
Brady Plc LSE:BRY London Ordinary Share GB00B0188P35 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.50 14.29% 12.00 11.50 12.50 13.00 11.75 13.00 730,137 15:51:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 23.2 -1.1 -2.5 - 10

Brady Share Discussion Threads

Showing 1876 to 1898 of 1975 messages
Chat Pages: 79  78  77  76  75  74  73  72  71  70  69  68  Older
DateSubjectAuthorDiscuss
15/10/2019
14:45
forget that was looking at an old shareholders list hTtps://www.bradyplc.com/investor-relations/aim-information/
hope67
15/10/2019
14:41
Only about 25,000 more shares than the last disclosure. Doubt they will make an offer though.
phoenix equity
15/10/2019
08:42
hTtps://www.palico.com/funds/hanover-active-equity-fund-ii/4b0aaf1503394a3abdb14b93b8f0e5c0
hope67
15/10/2019
08:23
They could easily raise 1.5 mill on 19 mill revenue and future revenues increasing. Can't see the big share holders accepting 10p it would of risen to 10p on funding news alone.
hope67
15/10/2019
08:22
If they get it for 10p it would be the deal of the century. That's exactly why there will be multiple counter offers.
lb28
15/10/2019
08:19
Game of Poker
hope67
15/10/2019
08:19
o The Boards of Hanover Bidco and Brady are pleased to announce that they have reached agreement on the terms of a recommended cash offer to be made by Hanover Bidco for the entire issued and to be issued share capital of Brady. Hanover Bidco is an investment vehicle ultimately wholly owned by Hanover Active Equity Fund II, S.C.A. SICAV-RAIF. o Under the terms of the Offer, each Brady Shareholder will be entitled to receive 10 pence in cash per Brady Share. o Hanover Bidco's Offer is final and the Consideration will not be increased except that Hanover Bidco reserves the right to increase the amount of the Offer if there is an announcement on or after the date hereof of an offer or a possible offer for Brady by a third party offeror or potential offeror. o The Offer values the issued share capital of Brady at approximately £8.3 million. o The Offer represents a premium of 50.8 per cent. over the closing middle market price of 6.63 pence per Brady Share on 11 October 2019, being the Business Day immediately prior to the date of this announcement, and 31.1 per cent. over the closing middle market price of 7.63 pence per Brady Share on 3 October 2019, being the Business Day on which Hanover Bidco made the approach to the Brady Directors regarding the Offer. o The Offer is conditional upon, amongst other things, Hanover Bidco receiving valid acceptances (which have not been withdrawn) in respect of and / or having otherwise acquired or agreed to acquire Brady Shares which constitute more than 50 per cent. of the voting rights attached to the Brady Shares. o The Offer is subject to the other Conditions and certain further terms set out in Appendix I to this announcement, including that no member of the wider Brady Group becomes insolvent or undergoes any analogous procedure in any jurisdiction and to the further terms and conditions contained in the Offer Document, when issued. Immediately upon the Offer becoming unconditional as to acceptances, subject to Hanover Bidco not having invoked or sought to invoke any Condition prior to that time, Hanover Bidco shall declare the Offer wholly unconditional. o In Brady's announcement of 26 September 2019, Brady confirmed that it was advancing funding initiatives to provide Brady with access to approximately GBP1.5 million to meet the working capital requirements of the Brady Group, prior to 30 November 2019 to support existing operations. The Company continues to review the position and, whilst the requirement for GBP 1.5 million prior to 30 November 2019 remains the case, Brady has a specific cash payment due on 15 November 2019. The Company is in discussions and would expect to be able to manage this situation until 30 November 2019. However, there can be no guarantee that this will be the case. The Company confirms that, whilst negotiations in respect of funding options have been advanced and are on-going, the Company has not, at this time, secured unconditional funding. o Subject to the Offer becoming or being declared wholly unconditional in all respects, Hanover Bidco will work with the Company's management to agree a plan for modernising Brady's products and to seek to ensure that the products and services provided Brady's customers are best in class. Hanover Bidco is prepared to commit significant funding for the purposes of this plan.
hope67
15/10/2019
08:16
hxxps://invst.ly/kffyd they are crazy indeed this was 56p in August instis crashed the price.
hope67
15/10/2019
08:01
Can get a quote for 350,000 shares at 9.29p so mms are not short of stock.
phoenix equity
15/10/2019
07:52
People are crazy.
lb28
15/10/2019
07:48
Why would anyone sell this right now. Worst case you get 10p for your share
futuredlighter
15/10/2019
07:47
This is probably the craziest thing I have ever seen. You can buy for nearly 10% less than a complete sh*te opening offer.
lb28
15/10/2019
07:43
And there will be a bigger offer. If this goes for 10p i'll be absolutely amazed.
lb28
15/10/2019
07:35
Why would you sell for 9.3P? I have been buying more! Either make a few percent or there's a bigger offer!
lb28
15/10/2019
07:34
Good trade PhoenixThey maybe more legs left in this yet.
glenbo1
15/10/2019
07:25
Sold all at 9.3p
phoenix equity
15/10/2019
07:20
LMFAO off. All stuck here at 10p
shirley83
15/10/2019
07:19
Intriguing LB28 - Established software companies are less likely to have cashflow problems due to the nature of their scalable business, high recurrent margins, (once development costs have been met). Capex is hardly an issue. So I wonder what the real issues are ? I will try and research at leisure for learning purposes. Good luck all :)
multibagger
15/10/2019
07:09
As far as we know the only real issue is cash flow problems, something which would not be an issue for the buyer. Realistically a 20-30p counter offer could be on the cards.
lb28
15/10/2019
06:47
That's what it looks like.So the question is how much cash, over what period, and what is the likely return. They obviously see value.
stoneme
15/10/2019
06:43
Haven't been following the BRY story closely. 15 Nov 2019 - crunch day. Does it sound like Hanover bid is a plan to take it private /de-list. Then re-build and try and re-list/sell on ?
multibagger
14/10/2019
23:02
I need to do a little more reading about the potential for a ROI for any possible bidders at more than 10p.For sure they need cash. Lots of it in truth. So, let's say they have 20m invested in them, what's the potential 2/3 yield from that investment. Personally, with the economy where it is, I can see why the BOD have recommended. They are bust in 2 months without new cash.
stoneme
14/10/2019
22:41
In other words we have put in a low ball bid to try our luck.
hope67
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