Brady Share Discussion Threads

[igoe104] 09/9/2014 10:33

Write up and video.

[puffintickler] 09/9/2014 09:30

No surprises there, I like that.

Not a holder at the moment, I expect a bit of share price weakness at some point so may buy back in if an opportunity arises.

GLA

[pcourt] 09/9/2014 08:51

I expect we will see positive recommendations from the likes of IC, Shares Rag, Paul Scott and Analysts etc - should generate plenty buying interest. .....i topped up with a few more this morning. ....p

[gargoyle2] 09/9/2014 07:50

Very positive results. With luck, buying interest this morning will see the apparent overhang taken out.

[pcourt] 09/9/2014 07:47

Don't forget this is very much a potential takeover target.....p

[igoe104] 09/9/2014 07:39

Excellent stuff, lots to look forward too.

[hastings] 09/9/2014 07:24

Agreed rivaldo, chatting with management later, so hopefully able to add a few things.

[rivaldo] 09/9/2014 07:09

Excellent results today, with 2.49p EPS in the seasonally weaker H1 alone, up 174% on last year, plus 50% recurring revenues and £6m net cash:



A number of bullish comments re H2, including this in particular, indicating news flow to look forward to:

"For the second half, the Group still has a significant revenue backlog of contracts that have been signed but the revenue not yet recognised, which, when added to the new sales in the first half, underpins the remainder of 2014 and beyond.

The Group's tendency to secure the majority of new contracts in the second half appears to be trending again in 2014, with significant new licence opportunities in advanced discussions. We look forward to signing and announcing further business in the second half of the year."

[hastings] 08/9/2014 16:15

May be of interest to other holders or those looking in.

[igoe104] 05/9/2014 16:18

Lots of recent sells especially for a company that looks so bullish ahead interims within days, its certainly a bit of a strange one.


Gavin Lavelle, CEO of Brady plc, commented: "I am delighted at the momentum in the business, successfully delivering to our clients and signing new customers around the globe, resulting in both organic growth and increased margin. As the markets continue to focus on business efficiency, visibility, compliance and performance, our sales pipeline remains strong, affording me every confidence that we will be able to maximise on these opportunities. I look forward to providing a more detailed commentary in the Interim Report

[rivaldo] 04/9/2014 15:42

Panmure's are today getting behind the stock prior to the interims:



"Brady PLC (LON:BRY) had its buy rating reiterated by analysts at Panmure Gordon. They currently have a GBX 94 ($1.56) target price on the stock."

[igoe104] 03/9/2014 10:03

Just get a impression this share has some over-hang to clear, hopefully some good news next week will alert some attention from PI.

[gargoyle2] 02/9/2014 14:50

I find it pretty odd here that the price has hardly deviated at all (by a couple of pence only) wince about the end of April. Let's hope that changes (in a good way) soon.

[rivaldo] 02/9/2014 14:43

Excellent posts Gargoyle, many thanks.

The interims will be published next Tuesday, and we know from the trading statement that they should be good:

[gargoyle2] 27/8/2014 15:00

Latest analysts report from Commodity Technology Advisory can be
accessed here, just published today: http://www.bradyplc.com/news/global/ctrm-centre-publishes-latest-analyst-report-on-brady-plc


I picked up some more here today. Interims in about 2 weeks.

[phosgene] 20/8/2014 08:53

They have never said anything other but a strong second half irrespective of their actual pipeline or chance to convert. I am not calling anyone a liar, but I would concentrate on historic facts rather than current projections.

[igoe104] 20/8/2014 08:33

The more I listen to the link below the more I fancy topping up, 57% recurring business, and good hints of a lot more deals, and a strong 2nd H2. these look really cheap considering the cash-pot.

[igoe104] 19/8/2014 08:59

Just bought load of these ready for the interims early next month, they look great value with a good-cash pile. certainly my type of company.

[rivaldo] 12/8/2014 09:33

RNS just out - Kestrel have substantially increased their holding. They now own 11%, or just over 9m shares, up from 6.35m in March:

[rivaldo] 28/7/2014 09:42

Cheers hastings.

Just got round to listening to the interview in post 1012 - definitely worth a listen as the CEO sounds extremely positive and forthright.

[hastings] 23/7/2014 11:20

Nice to see you here rivaldo.Can't emphasise enough the fact that volatility which invariably hits other sectors, very much serves BRY well. The CEO stressed that pretty strongly.

[rivaldo] 23/7/2014 10:02

Great to see all this coverage. I particularly like the comments in the Cambridge article about more acquisitions being on the agenda, presumably using the cash pile.

The recurring revenues, at over 50% of sales, are another reason why I bought in.

Good quote too re "Deal size and pricing power is improving substantially as we grow in scale and our brand and offering strengthens".

[gargoyle2] 23/7/2014 09:13

Interview with the CEO:

[highcommissioner] 23/7/2014 07:27

Extract from Edison from yesterday.



Brady has released an encouraging trading update and provides an upbeat outlook with a sales pipeline that remains strong. The company says H1 trading has been in line with management's expectations with profit margins bouncing back. As we noted in March, £2.2m of costs were cut across the business in H213, although the group has had to invest more in the Commodities unit to deliver new business wins. Today's statement is an extension of the trend revealed in the April AGM trading statement, with the Energy unit rebuilding momentum and the Commodities unit focused on delivering the substantial new business signed in FY13. In our view, the shares continue to look attractive on c 12x our maintained cash-adjusted FY15 EPS if the group can continue the deal-signing momentum.