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BRG Braemar

2.25
0.00 (0.00%)
20 May 2024 - Closed
Delayed by 15 minutes
Braemar Investors - BRG

Braemar Investors - BRG

Share Name Share Symbol Market Stock Type
Braemar BRG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2.25 01:00:00
Open Price Low Price High Price Close Price Previous Close
2.25 2.25
more quote information »

Top Investor Posts

Top Posts
Posted at 07/3/2009 17:17 by wavering
Well, I am sat in a cafe and read that Marc Duchesne, 47, has been convicted of stealing £15M from Investors.

See:


Gave me a bit of a shock until I got home and realised that the guy who runs Braemar is Marc Duschenes who is 33, or thereabouts!
Posted at 12/5/2008 09:27 by sbs
Marc Duschenes, CEO of Braemar Group plc, talks about his company in , filmed at the recent show.
Posted at 23/5/2007 18:07 by barn owl
Braemar Group are amongst a list of exhibitors at the Growth Company Investor Show on Wednesday 13th June 2007 at the Barbican Exhibition Centre London for those interested. An opportunity for private investors to meet the directors!
I apologise if this has already been mentioned.
Good luck.
Posted at 08/5/2007 20:25 by cockneyrebel
Well the director buying here has been pretty impressive and constant.

I was sort of told to buy them by a guy that has done me proud in the past. Rare I take a tip but I trust my lead here. I'm expecting/hoping for these to take off from the results.

These are in profit from here on imo, H2 looks like being as low as a 0.04p loss from what I can see and quite likely tht they do over 0.2p for the full year imo. Seems quite a strong growth rate too. This year they look like going from 0.4p loss to 0.2p loss and the pace increasing.

In many ways they remind me of YSP, underlooked while directors buy and the scope to release cash to investors on a strong regular basis going forward.

That'sw my hope anyway - we'll see :-)

CR
Posted at 24/4/2007 16:47 by cockneyrebel
RNS Number:4468V

Braemar Group PLC

24 April 2007

Braemar Group plc ("Braemar or the Company")

Trading on PLUS

24 April 2007

The Company is pleased to announce that its shares were admitted to trading on PLUS on 20th March 2007 under the same trading symbol as AIM (BRG). PLUS is a new independent London-based equity market service provided by PLUS Markets Group plc. "PLUS" is based on a quote-driven trading system and currently trades over 850 small and mid-cap company shares, representing a combined market capitalisation of over £155 billion. The company continues to be AIM quoted and traded, and trading through the PLUS platform is intended to enhance investor choice, improve liquidity for shareholders and provide greater access to investors. For more information on PLUS, visit www.plusmarketsgroup.com.

------------------

Should narrow the spread and draw in buyers as usually happens when stocks trade on both platforms.:-)

CR
Posted at 24/3/2007 15:13 by cockneyrebel
Cheers

I find these very interesting and having 5 bagged YSP in 6 months or so I can see this being potentially another performer on the same scale. While these manage investment funds and YSP were more direct property investors the tax benefits of being a REIT are likely to accelerate the performance here imo.

The chart is interesting too. It's had a couple of huge vertical spikes that just look like false starts to the real rise imo. A lot of director buying to say the least too.

As with YSP, a lot of these property based co's are a bit tooo complex to easily read for us lay investors but like YSP there's been a ton of director buying that says something good is happening imo.

I've been watching someone pick up 200K after 200K @ 2.75p from a matched off seller at 2.5p for a while now so there's a keen buyer in the market for some reason, just as we approach year end. Decided to make my move as these ticked up this week.

We'll no doubt chat again - hopefully at double the price as Equity Developments suggest then - I'll skip off now and read that note - cheers

CR
Posted at 31/3/2006 09:47 by muxdapanza
Braemar Group plc ("Braemar") creates and manages residential property
investment funds, via collective and tax efficient investment schemes, targeted
at the high net worth individual community.


Braemar launched its first unregulated collective investment scheme in April
2003. Coronation Limited Partnership was set up to invest in residential
property carrying capital allowances affording its investors a blend of exposure
to the residential sector and tax relief. A second fund, The Coronation II
Limited Partnership closed for new investment in December 2004 and a third fund,
The Coronation III Limited Partnership, was launched in September 2005.

Braemar's income streams can be broadly divided into three categories:
1. Fund Management. Braemar receives an annual management fee plus a carried interest or performance fee, which may be linked to an index.

2. Property Management. Once a fund is put in place, Braemar
either manages it in-house or sources all property management functions,
including overseeing development and project management, arranging finance and
insurances, tenancy management and rent collection. Whilst project driven fees
typically generate a high margin up front, the longer term management activity
provides Braemar with a trail of recurring fee income.

3. Property Trading and Development. Braemar also trades
reversionary residential property, acting as agent or principal and from time to
time is involved in property development on its own account.

Following pension deregulation, the UK market for collective investment schemes,
particularly those in residential property, is expected to grow. Most funds
have been targeted at the pensions market and have, under current legislation,
been restricted to investment in commercial property. The pensions market had
been expecting a relaxation of the rules to permit individuals to hold
residential property in their personal pension funds from 6th April 2006, known
as A-day. However, the Chancellor, in his pre-Budget statement in December
2005, announced that individuals will only be permitted to hold an interest in
residential property in their pension funds via investments in residential
property funds. Braemar intends to create a range of collective property funds
that will be suitable for investment by individuals via their personal pension
funds to be launched after A-day.
Posted at 31/3/2006 09:45 by muxdapanza
Trading update for the period ending 31 March 2006

Braemar Group plc ("Braemar"), the manager of tax efficient residential property
funds, provides the following update on the performance and activities of the
group since completion of the reverse takeover of The Braemar Group Limited by
MetroCapital plc. The directors are pleased to report that good progress has
been made in line with the stated strategy at the time of the reverse takeover.

• New residential property fund launches
• Final closing of Coronation III
• Deferred consideration conditions satisfied
• Continued support from Tchenguiz family
• Acquisitions strategy
• Annual General Meeting

New residential property fund launches

The directors are preparing for the launch of a £25 million residential property
fund that will be suitable for SIPP investment early in the new financial year
and are also monitoring the developments in the Real Estate Investment Trust
(REIT) legislation with the view to launching a REIT once the rules have been
finalised. Coronation IV will also be launched in the autumn, continuing the
series of tax driven residential property funds.

Final closing of Coronation III

The final close of the Coronation III Limited Partnership will take place on 31
March 2006. Coronation III has completed the purchase of a property in
Tunbridge Wells. Braemar will manage this £3.5 million project to create 17
apartments during 2006, the largest single transaction by a Coronation fund to
date providing the group with significant fee income. Coronation III is the
third fund launched and managed by Braemar to invest in residential property
carrying capital allowances and affording investors a blend of exposure to the
residential sector and tax reliefs.

Deferred consideration conditions satisfied

Three of the five deferred payment conditions for the acquisition of The Braemar
Group Limited have now been met. Accordingly, deferred consideration of
£375,000 has been paid to two of the vendors, Marc Duschenes, the Managing
Director of Braemar, and his wife Jennie Duschenes. Marc and Jennie Duschenes
have elected to receive this deferred consideration in convertible loan notes
rather than in cash. Braemar will update shareholders when the remaining two
conditions are met.

Continued support from Tchenguiz family

As previously announced on 1 February 2006, Braemar raised an additional
£450,000 (before expenses) by way of a placing of 15,000,000 new ordinary shares
of 1p each at 3p per share. The funds raised are being used to provide
additional working capital for the group.
Wheddon Limited subscribed for 3,333,333 in this placing, taking their total
holding to 23,999,999 shares representing 21.09 per cent of the issued share
capital. Wheddon Limited is ultimately owned by Investec Trust (Guernsey)
Limited as trustees for the Tchenguiz Family Trust. The directors of Braemar
meet on a regular basis with other property related businesses in which Wheddon
and Vincent Tchenguiz holds stakes. The directors believe that this will
create growth opportunities for cross-selling Braemar's services amongst those
businesses.

Acquisitions strategy
At the time of the reverse takeover, the directors stated their intention to
seek acquisitions in the property investment management and property services
sectors, and to develop or acquire a corporate finance business to act as
sponsor to its own fund launches and to provide advice to similar growing
companies. The directors continue to pursue this strategy and have identified a
number of possible acquisitions. Discussions with the vendors of these
businesses are at an early stage, but the directors hope to conclude at least
one transaction in 2006.

Annual General Meeting

The Annual General Meeting of Braemar will be held at 10.00 a.m. on 26 April
2006, at the head office of the company, Richmond House, Heath Road, Hale,
Cheshire WA14 2XP. A notice convening that meeting has been sent to
shareholders today.

For further information please contact:
Martin Robinson, Chairman, Braemar Group plc 0161 929 4969
Marc Duschenes, Managing Director, Braemar Group plc 0161 929 4969
Charles Ryland or Isabel Podda, Buchanan 020 7466 5000
Alex Clarkson, Zeus Capital 0161 831 1512

Posts 1 & 2 have a lot of info about this company

Company website: