Braemar Shipping Services Share Chat (BMS)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Braemar Seascope Group	LSE:BMS	London	Ordinary Share	GB0000600931	ORD 10P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	+0.00p	+0.00%	305.00p	298.50p	307.75p	305.00p	299.00p	299.00p	50,575	16:01:00

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Industrial Transportation	139.8	-0.6	-1.7	-	91.86

Braemar Shipping Services Share Discussion Threads

Showing 2301 to 2325 of 2325 messages

Chat Pages: 93 92 91 90 89 88 87 86 85 84 83 82 Older

Date	Subject	Author	Discuss
14/9/2017 13:42	TC - this is very interesting news - Braemar's LNG containment system could have very significant commercial potential, particularly in the small scale LNG sector which is expanding rapidly. Hamworthy Engineering a British company cracked the design code for a commercial small scale LNG reliquefaction plant. It proved a company changer and saw the 120p share price on flotation of this longstanding engineering company rise to 824p when the company was acquired by Wartsila, largely for its LNG technology and patents. I took a major portfolio position following successful commercial trials of the Hamworthy LNG plant on a Qatar Government $350m LNG newbuilding, and held it through to takeover. The Qatar Government went on to order 48 of these small scale reliquifying plants @ circa $5m each for their LNG newbuildings over a 4 year period. With LNG sector technology, since the engineering barrier to entry is so high and safety so critical, the LNG system supplying company almost without exception will also secure a 20-25 year life of ship maintenance contract for each system. AIMHO/DYOR	mount teide	Read Full Thread Reply
14/9/2017 12:58	New LNG containment system designed by Braemar Group expected to be approved by Bureau Veritas soon As disclosed, Braemar is in “advanced stages of approval” for the system, which is “particularly suited to small scale LNG including bunkering although not size limited.” This was stated by Andy Bright, Director, Braemar Engineering, while speaking on the advanced technology and very precise engineering requirements around containment systems and propulsion options at the London International Shipping Week (LISW) being held from September 11 to 15. hxxps://worldmaritimenews.com/archives/229803/braemars-new-lng-containment-system-to-get-approval-soon/	turbocharge	Read Full Thread Reply
14/9/2017 12:54	Hmmm... All sells so far, but price still holding steady with a bigger than normal spread. Could the MM's be trying to hoover up sells to fill a buy order behind the scenes I wonder? Intriguing.	turbocharge	Read Full Thread Reply
12/9/2017 18:14	7 September 2017 Publication of Circular Further to the announcement earlier today by Braemar Shipping Services plc ("Braemar") regarding the proposed acquisition of NAVES, Braemar is pleased to announce that the shareholder circular convening the general meeting and setting out further details on, and the rationale for, the Acquisition (the "Circular") has been approved by the UK Listing Authority.	turbocharge	Read Full Thread Reply
12/9/2017 16:29	Nobody stopped me 16:28:05 299.0625 1,111 O 296.25 300.00 Buy	turbocharge	Read Full Thread Reply
12/9/2017 16:26	About to buy 1,111 shares,feel free to stop me...	turbocharge	Read Full Thread Reply
07/9/2017 16:52	Excellent post #2160, MT. Thank you.	speedsgh	Read Full Thread Reply
07/9/2017 16:08	Edmund - I was fortunate to have an inside line of communication to the leading analysts at Clarkson's research back in 2000 - courtesy of managing a fleet of vessels where i used Clarkson's as my principal shipbroker. I see 2017 as much like 2000, where some very respectable gains are probable over the next 2/3 years with the prospect of some serious acceleration in valuations(should the industry not do anything silly or the world economy crash) by 2020 when the vessel supply and demand ratio is forecast to come close to balance. There is no other market afaiaa, which is so free of any form of manipulation for political or commercial purposes as the shipping market. It is completely implausible that any Government would let house prices drop 98% as the BDI did following the 2008 shipping cycle top/financial crash - although there were falls approaching 60% in the housing markets of the west and east coast US states. The 2015 article in the link below written for Clarkson's by shipping market economist Dr Martin Stopford, former P&O Director and Clarkson's Non Exec, is well worth a look, particularly the accompanying Graph - (1990's - A memory or a template for the 2010's?). https://sin.clarksons.net/features/details/37541 AIMHO/DYOR	mount teide	Read Full Thread Reply
07/9/2017 15:04	You did well there MT. I didn't buy Clarksons till it was £1.80. So I missed more than the first 30%. Still held on for nearly £10 for most of that though... and been waiting for the shipping cycle to, well, cycle ever since. And here we are! :-) As you say, precise timing hard. But if we are not well into recovery by the start of 2020 I would be very surprised.	edmundshaw	Read Full Thread Reply
07/9/2017 14:53	Thanks for clarifying, MT.	speedsgh	Read Full Thread Reply
07/9/2017 14:33	speed - i meant 30% of the range between where companies like Clarkson's plunged to at the 2000 shipping cycle low, compared to where it reached at the 2008 high. Selling Clarkson's at £1.20 in 2001 after it has risen 30% or so from the buying price of circa 90p in 2000, would have meant missing out on another circa £8.80 of gains before the shipping market peaked in 2008/9. Looking back at the Clarkson's chart, the signal that the shipping market was fully into recovery mode did't really show until mid 2003, by which time the share price had slowly appreciated nearly 250% in this three years to circa £2.50 before accelerating away to £10 over the next 5 years.	mount teide	Read Full Thread Reply
07/9/2017 11:23	It's already nearly 30% up from its Q1 2017 lows but plenty more to come for those of a patient disposition imo	speedsgh	Read Full Thread Reply
07/9/2017 10:28	That all makes sense.	spooky	Read Full Thread Reply
07/9/2017 10:22	Indeed Edmund - i like the risk /reward prospects for Braemar over a 5 year outlook, even more so should this acquisition complete. Like Clarkson's prospects too, but have held back investing there, as i believe the upside could be more significant here and; its not so easy convincing yourself no matter how compelling the fundamentals, to pay £28 for something you once bought for circa 90p and, sold for circa £9. spooky - perfect timing an investment entry into the highly cyclical boom and bust shipping industry has always proved near impossible but, for those with a five year investment timeframe, slowly building exposure to the sector after an 8 year recession which plunged record depths is, on the balance of probabilities, probably as good an opportunity timing wise as the industry offers up. Yes, the sector may continue to trade sideways/very slowly up for another year or two but, history has shown when the key shipping sector statistics do change and start signalling recovery, valuations will usually have already moved strongly off the lows, resulting in the first circa 30%+ of investment gains being lost to those not already holding positions. AIMHO/DYOR	mount teide	Read Full Thread Reply
07/9/2017 09:20	Convertible conversion price and restrictions are excellent, at least at this price. Seems no drag on Braemar getting to £4 at least.	edmundshaw	Read Full Thread Reply
07/9/2017 08:39	I would like to assume that the acquisition suggests management are happy with the progress of current businesses. Hope i'm not being naive.	spooky	Read Full Thread Reply
07/9/2017 08:38	Buried in the document is a trading outlook, which a bit weirdly is just a copy of the AGM update of two and a half months ago. I suppose that means the board isn't releasing market-sensitive trading information, but I'd have hoped there might be some movement? Acquisition is definitely a positive step. On the face of it a bit expensive, but of course it is come at a good time, and Clarksons certainly benefited greatly from developing their Financial Division.	edmundshaw	Read Full Thread Reply
07/9/2017 08:20	Proposed acquisition of NAVES Corporate Finance GmbH 'The Board believes that the Acquisition will be earnings enhancing for Braemar during the current financial year ending February 2018 and in the first full financial year following Completion being the year ending February 2019 and the acquisition terms have been structured to incentivise long term profit growth in NAVES.' Taking the route of Clarksons and creating a Corporate Financial Division - considering the tens of £billions of distressed shipping assets of German KG Funds, and that traditional shipping banks along with private equity is reducing their exposure to the sector - could prove a timely acquisition with the industry in the very early stages of a tentative recovery after a brutal 8 year recession.	mount teide	Read Full Thread Reply
25/8/2017 20:37	Excellent read MT. Good to hear the point of view of Slater's experience - "wisdom" as it used to be called. I think we all knew that the boys in pinstripes have been playing very naive games with very large amounts of other peoples money. It happens cyclically anyway, and of course has been exacerbated by QE. But great news that a bear thinks we will be resolving by 2020. I have personally been waiting over a decade to get back into shipping investments; I hope I have not arrived more than a bit too early to the party...	edmundshaw	Read Full Thread Reply
25/8/2017 14:13	MT - Many thanks. My other half's business has several clients in the shipping industry so may be of interest to her. Much appreciated.	speedsgh	Read Full Thread Reply
25/8/2017 13:22	speedsgh: The link is below, together with Paul Slater's most recent articles on the Shipping Industry for Maritime Executive - bear in mind Paul is on the bearish side, and expects it will be another 2 years before a real and sustainable recovery in the sector is seen. hTTps://fairplay.ihs.com/commerce/article/4279391/executive-insight-qa-with-shipping-critic-paul-slater hTTps://maritime-executive.com/editorials/why-has-shipping-got-it-so-wrong hTTps://maritime-executive.com/editorials/hanjin-is-the-tip-of-the-iceberg	mount teide	Read Full Thread Reply
25/8/2017 11:02	Many thanks, MT. Are you able to post a link to the source of the article? TIA	speedsgh	Read Full Thread Reply
25/8/2017 10:17	Thank you MT - very useful stuff	profdoc	Read Full Thread Reply
24/8/2017 20:46	Excellent posts MT. Thanks	8w	Read Full Thread Reply
24/8/2017 20:15	Many thanks for that post MT. Should be required reading for investors interested in the shipping markets.	shalder	Read Full Thread Reply

Chat Pages: 93 92 91 90 89 88 87 86 85 84 83 82 Older