Brammer Share Discussion Threads

[toffeeman] 07/9/2016 16:02

Slowly slowly close de gappy?

If so and it consolidate then 140 would be a good stop loss

[watson] 31/8/2016 13:06

Price is continuing its resilience today.

Interesting.

[brulot] 30/8/2016 13:37

Interesting statement from Bunzl this morning regarding acquisitions. Almost looks too obvious but could happen.

[toffeeman] 30/8/2016 12:33

Just gone long for the gap close (and to try and recoup a few points!)

[brulot] 28/8/2016 09:09

This is a simple business really and should be able to be turned round. If there is a slowdown due to Brexit in theory it could help Brammer. Most of the sales are machine parts that just get replaced and if companies don't replace the machinery they will keep mending the existing. Seals, bolts, cogs, not exciting but the bits keep thousands of companies going.

As you say red it is all about the margins.

[redartbmud] 27/8/2016 08:39

brulot

Absolutely, but I always find it useful to visit retail outlets to gauge activity. The first indicator is footfall and the second is the ring of the tills, followed by discounts offered.
I visited Thorntons several times and thought that I had entered a ghost town on each occasion.
This week I visited a Mks store in a large retail park. I have never seen as many men's clothes discounted in my life, and the women's department looked like a closing down sale.

From my past knowledge of Brammer I am aware that the staff are very loyal and invest in the business on a regular, long term basis.

[brulot] 26/8/2016 19:42

Not able to confirm margins as clearly that is price sensitive and did not get even close to that information.

What I do know is that plenty at Brammer purchased shares in the 60s, that proves nothing in that sometimes loyalty and historical share price can drive that. There is great optimism there and if managed correctly the future looks very good.

[redartbmud] 26/8/2016 19:01

brulot

There is no better information than personal observation.
What you cannot know is the margins that they are obtaining, but an increase in turnover is a good start.

Thanks

red

[brulot] 26/8/2016 18:07

They are simply observations and something that a customer of Brammer could ask if they went to their retail counters! It is not precise information throughout the group but chatting to people who work there it is clear that sales have improved.

At no stage does it rank as definitive proof but it is quite likely to be correct.

[freddie ferret] 26/8/2016 17:44

brulot.

Either your posts are correct and therefore insider information or guesswork.

[brulot] 25/8/2016 19:20

Correct! Been doing some temporary work for them and orders are for the most part repeat business to the same customers which are improving. This company should be very successful it just needs managing properly. Hopefully if the new CEO can get real efficiency it could have plenty of improvement to come.

[watson] 25/8/2016 18:43

Brammer has always struck me as a sound, well managed company with a secure market: i.e. Mechanical stuff wears out!The new CEO is of course something of an unknown quantity, but if he's sensible and brings out the best in his experienced people, then the future looks bright.Watson

[brulot] 25/8/2016 16:25

there has been and continues to be improved sales and the stock reduction plan continues on course.

[toffeeman] 25/8/2016 15:48

bitta volume today

[brulot] 16/8/2016 10:02

Bunzl circling like a vulture. 160 will do it.

[harvester] 16/8/2016 09:54

5% price rise today also looks good. Lol

[kidknocked] 15/8/2016 16:37

Nice closing auction today. looks good.

[brulot] 15/8/2016 10:46

Crikey, quick jump then!

[brulot] 15/8/2016 10:02

Share price seems to have settled which is probably good news for holders. Will Bunzl pounce when the some more indication of progress becomes clearer?

[watson] 11/8/2016 17:20

Interesting sudden rise towards the close today.

[redchef] 05/8/2016 10:17

And up it goes again. Its on a laccy band this one

[brulot] 04/8/2016 08:58

bit of support so a medium term hold for me in the hope that Bunzl or somebody else has a look and general recovery.

[redchef] 04/8/2016 08:13

I imagine as all the short term traders abandon positions to lick their wounds the longer termers will lap up the stock at the cheap prices to hold for 12 months plus

[mister md] 04/8/2016 08:11

my only concern:

"... a detailed business review and this will be taken forward by Meinie Oldersma, the new Chief Executive of the Group, to identify the actions needed to improve the operational and financial performance of the business as well as its ongoing capital requirements. The conclusions of this review will be announced in the fourth quarter."

too early to say, but capital raise could be possible later on? Might await 4th qtr then before getting back in