Brand Architekts Share Discussion Threads

[dipike] 08/11/2022 17:02

The webinar is just full of excuses - I'm listening to it right now. How could it cost £800k to administer the InovaD acquisition? Even the FD could not be bothered to go into the office for the annual address to shareholders: looks like he is on Teams video from his spare bedroom. It says a lot about how the company is run to me. Jam tomorrow promises again

[dipike] 08/11/2022 16:59

Yes - but what is the date of the valuation ?and how have gilts and equities done since then?

[arthur_lame_stocks] 08/11/2022 12:18

I'm not going to try to sugar coat the awful results, but there are a couple of bright spots which make me think this might not be as uninvestible as I previously thought.

Firstly, the pension deficit has reduced considerably and if it stays much lower then at the next triennial valuation I would hope the deficit payments can also be reduced significantly conserving cash.

Secondly with the price where it is now the shares are trading at a significant discount to NTAV, NCA and net cash. I don't expect cash flow to be any near as bad next year as it was this year as they invested £3m in working capital, £2m for the acquisition of Innovaderma and £1.3m in the pension fund.

At 25p I may have a small punt.

[baner] 08/11/2022 11:46

Good volume today - albeit most likely a bit of double counting if not more. However, it is clear the BOD no longer control the destiny of this company´s ownership - this is likely to be the beginning of the end of BA as an independent company. The Q is only what price the tired shareholders will be offered. At 40p i am sure they will all take the money and run - far, far away from McDowell et al……R30;..what a fiasco this is!

[baner] 08/11/2022 09:31

I guess the Creighton people are sharpening their knives currently - they were a potential predator for IDP so now they have a great chance to eventually get their hands on this!

[kemche] 08/11/2022 08:49

Snouts in the trough meets lack of ability. Dreadful.
Paid £9.1m for IDP to end up with a combined market cap of barely £8m.
Take a bow gents!

[baner] 08/11/2022 08:38

Sorry - the Chairman mentioned twice, on the other hand it cannot be too much underlined that he must be removed. That was three times ! 👻

[baner] 08/11/2022 08:36

Terrible results announced by Brand today and now the Chairman must surely be ousted. It is unbelievable how this company has destroyed shareholders values in recent years and clearly the Chairman now has to resign.

[dipike] 24/10/2022 14:52

It should be a closed period for the BoD at the moment?????

[chop50] 24/10/2022 12:13

McDowell sell offs perhaps

[dipike] 24/10/2022 10:27

There has been some increased trading today - bigger value trades too. I wonder why???

[theglade] 21/10/2022 13:58

Well, last year they filed at CoHouse on the 7th Dec : McDowell signed them 28th Sept : As any Auditor will tell you it takes longer to count losses than it does profits.

[baner] 20/10/2022 15:54

report should be released tomorrow according to Stockopedia. i guess McDowell will announce his "resignation" in relation to this.

[dipike] 17/10/2022 08:22

Well, we are now past mid-Oct and the share price is sub 29p. I guess the BOD is relying on the 31st Dec deadline for Companies House accounts - with little regard or respect for the small share holders.

[muzmanoz] 06/10/2022 19:47

Stockopedia has results listed as tomorrow. But no one else seems to.

[dipike] 05/10/2022 22:43

Has anyone heard anything or had communication with the BODs. There is an erie silence around this.

[baner] 04/10/2022 21:03

thanks Ali47 - this is indeed exceptionally serious and probably the beginning of the end for the current BOD.

[ali47fish] 04/10/2022 07:40

i have brought this to the attention of sharesoc who will investigate

[baner] 03/10/2022 19:58

it is the BODs duty to ensure there is a good accounting in place - so i guess we have an incompetent BOD supervising an incompetent Management team here - shame on you McDowell et al !

[dipike] 03/10/2022 19:24

It does make you wonder how well the company is run internally when they can't present a set of accounts on time despite having had months to prepare them.

[kemche] 03/10/2022 11:22

How successful can they get?

[baner] 03/10/2022 11:05

i guess McDowell is resigning now and they are discussing with his successor. this is such a fiasco for an otherwise successful man.

[dipike] 01/10/2022 19:13

Now October - maybe something next week? Maybe something significant is on the horizon? Lets hope it bumps up the share price I'm tempted to sell though..........

[dipike] 29/9/2022 13:53

still no finals rns - company website financial calendar states finals as "September" - so must be tomorrow. Meanwhile share price now down at 30p