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Share Name Share Symbol Market Type Share ISIN Share Description
Brooks Macdonald Group Plc LSE:BRK London Ordinary Share GB00B067N833 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -5.00 -0.21% 2,375.00 2,350.00 2,400.00 2,400.00 2,370.00 2,380.00 7,945 16:35:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 118.2 25.1 125.3 19.0 395

Brooks Macdonald Share Discussion Threads

Showing 51 to 74 of 225 messages
Chat Pages: 9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
15/9/2010
07:47
Revenue - Up 61% Pre-tax profits - Up 78% Basic earnings per share - Up 69% Funds under management - Up 57% Total proposed dividend for the year - Up 64%
m.t.glass
09/9/2010
08:36
It was really only that they had been shrewd enough to take out Braemar, which we had made a fair gain on in only two months. On purchasing Braemar they had taken over the fund to invest in farmland. (This was our reason for investing in Braemar). The share price had risen like a rocket since coming to market especially in the last 2 years without any significant selling illustrating a support price. I highlighted the July news release stating that profits would be ahead of expectation and they are paying a dividend. Funds under management 2.1b compared with 1.8b and 1.3b in last six months/year. Since purchasing I have carried out some further research and note that they reported 3500 customers who are clearly high wealth so I calculate that these customers have a mean average of 600,000 invested in their pension funds. It has been demonstrated that the big fund managers cannot do the business so why not run with the small fund managers who seem to be making a better fist of it. I did express concern that they do not issue much in the way of news and this may be a big Ponzi scheme but there you go. It is clear that the astronomic rise in the last two years means that there may not be much further to go. However if they do not issue a reason for any weakness in share price that may come about it may be a case of adding on weakness.
darias
09/9/2010
07:54
feel free to shed any light with your presentation here Darius, it would be greatly appreciated, welcome aboard
cambium
08/9/2010
08:37
I must have made a good presentation yesterday as it is one of the few occasions that the club have voted unanimously to buy a stock. This is especially cheering as the meeting was well attended. We are in.
darias
23/8/2010
16:26
absolutely stunning day.
cambium
18/8/2010
22:53
another corking day with recent highs yipppeee
cambium
17/8/2010
16:48
afternoon MT
cambium
17/8/2010
16:29
Another strong upkick. Results a month away.
m.t.glass
15/7/2010
18:20
Brooks Macdonald jumps 7% on forecast busting trading updateFTSE 100FTSE 250FTSE 350.FTSE 100 -42.23 (-0.80%) to 5211.29 FTSE 250 -43.16 (-0.44%) to 9852.45 FTSE 350 -20.93 (-0.76%) to 2751.01 .Click here for FTSE charts and share prices by Drazen Jorgic on Jul 14, 2010 at 11:11 The share price of Brooks Macdonald Group jumped more than 7% after the company put out an optimistic trading statement. Brooks Macdonald share price has more than trebled over the past 18 months. Its first quarter results were extremely strong, with revenue, pre-tax profits and earnings per share all sharply higher. The company also begun paying dividends for the first time. A statement released this morning reported this trend had continued. 'The group has benefited throughout the period from an encouraging and continuing inflow of new business. The group's results to 30 June 2010 will be ahead of market expectations.' Collins Stewart was also optimistic about the future earnings for the wealth manager as it reiterated its 'buy' rating on the firm. The broker estimated that the company's assets under management, set to be announced next week, will go through the £2 billion barrier to roughly £2.15 billion, representing a 55% rise over the twelve months. Brooks Macdonald group, which operates an investment management and financial planning arms, recentlyacquired property specialist Braemar and has made a string of hires. Amongst the most recent fund manager hires were Colin Barrett, previously of Heartwood Wealth Management, for its Tunbridge Wells office. It has also boosted the Edinburgh branch with the hire of Scott Lothian from Adam & Co. Collins Stewart said the Bramear acquisition will not bring material benefits in the next 12 months but should be beneficial over the longer-term. It added that the company will focus on organic growth this year while its balance sheet remains strong. 'We anticipate further cash generation in 10/11 which will support continued dividend growth.' At 9.45am, Brooks Macdonald shares were up 7.10%, or 55p, to 830p.
cambium
15/7/2010
15:52
Brooks Macdonald Group plc ("the Group"), the AIM listed integrated wealth management group, today announces that the strong trading highlighted at the time of its interim results announcement in March has continued into the second half of this financial year. The Group has benefited throughout the period from an encouraging and continuing inflow of new business. The Group's results to 30 June 2010 will be ahead of market expectations. The Group expects to announce its final results for the year ended 30 June 2010 on 15 September 2010 and will publish its latest funds under management statement later this week.
cambium
14/7/2010
08:57
Trading update today says results for y/e 30 june should be ahead of market expectations which were for an eps of 36.1p http://www.advfn.com/p.php?pid=nmona&article=43591008&symbol=L%5EBRK
campbed
21/6/2010
08:23
Brooks Macdonald Group has recruited private client fund manager Scott Lothian from rival Edinburgh firm Adam Investment Management. Lothian's hire is the latest stage of Brookes' aggressive expansion plans in the city, and comes a week after it announced it was set to acquire property specialist Braemar Group. Chief executive Chris Macdonald (pictured) said: 'Scott is an important addition to both Brooks Macdonald Group and the Edinburgh office. He will add significant strength to the existing fund management team and additional knowledge of the local market.'
cambium
04/5/2010
08:27
For decades, most savers preferred to put their money in the hands of large, well-known institutions. The bigger the bank or insurance company, the safer and more robust it seemed. Events of the past two years have shown up the flaws in that logic in a brutal fashion. After virtually every major bank in Britain came close to collapse, trust in these organisations has been severely tested. Big is no longer beautiful. This is bad news for the major players, but good news for smaller, more specialised financial institutions such as Brooks Macdonald (Traded on: AIM, Ticker: BRK). Solid: Boss Chris Macdonald unveiled profits up by 57 per cent last year The company was founded in 1991 by Chris Macdonald, then a 30-year-old fund manager who wanted to create a business that really did focus on helping clients rather than just making money out of them. More...Midas Extra: Share tips (thisismoney.co.uk) Companies in the news (thisismoney.co.uk) Market latest (thisismoney.co.uk) Today, Brooks Macdonald is an Aim-traded fund management and advisory business that deals only with individual private clients. It does not manage money for big institutions, it does not dabble in trading on its own account, it simply looks after people's savings. This focus has served the company well. It has 3,500 customers and recently announced that assets under management had grown to more than £2 billion. Almost half of this money is being managed through Self Invested Personal Pensions, which allow people to create their own retirement funds, rather than join an employer's plan or big life insurance company's scheme. Sipps have become increasingly popular in recent years. Numerous companies have shut down defined benefit pension schemes, which guarantee employees a certain pension when they retire, and replaced them with the uncertainty of a defined contribution scheme. Many employees would rather take control of their own pensions via Sipps than leave them in such schemes. Other savers are also attracted by the flexibility offered. This trend has helped Brooks Macdonald weather the financial crisis better than many of its peers. Disgruntled savers have moved their pensions into Sipps managed by Brooks throughout the economic downturn, hoping that the company will create a better pension pot for them in the future. In the year to June 2009, the company delivered a 57 per cent increase in pre-tax profits to £3.18 million and a 57 per cent increase in the dividend as well, from 3.5p to 5.5p. This year, brokers forecast profits of more than £5 million and a dividend-of about 7.5p. Further strong growth is expected over the next three to five years. Whichever party is in power after the General Election, encouraging people to save for the future will be high on the agenda. The population is growing older and everyone is being urged to take more financial responsibility for their old age. Brooks Macdonald differs from many asset managers because it is small, specialised and makes sure it sees and listens to all its clients regularly. The company has consistently outperformed other money managers and Macdonald is confident enough about the future to state publicly that he aims to increase funds under management by 20 per cent a year, even if the stock market is flat. Midas verdict: At 7271/2p, shares in Brooks Macdonald have done well over the past 12 months, but there is still plenty of potential in the stock. The company is opening new offices across Britain, it is becoming better known among independent financial advisers and other professional advisers and it intends to acquire other, small fund managers, where appropriate. There is £10 million of cash on its balance sheet, the company is good at what it does and it operates in a growth industry. Buy. Read more: http://www.dailymail.co.uk/money/article-1270353/MIDAS-SHARE-TIPS-Brooks-takes-refreshing-Sipp-better-future.html#ixzz0mwYQofMI
cambium
02/5/2010
11:30
Very bullish write up in todays Sunday Mail by Midas.
vraic
01/4/2010
11:51
Described as 'stunning' by Collins Stewart analyst Michael O'Brien, interim results from bespoke wealth manager Brooks Macdonald demonstrated the resilience of the expanding group's business model. For the half to December Brooks, which has consistently grown sales and profits in all market conditions since floating in 2005, nearly doubled pre-tax profits to a better-than-expected £2.47m, on a 70% revenue rise to £16.39m. From earnings per share up 126% to 18.85p, Brooks proposed a maiden half-year dividend of 3p, signalling CEO Chris Macdonald's confidence about prospects. Amid improving markets, funds under management burgeoned by 34% during the period to more than £1.85bn, boosted by September's acquisition of Lawrence House – the company's first on AIM – as well as success with strategic alliance partners and support from professional introducers. Chris Macdonald said the group's Edinburgh office, opened in September, 'has had an encouraging start' and also highlighted robust growth from the managed portfolio service, designed for smaller portfolios and making a strong contribution to the top line. Having proven the robustness of its model in all economic weather and boasting a 'clean, ungeared' balance sheet, Brooks is strongly placed to complete further earnings-enhancing acquisitions. 'We are seeing more opportunities than we were six months or a year ago', insists Macdonald. Upgraded forecasts for the year to June now point to pre-tax profits of £5m, earnings of 36.1p (2009: 22.6p) and a 9p payout.
cambium
30/3/2010
09:36
ooh hello, I guess Rensburg woke this one up yippee
cambium
23/3/2010
10:43
Discretionary wealth manager Brooks Macdonald Group PLC (BRK) grew its assets under management by 34% while profits almost doubled in the six months to the end of 2009. The strong results led the group to pay the first dividend since its 2005 listing, of 3p, payable on 31 March. Pre-tax profits were up 96% to £2.47 million, from £1.26 million at the end of June 2009, while revenues increased by 70% to £16.39 million. Earnings per share were even more sharply up by 126% to 18.85p. The rise in discretionary assets from £1.386 billion last June to £1.852 billion at the end of the year, outstripped the rise in the Apcims balanced index, which was up by 13% in the same six month period. The asset growth also included the completion of the transferral of fund management assets from Lawrence House's Canterbury office, to Brooks' Tunbridge Wells office following Brooks' acquisition in September 2009. Chief executive Chris Macdonald (pictured) said that a considerable chunk of the strong performance had come from the group's Managed Portfolio Service, designed for smaller portfolios.
cambium
16/3/2010
10:28
Investment management and financial services provider Brooks Macdonald Group plc (BRK.L: News ) reported over two-fold rise in profit for the six months ended December 31, 2009. Upbeat on the results, the company declared the payment of maiden interim dividend and said it foresees the business growth to continue in the second half. Profit for the period attributable to equity holders of the company more than doubled to GBP 1.89 million or 18.14 pence per share from GBP 0.83 million or 8.22 pence pence per share in the previous year. Profit before taxation climbed 96% to GBP 2.47 million from GBP 1.26 million in the same period a year ago. Total comprehensive income for the period, which exclude one-time gains, rose to GBP 1.90 million from GBP 0.90 million in the past year. Revenue for the first-half rose 70% to GBP 16.38 million from GBP 9.65 million in the prior-year period. The company noted that finance income dipped to GBP 35.92 thousand from GBP 144 thousand a year ago. The latest half-yearly results also included finance costs of GBP 12.39 thousand. Commenting on the newly opened office in September, chief executive Chris Macdonald, said, "Our Edinburgh office has had an encouraging start, and our strategic alliances have again shown their worth to the Group's growth strategy. We continue to look forward to the future with confidence." Brooks Macdonald said that discretionary funds under management at the end of the period were GBP 1.85 billion, up 34% from GBP 1.38 billion as on 30 June 2009. The company attributed the increase to improved markets and other factors, including its acquisition of Lawrence House Fund Managers in September and strategic alliance partners. Further, Brooks Macdonald Group announced that its board declared first-ever interim dividend of 3 pence per share, payable on 31 March 2010 to shareholders of record on 26 March. Looking ahead, Brooks Macdonald Group expects the growth of the business to continue in the second half of fiscal 2010.
cambium
16/3/2010
10:25
Brooks Macdonald Group Plc's six-month pre-tax profit improved 96% to £2.47 million from £1.26 million a year ago. Profit for the period attributable to equity holders of the company amounted to £1.89 million compared with £0.83 million in the previous year. Earnings per share for the six-month period rose to 18.14 pence from 8.22 pence last year. Revenue for the six months ended 31 December 2009 was up 70% to £16.38 million from £9.65 million in the comparable period.
cambium
16/3/2010
08:20
another great set of results, this is the start of a great company, paying a dividend twice a year, funds under management up 34%, well done BRK
cambium
26/2/2010
14:02
Brooks Macdonald's £2.75 million acquisition of Lawrence House could see the wealth manager move into fund management in the future. Chris Macdonald, co-founder and chief executive of Brooks Macdonald Group, said the integration between the two firms is at an early stage but he was not ruling out fund launches. He said: 'It may well be the case. We've only taken ownership of the funds this morning and we are going to become much clearer on the strategy.' By buying Canterbury-based fund manager Lawrence House, Brooks Macdonald also acquired its first open-ended fund, managed by Alan Stokes. Macdonald said owning funds added another dimension to the firm's business and might offer further opportunities to leverage off its relationship with independent financial advisers. 'It's a new string to our bow. What's highly likely is that we will look to market existing funds,' he said. These were more likely to be marketed externally since the firm had strong relationships with the top end of the IFA market 'and this could be another opportunity to talk to them,' he added. Macdonald said the Lawrence House purchase may not be the last, since the company is looking to expand. However, he added: 'We've seen a number of companies but they need to fit.' This week Brooks Macdonald also opened an office in Edinburgh after headhunting a senior team from Adam & Co Private Bank.
cambium
26/2/2010
13:14
Quarterly Announcement of Discretionary Funds Under Management As at 31 December 2009 funds under management were GBP £1.851bn As at 30 September 2009 funds under management were £1.665 billion As at 31 March 2009 funds under management were £1.24 bn As at Dec 08 funds under management were £1.22bn As at 30 Sep 08 funds under managment were £1.21bn As at March 08 funds under managment were £1.082bn
cambium
26/2/2010
13:13
Appointment of two Fund Managers Brooks Macdonald Group plc ("the Group") is pleased to announce the recruitment of two new private client fund managers with immediate effect. Michael Divers joins the Group from Shore Capital and has eight years experience working with high net worth clients in discretionary portfolio management. Michael will be based in the Group's London office. James Grayson has joined from Thesis Asset Management. He has seven years experience managing a wide range of private portfolios, trusts, charities and pension schemes. He will be based in the Group's Winchester office. Chris Macdonald, Chief Executive said: 'We are delighted that both Michael and James have joined us. They are important hires for the Group and bring additional expertise and knowledge to the growing teams in London and Winchester.'
cambium
22/1/2010
11:30
Reduce recommendation from Growth Company Investor http://www.growthcompany.co.uk/recommendations/1107873/brooks-macdonald.thtml
investinggarden
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