Brooks Macdonald Share Discussion Threads

[jakleeds] 28/7/2011 11:10

Yes indeed, MERC is another thread I set up. You may also want to look at STM who will be issuing a trading statment shortly...(next few days) - also an early stage BRK perhaps?

[mw16] 28/7/2011 10:40

Researched and found a little jem of a share. The share is an early stage BRK.

Rising profits, rising revenues, plenty of cash etc.
Low number of shares in distribution. A lot of potential.


MERC Merchant securities.

Check it out

[m.t.glass] 20/7/2011 08:00

"..Trading for the year was better than the Board's expectations.."

"..The Group performed strongly in the year across all of its activities. We continue to be highly encouraged by the opportunities available to us to grow the business.."

[verymaryhinge] 24/5/2011 13:21

ready for a pop ?

[cambium] 13/5/2011 07:04

Very well thank you, firing on all cylinders

[jakleeds] 12/5/2011 23:26

Haha nice 1. Hope you are well Cambium.

[cambium] 28/4/2011 14:08

Ooh I love this share!

[cambium] 24/3/2011 15:27

Buoyant Brooks Macdonald relaunches fund business
24 March 2011 | By Natalie Holt
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Wealth management firm Brooks Macdonald Group is relaunching its fund business in the summer led by former Scottish Widows Investment Partnership sales and marketing director Simon Wombwell.

It will combine specialist funds under the Braemar Group acquisition in July with the four existing Brooks Macdonald funds.


Wombwell became an executive director at the company last month and has been a non-executive director for nine years.

The firm revealed the plans alongside the release of its int- erim results for the six months to the end of December 2010.

Brooks Macdonald posted a profit of £3.6m for the second half of last year, up by 24 per cent from £2.5m in 2009.

The interim profit came despite being hit by a Financial Services Compensation Scheme levy of £545,000.

Turnover for the period leapt by 53 per cent from £16.4m to £25.1m.

Discretionary funds under management at the end of the year were £2.69bn, an increase of £500m over six months.

Chief executive Chris Macdonald says: "The company has had another strong period with growth across all of its activities, underpinned by continued strong performance from our fund management teams and the support received from the professional intermediary market. We continue to look to grow and invest across the business."

Equilibrium Asset Management investment manager Mike Deverell says: "It seems like a natural move for Brooks Macdonald as it has shown it can grow funds under management

[verymaryhinge] 07/3/2011 08:17

stealth stock - loverly.. hell of a price on it now though..

[cambium] 05/3/2011 21:17

Looking forward to the 16th,

Normal service resumed here

[cambium] 28/1/2011 08:57

The interim results for the six months to 31 December 2010 will be announced on 16 March 2011. The Company is currently trading ahead of market expectations.

[nephie] 20/1/2011 12:08

Quarterly Announcement of Discretionary Funds Under Management

As at 31 December 2010 funds under management were £2.67 bn

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

[m.t.glass] 19/1/2011 11:55

FUM up 23% in 6 months

[darias] 19/1/2011 07:50

Company appears to be still growing.

[nephie] 10/1/2011 21:31

Very happy here

[cambium] 07/1/2011 15:43

cheers Mary! thatll explain the rise over the past few days, retail volume

[verymaryhinge] 07/1/2011 15:38

is in the Collins Stewart list of stocks for 2011 - one of 2 microcap picks..

[cambium] 07/1/2011 14:55

I think Montenaro are just buying for there funds, I dont think they are the real predator here.

[darias] 07/1/2011 09:59

It would take a mighty big swallow and we have not seen any large orders being filled. Still very small purchases of a tightly held stock.

You seem to be suggesting that Montenaro will be looking to T/over. I would have thought that they would be obliged to come out and say so if they are really interested. They cannot get hold of enough stock without it being a risky play without coming out into the open.

I am concerned that with such a tight hold on the stock that when/if Montenaro start selling the price could fall just as quickly as it has risen.

[m.t.glass] 07/1/2011 09:48

Or is there a possibility that the whole company might be snapped up by a bigger player?

[darias] 07/1/2011 09:35

Are we going to get another RNS to state that the directors, out of the goodness of their hearts are going to sell their options to institutional shareholders as they are philanphropic like that.

[m.t.glass] 07/1/2011 09:13

This has more than quadrupled in two years