Brown (n) Share Discussion Threads

[red ninja] 28/9/2021 13:31

Boystown,

I am not expecting a profit warning, but what makes you so sure there cannot be one ?

[boystown] 28/9/2021 12:42

Notice of results RNS is good news; means they aren't going to warn on profits.

[transhoneyqueens] 22/9/2021 16:03

Paulof was a top poster and seems to known this stock inside out / very knowelagable ... shame he no longer posts

[muffster] 20/9/2021 22:37

Is the header a bit misleading....there is only a breakdown. Earnings have declined by 34.1% per year over past 5 years

[alba_gu_brath] 20/9/2021 22:24

Think you missed your chance to top up sub 50p, interim results in a few weeks.... Will we see the return of the.dividend?

[hotaimstocks] 20/9/2021 11:22

looks like 50p then onto 40p ... keep shorting

[red ninja] 16/9/2021 12:02

Jackson83
Can you provide your workings for this 45p target ?

[jackson83] 16/9/2021 11:55

could bee 300p within 2 years from now.

[red ninja] 15/9/2021 09:34

Mmm the truth is the share price is looking pretty stable today.

[hotaimstocks] 15/9/2021 09:05

people dumping in the 51p's today ... could go sub 50p or even as low as 45p again ... URGENT BUYERS NOW NEEDED ASAP.

[red ninja] 09/9/2021 09:06

Seems to be a bit more volatile today.

It almost looks like it might test 50p, but there is a lot of resistance so maybe it will bounce.

[alba_gu_brath] 08/9/2021 20:04

Thanks red ninja, much appreciated.

[red ninja] 08/9/2021 10:14

Looking at 2019, they issued a trading update on 20th June 2019 and results came out
10th Oct 2019.

This year we had trading update 17th June 2021, thus, I would expect the results on or slightly before 10th Oct 2021.

[alba_gu_brath] 07/9/2021 19:52

Do N Brown usually issue a trading update in September? I koow they didn last year but nor sure if that'was done as the half year results were delayed.

[red ninja] 04/9/2021 08:55

Who is saying that ?

[jackson83] 03/9/2021 23:35

some are saying 80p on results day

[transhoneyqueens] 02/9/2021 06:39

waiting to top up again at 47p

[red ninja] 01/9/2021 09:34

Measurenguy

I think most are aware of the extension to the existing contingent liability from Allianz although worth stating it again.
However, it did look oversold at a price in the 40s. At the current 54-54.5p price range it's a bit more of a gamble on how next March's court case pans out.

[masurenguy] 01/9/2021 09:24

The shareprice here is likely to remain becalmed until the legal dispute with Allianz has been resolved. N Brown had disclosed a contingent liability of £29m in relation to the Allianz claim in the preliminary accounts to 27 February 2021, which the company anticipated represented the maximum downside. However, Allianz subsequently increased the scope of its original claim and it believes the extension to be worth £36m,which takes the total contingent liability up to £65m.

A contingent liability reflects the possibility of a future fund outflow. That differs from a provision which relates to a probable outflow of funds. The company said the claim and counterclaim are ‘extremely complex, and proceedings remain at an early stage.’ However, it is scheduled to be heard in court sometime next year unless the two companies can resolve the matter through private arbitration.

Meanwhile existing investors seem to be holding firm with the Alliance family controlling circa 52% and the following 10 institutions holding 40.7% between them.

Schroder Investment Management: 12.78%
Coutts & Co: 6.08%
UBS Asset Management: 5.55%
Hargreaves Lansdown Asset Management: 3.37%
J.O. Hambro Capital Management: 3.03%
Hargreaves Lansdown Stockbrokers: 2.66%
Northern Trust Global Investments: 2.16%
Banque Lombard Odier & Cie SA: 1.85%
Chelverton Asset Management: 1.85%
EdenTree Investment Management: 1.36%
Total Institutional: 40.69%

[alba_gu_brath] 31/8/2021 13:29

Hopefully see a return of the dividend - think it would be released with half year results in October though.

[transhoneyqueens] 27/8/2021 15:38

top up time before the dividend news in September

[jackson83] 25/8/2021 21:50

wait for director buys before a top up

[red ninja] 24/8/2021 09:10

Share price seems to be gently accumulating.