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BRU Brulines

107.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Brulines BRU London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 107.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
107.00
more quote information »

Brulines BRU Dividends History

No dividends issued between 26 Apr 2014 and 26 Apr 2024

Top Dividend Posts

Top Posts
Posted at 09/3/2012 10:04 by jeffian
Ref #47 and #48, I must be going completely ga-ga in my old age as I had forgotten that BRU hold a stake of around 12%(?) in UNG acquired in 2009. I think #47 is confusing the tail with the dog!
Posted at 03/3/2012 15:19 by jeffian
simonh88,
I'm a shareholder in Brulines and I have to admit I'm yet to be convinced by the diversification into Petrol Forecourt Services (PFS), but I don't understand why you think Htec have such dominance that you "don't give it much chance". Universe had total (declining) revenues of £11.29m last year, of which PFS provided £7.726m. Brulines had total revenues of £25m in the period of which PFS (which was set up in the period by the acquisition and integration of 3 companies) provided £6.12m. It also seems that they share some of the same customer pool as Brulines Fuel Solutions claim a customer list including Shell, Total, Tesco, Sainsburys, Asda and Morrisons.



It hardly looks like BRU are the minnow attacking a market dominated by UNG; it looks more like two small AIM companies operating in the same market, of which UNG is the considerably smaller of the two overall.

Maybe there's a case for acquisition/merger?!
Posted at 09/12/2011 13:16 by ar4plcscom
Just came across Brulines interims and while profits have fallen dividend has been retained giving a fair yield. Going to do more research before deciding whether to take the plunge and buy some shares.
Posted at 11/4/2011 11:16 by jeffian
druinsky,

See my post 36 above. Derrick Collin's unfortunate past was 'spent' and deemed irrelevant by the time of his involvement with CBS, from which he was able to make two little fortunes - firstly by reversing his Brulines business into it in 1999 at 65p/share giving him cash and a controlling interest in CBS, then by forcing it into Voluntary Liquidation in 2002 (against the advice of the independent Directors, who were unceremoniously removed) and buying it back at 20p/share. The reason given for the VL at the time was that uncertainty about orders meant they may have insufficient working capital, but this was disputed by the independent Directors, and shareholders also indicated that they would put up additional capital if required to tide over a temporary situation. To no avail. Brulines re-floated in 2006 at around 145p/share at which point DC 'left the building' (pockets stuffed with cash, no doubt) so the answer to your question is, yes, this now has new management and, no, he is no longer involved.

Apparently, he has formed a competitor to Brulines called Cellarstream. I did mail BRU to ask how this could be and surely he would have been made to sign a non-compete contract on leaving. That was nearly a year ago; I'm still waiting for the answer!
Posted at 29/10/2009 13:37 by jeffian
Hooray! There is life on Planet BRU!
Posted at 29/10/2009 12:39 by jeffian
Any other BRU holders out there? Surprised there's been no comment on the strength of recovery since the lows of April. The OFT decision not to enquire further into the beer 'tie' has lifted an element of uncertainty and today's contract with Greene King is a vote of confidence from one of the largest regional/national brewers. At around 10x 2008 eps with a 4% div yield and good growth prospects, it's not an expensive share IMHO.
Posted at 14/9/2009 15:59 by wjccghcc
I doubt BRU would be interested in the whole company. More likely to use their shareholding as leverage to force the disposal of the petrol forecourt division.
Posted at 19/6/2009 07:58 by sheik yerbouti
According to Citywire press round up, BRU has been tipped in the IC today.
Posted at 13/6/2009 14:34 by scumdog
This ticks a lot of boxes - increasing recurring revenues, increase in dividend, balance sheet not weighed down by debt, current share price below placing price of 125p in December 08, £4m pre-tax profit with a market value of £25m, share price on an upward trend ...
Quoted share price spread of 4p not brilliant but to be expected for this type of AIM company. Anyway, looks as though one can trade within the spread. Can see this getting back to 130-140p over the next 6 months or so.
Posted at 09/6/2009 08:03 by sheik yerbouti
Nice results and dividend. 79% recurring revenues, they sound confident of further growth so maybe brokers will upgrade forecasts.

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