Brulines Share Discussion Threads

[sheik yerbouti] 06/5/2009 13:38

Nice move up today on just a couple of buys.

I see Charles Stanley has a 145p target, Brewin 135p and Cenkos 134p.

[sheik yerbouti] 23/4/2009 13:53

Let's hope the presentation today tempts the institutions. These are a bit under the radar at the moment.

[wjccghcc] 09/4/2009 08:23

Yup, been buying back at 85p. Good management with a strong recurring revenue model and significant upside if they expand Vianet/Edensure.

[sheik yerbouti] 09/4/2009 08:20

Decent trading statement - in line and progressive dividend policy maintained. Yield is about 6.5%.

[jeffian] 17/6/2008 09:44

Press Release
17 June 2008





Brulines (Holdings) plc

('Brulines' or 'the Group')




Final Results

Brulines (Holdings) plc, the market leading provider of real time monitoring systems and data management services for the UK Leisure Sector, is pleased to announce its final results for the year ended 31 March 2008 on an IFRS basis.




Highlights




Revenue improved as anticipated to £17.06 million (2007: £16.76 million)


Operating profit increased 56.5% to £3.99 million (2007: £2.55 million)


Profit before tax increased 75.7% to £4.17 million (2007: £2.37 million post exceptional items)


Gross margins improved to 53.4% (2007: 43.5%)


Earnings per share increased by 65.1% to 11.84 pence (2007: 7.17pence)


Recurring income streams now 64% of turnover


Final dividend of 3.55 pence per share giving a full year total of 5.0 pence per share (2007: 3.0 pence per share )


Acquisitions successfully integrated


Satisfactory progression on new installations taking the total installation base to over 21,500


This has all the makings of an overlooked gem. I doubt today's results will attract much attention because a) it's a tiddler and b) it's probably regarded as being 'in the pubs business' which is currently under the cosh. But look at the service it provides to the pubs business (monitoring beer flows and the cash generated by gaming machines). In a downturn, this is more important than ever to pub owners who need to make sure that every penny is coming back to them and not 'leaking' out into other hands. Installations will continue, revenues will continue to grow and margins will stay high.

Regards, Ian

[jeffian] 15/4/2008 12:33

Good trading statement today.



I doubt anyone'll take much notice of such a tiddler in the current market but when normality returns the growth potential here will be appreciated.

Regards, Ian

[jeffian] 11/12/2007 12:27

As a former investor in Comprehensive Business Services (which used to own Brulines) I've always had a bee in my bonnet about the way it was taken off us and refused to darken their doors again with my money but..........but.....

It's a great business and one shouldn't let the emotions rule the head in this game so, now that they've removed the crook Derrick Collin (any chance of our money back, Derrick?) and installed a new management, I've climbed back on board today having seen the results. Good, weren't they? Looks like we're on a current-year PER around 10x and 3.4% divi yield. Not bad for such good growth prospects.

Regards, Ian

[masurenguy] 11/1/2007 17:48

Listed on AIM at 123p in October 06. Looks interesting.

Any chance of getting their RNS announcements included in the header ?
Also the price charts are a bit misleading since the price has moved from 123p to 148p since listing rather than 0 to circa 150p.

Summary of first post IPO interim announcement below:

Press Release 5 December 2006


Brulines (Holdings) plc
('Brulines' or 'the Company')

Interim Results


Brulines (Holdings) plc (AIM: BRU), the leading provider of volume and revenue
protection systems for draught alcoholic drinks in the UK Licensed on-trade,
today announces its Interim Results for the six month period ended 30 September
2006.

Highlights:

* Joined AIM in October 2006, raising £7 million (net proceeds)

* Proforma turnover increased 102% to £9.24 million (2005: £4.56 million)

* Underlying trading profit (EBIT) of £1.85 million (2005: £0.9 million)

* *Adjusted profit before tax of £1.60 million

* Successful roll out of Enterprise Inns installations

* 2,889 new installations and 1,133 system upgrades (2005: 954 installations)

* Trials of Brand Quality Monitoring ('BQM') ongoing in tenanted and managed sectors

* Successful acquisition and integration of Corporate Management Services Ltd ('CMS'), enhancing
Brulines' position in 'gaming' machines market

* this represents profit before taxation, exceptional items and amortisation of
goodwill


Commenting on the Interim Results, James Newman, Chairman of Brulines, said:


'During the last six months, the business has undergone a period of significant
change, including admission to AIM. The primary reason for listing on AIM was
to give the Company a stronger financial base from which to significantly expand its activities. These include the development of new products and markets as well as looking for suitable acquisitions. The higher profile and increased financial strength as a result of the flotation will provide a good foundation from which to expand the Company's activities.

'The excellent trading performance in the first half together with an increasing proportion of contracted revenue and the introduction of new products into the market give the Board confidence that further progress will be made in the second half of the year.'


- Ends -