Got out of this one as its problems started to become evident last year, but is it now time to get back in and recover some of the losses I made?
Finals are due in March and we are now in the closed period. The poor results are expected and built into the price. The profits warning also said that despite the legal battle with a non paying customer (Hence the warning) its back office metals and oil trading software would be rolled out in Q1 of 2006 and that this year would see the lead pipeline converted into sales.
This is definitely not for widows and orphans, but I feel the stock was probably oversold anyway following the profits warning and the market has lost sight of what a profitable little company this was prior to floatation and the legal battle. If the orders really are coming and the legal challange is as unfounded as the management seem to think in their RNS releases, this share could have a belting 12 months ahead.
But as I said, not for widows and orphans, and be prepared to take a gamble.
What do other posters think?
Alan

The high of 2 years ago was 110p so there is plenty to go for, and with net cash there is a low likelihood of dilutions.

Good Morning.
super trading update this am.
Turnover at least 10% above expectations, profits above expectations, 3 new contracts.
Alan

Yes, nearly added this morning , but decided to be content with what I have!

25% rise means i am now breaking even :-)))
What I lost on the way down I have gained on the way up and I think there is plenty to come.
Alan

Alan, my average price is 34p, which puts me nicely into profit, but like you I guess, my first purchase was at somewhat higher price.
Sometimes averaging down does work out!
Rod

Up again on such low volume. MMs must be really short of stock and need some sellers. Not me though!

Continuing to make good progress towards my 1 target!

Double bagger since thread started, but Lord alone knows what has caused a very healthy rise today.
alan

Looking good for further progress!

BRADY PLC

FINAL RESULTS

For Release 20 March 2007

Brady plc ('the Group'), the leading supplier of software solutions for global
commodity trading, announces its results for the twelve months to 31 December
2006.



HIGHLIGHTS

Trading performance:

Turnover up 91% to 4,635,865 (2005: 2,431,609)

Profit before tax 805,239 (2005 restated: loss before tax 1,080,646)

Cash inflow from operations was 865,698(2005: outflow of 678,930)

Cash balance 4,917,000 (2005: 3,604,744)

Maiden dividend of 1p per share


Operations

Nine contract wins for Trinity v600 from March 2006 to January 2007

Trading products are now used on six continents

Outlook

Group has announced its intention to expand international sales and service
operations

Group is in active discussions with further prospective customers


Graham Simister, Chairman of Brady, said:

Brady plc made pretax profit in 2006 and signed sufficient contracts in the
year for the Board to be optimistic for the outcome in 2007. The Group signed
up a number of very well known new clients in 2006 and hopes to do so again in
2007. The Group is experiencing strong market 'pull' into international service
operations, and on 10 January 2007 appointed Peter Harverson as non-executive
director and consultant to the Group, with a specific remit to assist the
planning, execution and control of the growth of the Group's international
sales and distribution operations. This is the first step in a process of
strengthening the Board to further the Group's continuing development. I
believe our recommendation of commencement of dividends reflects our confidence
in our short and medium term future.


Copies of the annual report and accounts will be posted to the shareholders
shortly and will be available on the company's website
www.bradyplc.com

Excellent results and a maiden divi!!
Very pleased.
Alan

BTW,
My favourite point about this share is that the directors were always very honest about the companies position. This made it very easy to read when was a good time to get in, and is a good sign for reading todays results.
Alan

Nice update today.
30% ahead of last year, and in line for this year.

Sold 25% of holding yesterday ahead of this update. Lack of information on new clients was a bit disappointing imo........................Rod

Quiet for ages then this. Typical.
Cheif exec. buying a shedful at 44p. Above market quote!!
What does he know, then??
The news has upped the sp by 17%.

Yes, good news. I bought back most of the shares I sold at 36p a few weeks ago, but will be looking for 60p+ again.

Todays results are half decent.
Rising T/O, rising divi and an optomistic outlook.

Brady to present at the London Innovators and Investors Forum

It is our pleasure to invite you to attend the forthcoming Innovators & Investors Forum on the 29th January 2013 at the Business Design Centre, London. This will be an exclusive invitation only event organised by Shares Magazine and Cenkos Securities.

As an active private investor, we are sure you would appreciate this unique opportunity to receive privileged access to 30 diverse, forward thinking and energetic technology companies at a single event.

Many of the exhibiting companies are currently involved in some very exciting projects in an effort to drive future growth, and development within their industries.

The event will be supported with an extensive conference program, including keynote speakers and company presentations.

We sincerely hope you are able to attend and that you find the experience both profitable and enlightening. Companies represented include:

1Spatial
Avanti Communications
Bango
Bond International Software Group
Brady
CML Microsystems
Corac
Cyan Holdings
eg Solutions
Energetix Group
eServGlobal
Forbidden Technologies
Fusion IP
Globo
incadea
InternetQ
IQE
KBC Advanced Technologies
Netcall
Optimal Payments
Plastics Capital
Probability
Quindell Portfolio
StatPro Group
WANdisco


Event time: 12.30pm to 5.30pm

Complimentary refreshments and luncheon provided

To register for this event please click here


CONFERENCE AGENDA AS AT 09.01.13
(To be updated once presentation speakers are confirmed)

12:30 Registration & Lunch

14:00 Keynote speaker - Richard Penny, Senior Fund Manager - Legal and General

14:15 Shares Magazine presentation - Russ Mould, Editorial Director

14:30 Company presentation - David Richards, President & CEO - WANdisco

14:45 Company presentation - Henrik Bang, CEO - Netcall

15:00 Company presentation - Marcus Hanke, CEO - 1Spatial

15:15 Company presentation - tbc

15:30 Coffee Break

16:00 Company presentation - Stephen Blundell, CFO - eServGlobal

16:15 Company presentation - David Baynes, CEO - Fusion IP

16:30 Company presentation - Stephen Streater, CEO - Forbidden Technologies

16:45 Company presentation - Charles Cohen, CEO - Probability

17:00 Company presentation - Simon Smith, Non-Executive Director - Cyan Holdings

17:15 Close

This agenda is subject to change and alterations

For further information, please visit our events page

Solid set of results here,,,,,,,,,,IMO