No advice intended, please do own research, this is post from LSe bb forums
Results just 11 trading days away now. From the April update we know this should show an improved performance of the fund management unit, and substantial increases in the value of investments in Paraytec Limited and Kirkstall Limited. This should give a substantially increased profit after tax for the year. Given profit last year was £780k, I would expect profit to be around £1m+ for the year.

We also know that Kirkstall has a worldwide marketing and distribution agreement in place with Lonza, who are a big global player in supplying to the pharm and biomedical industries. The directors of Kirkstall are trying to raise money at a pre-money valuation of £5.6m. Given Braveheart hold 43%, or 37.6% diluted, this could value their share at £2m+, when BRH currently recognise the value of their share at £287k, so this could mean a revaluation (and effective profit to BRH) of over £1.5m if the funding is successful.

We know that Paraytec produce a range of award winning UV area imaging detectors, used in scientific research. Given the expected significant revaluation of Braveheart's investment, I expect to hear that this business is performing strongly and growing its customer base.

Gyrometric produce a digital measurement system that has the potential to improve efficiency and save money when applied to various industries, such as the operation of ships, and wind turbines. The company has suggested its focus on developing the wind turbine market, and 2 recent posts on their website suggest that this is progressing well.

The group also has its fund management business, which generated good revenue, and achieved a profit of £300k+ in the prior year, and the April update suggested that this was improved upon in 2018.

So the results on the 19th, in my opinion, should show significant progress has been made by the group and its portfolio, with a profit of around £1m, £1m+ in cash, and net assets of £3.5m+. I also expect a bullish outlook for 2019 performance, with further progress expected to be made in all 3 of the group's key investments. Versus a market cap of £4.4m, this seems very good value to me.