Brooks Macdonald Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:BRK.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9168098 BY
David O'Hara
Published in Investing on 16 January 2012
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A candidate for investor of the year reveals his favourite small-cap ideas.
Monday, January 16, 2012 By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRK.L&display=discussion&id=9168098&action=detail Mon, 16 Jan 2012 15:31:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8747582 http://www.iii.co.uk/investment/detail?code=cotn:BRK.L&display=discussion&id=8747582&action=detail Wed, 14 Sep 2011 19:33:00 GMT alltold9 tag:iii.co.uk,2003:tst.8747294 14/09/2011 Miles Nolan
http://www.growthcompany.co.uk/recommendations/1655103/brooks-macdonald.thtml


Following another record performance, wealth management group Brooks Macdonald (BRK) is to reward its shareholders with a 67% hike in the dividend to 15p a share.

When listing on AIM back in 2005 it had £315m under management however this is now up to £3bn - up 36% in the year to June. Over the same period sales jumped 49% to £52.2m as pre-tax profits increased 28% to £7.3m. The balance sheet is also looking strong with cash and liquid assets of £18.5m, worth 175p a share.

The improved performance was despite forking out £545,000 for a charge levied by the FSCC, due to the failings of firms that include Keydata and several bucket shops. In August it paid £1.56m for the investment management activities of regional law firm Clarke Wilmott - a move that has helped established a Taunton office and deliverd £120m of discretionary client assets.

Brooks acquired Braemar Group last year, which has proved to be a smart move. It now manages over £750m of property assets and has enabled Brooks to set up a new Funds Business that will work alongside three Braemar funds and a Structured Growth Fund.

Speaking to Growth Company Investor chief executive Chris Macdonald said 'the macro position remains poor, however stock selection is the name of the game.' He sees plenty of opportunities for further acquisitions, but the fit 'has to be right'. The advent of the Retail Distribution Review in 2013 is also expected to be a positive for Brooks.

Broker Collins Stewart remains a fan and predicts 2012 pre-tax profits of £8.3m and EPS of 57p. Despite the undoubted quality of the business, we continue to rate the shares as a hold due to their high rating, however they are a worth buying on weakness.

Tags: Acquisitions, AIM market, Financial services, FSCC, Taunton office

Sector: Financial Services

Companies: Brooks Macdonald

Market cap: £129.9mPE Forecast: 21.5
Share price: 1223p By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRK.L&display=discussion&id=8747294&action=detail Wed, 14 Sep 2011 18:10:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8193904 ')" target="_new" rel="nofollow">http://brokermandaniel.com/2011/02/15/range-resources-50p-minimum-target-hold-more-news-due/

http://www.traderstreasure.com/page12/files/58e44bfdd2e6a3d8c84daa366cfe8ff5-97.html By dickie3times ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRK.L&display=discussion&id=8193904&action=detail Sun, 01 May 2011 20:29:00 GMT dickie3times tag:iii.co.uk,2003:tst.7977026
16/03/2011 Miles Nolan

Fast growing wealth manager Brooks Macdonald (BRK) has reported a solid set of figures, despite a higher than expected charge of £545,000 levied by the FSCC.

In common with its rivals, Brooks has been forced to stump up for the failings of firms such as Keydata and a number of bucket shops.

Founded in 1991 the AIM counter has grown its funds under management consistently, and in the six months to 31 December the figure increased by a useful 46% to £2.7bn (2009: £1.85bn).

Brooks relies on professional intermediaries to recommend its services, so the 25% uplift in introducers to 200 should help boost future growth.

Interim results confirm sales rose 53% to £25.1m as pre-tax profits stepped up 24% to £3.06m. Last year Brooks acquired fellow AIM listed wealth manager Braemar for £4m and though it chipped in a loss due to reorganisation costs, the business did increase its properties under management by £200m.

Brooks has over 2,500 clients with 42% of discretionary funds invested in SIPP's and the same percentage of account holders opting for medium risk investments.

New initiatives include a specialist funds business to be launched in the summer - this will have £130m under management by combining existing funds in the group.

The forthcoming Retail Distribution Review (RDR) will shake up distribution models in the industry but Brooks expects this to bring opportunities.

With £12.5m of net cash Brooks has significant headroom over its regulatory requirements of £2.5m, so further bolt-on acquisitions can be funded without recourse to shareholders.

Broker Collins Stewart has a 1250p share price target and has pencilled in 2011 profits of £7.4m and EPS of 48p.

Brooks floated in 2005 at 140p a share and has soared thanks to soaring profits.

The current rating is high, but deservedly so.

Hold.

Tags: AIM market, Braemar, Collins Stewart, Funds under management,

Growth company

Sector: General Financial

Companies: Brooks Macdonald

Market cap: £120.2mPE Forecast: 23.7
Share price: 1138p By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRK.L&display=discussion&id=7977026&action=detail Wed, 16 Mar 2011 17:47:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.7122420
Bespoke wealth manager Brooks Macdonald, whose attractions Growth Company Investor highlighted at 279.5p in 2009, is seeing growth across all parts of its business.

The provider of fee-based discretionary asset management and financial services for private clients and pension funds, with offices in London, Hampshire, Manchester, Tunbridge Wells and Edinburgh, recently unveiled finals to June that delighted on every level.

CEO Chris Macdonald reported 78% pre-tax profits growth to £5.7m, on revenues up 61% to more than £35m and from earnings up 70% to 38.1p, hiked total dividends from 5.5p to 9p. ‘Last year’, he explained, ‘we were pushing with a headwind. However, this time around, we benefited from a tailwind’.

Funds under management grew 57% to £2.186bn at ‘Brooks’, reflecting its robust model, consistent investment performance and new business generated alongside IFAs and professional introducers. Growth was achieved across all areas, from SIPPs, now representing 42% of funds under management, to private portfolios and the emerging managed portfolio service. The bulk was delivered organically, augmented by office openings, alliances inked with introducers and last year's Lawrence House acquisition.

Since year-end, Brooks has hit the acquisition trail again, buying Braemar, manager of over £500m of property and £45m in specialist funds, in a £4m deal, set to enhance earnings ‘over the medium term’. Longer-term, Macdonald sees the forthcoming Retail Distribution Review (RDR), which will shake-up the distribution models of most financial services firms, as ‘a huge positive’ for his business.

If you are yet to bank at least some gains, consider doing so now, with the shares swapping hands for almost 24 times historic earnings. But make sure you stay meaningfully invested, since further bountiful growth is on the way.

http://www.growthcompany.co.uk/recommendations/1289238/brooks-macdonald.thtml By petrit ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRK.L&display=discussion&id=7122420&action=detail Fri, 22 Oct 2010 16:32:00 GMT petrit tag:iii.co.uk,2003:tst.7054519 The Motley Fool: To Educate, Amuse & Enrich
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Print
Monday 11 October, 2010
Brooks Macdonald Grp
Director's Dealing
RNS Number : 1938U
Brooks Macdonald Group PLC
11 October 2010




Brooks Macdonald Group PLC

(the "Company")



Director's Dealing



The Company received notice that Collin Harris, a Non Executive Director of the Company, today purchased 3,293 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 905p per share.



Collin Harris's beneficial interest in the Company following this transaction is 3,293 Ordinary Shares representing approximately 0.03% of the Company's total voting rights.





Enquiries:



Brooks Macdonald Group PLC



Chris Macdonald, Chief Executive


+44 (0)20 7499 6424 begin_of_the_skype_highlighting +44 (0)20 7499 6424 end_of_the_skype_highlighting

Simon Jackson, Finance Director







Collins Stewart Europe Limited



Bruce Garrow


+44 (0)20 7523 8350 begin_of_the_skype_highlighting +44 (0)20 7523 8350 end_of_the_skype_highlighting


ENDS

This information is provided by RNS
The company news service from the London Stock Exchange

END


RDSGGGQAUUPUGPG

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By Austrobrit ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRK.L&display=discussion&id=7054519&action=detail Mon, 11 Oct 2010 14:01:00 GMT Austrobrit tag:iii.co.uk,2003:tst.6718506
"Brooks Macdonald share price has more than trebled over the past 18 months. Its first quarter results were extremely strong, with revenue, pre-tax profits and earnings per share all sharply higher. The company also begun paying dividends for the first time.

A statement released this morning reported this trend had continued. 'The group has benefited throughout the period from an encouraging and continuing inflow of new business. The group's results to 30 June 2010 will be ahead of market expectations.'"

rest - http://citywire.co.uk/wealth-manager/brooks-macdonald-jumps-7-on-forecast-busting-trading-update/a414361
By quannum ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRK.L&display=discussion&id=6718506&action=detail Wed, 04 Aug 2010 13:24:00 GMT quannum tag:iii.co.uk,2003:tst.6715150 http://www.iii.co.uk/investment/detail?code=cotn:BRK.L&display=discussion&id=6715150&action=detail Tue, 03 Aug 2010 20:30:00 GMT Fruit Batman tag:iii.co.uk,2003:tst.6166490
http://www.growthcompany.co.uk/recommendations/1206108/brooks-macdonald.thtml By InvestingGarden ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRK.L&display=discussion&id=6166490&action=detail Thu, 01 Apr 2010 11:10:00 GMT InvestingGarden tag:iii.co.uk,2003:tst.5844788
http://www.growthcompany.co.uk/recommendations/1107873/brooks-macdonald.thtml By InvestingGarden ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRK.L&display=discussion&id=5844788&action=detail Fri, 22 Jan 2010 11:30:00 GMT InvestingGarden tag:iii.co.uk,2003:tst.5089577
http://www.growthcompany.co.uk/recommendations/1059692/brooks-macdonald.thtml By InvestingGarden ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRK.L&display=discussion&id=5089577&action=detail Wed, 22 Jul 2009 10:20:00 GMT InvestingGarden tag:iii.co.uk,2003:tst.3129706 http://www.iii.co.uk/investment/detail?code=cotn:BRK.L&display=discussion&id=3129706&action=detail Wed, 29 Mar 2006 00:49:00 GMT optomist330