Braemar Shipping Services (BMS)

Sector:

Commercial Transport

Index:

FTSE Fledgling

167.50p
   
  • Change Today:
      7.50p
  • 52 Week High: 233.50
  • 52 Week Low: 160.00
  • Currency: UK Pounds
  • Shares Issued: 31.67m
  • Volume: 28,897
  • Market Cap: £53.05m
  • RiskGrade: 198

Braemar revives 'Wavespec' brand after divestment of technical businesses

By Josh White

Date: Monday 19 Aug 2019

LONDON (ShareCast) - (Sharecast News) - Shipbroking, financial advisory, logistics and engineering services provider Braemar Shipping Services announced that its engineering division had been rebranded as 'Braemar Wavespec' on Monday.
The London-listed firm said the rebranding of the division followed its recent divestment of three of its four technical business lines - offshore, adjusting and marine - through the creation of AqualisBraemar ASA.

Braemar said the engineering division, which remained with the company, had reverted "to its roots" with the Braemar Wavespec brand.

It explained that Wavespec, founded in 1993 and acquired by Braemar in 1997, was "renowned" throughout the shipping industry for providing technical consultancy and owner's engineering services to the oil and gas shipping and terminal industries, particularly in liquefied natural gas (LNG).

The division traded as Wavespec until 2012, when Braemar's technical business units were integrated under the Braemar umbrella, and later rebranded as Braemar Technical Services.

"We are excited to officially bring back 'Wavespec' to our brand," said Braemar Wavespec managing director Sheila McClain.

"Industry veterans will remember the Wavespec name from our involvement in pioneering LNG projects from the first FSRUs and Q-Flex/Q-Max ships to the multiple owner's engineer roles on existing and projected onshore facility projects.

"We have several exciting projects underway so they can look forward to seeing the Wavespec brand leading the way again."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BMS Market Data

Currency UK Pounds
Share Price 167.50p
Change Today 7.50p
% Change 4.69 %
52 Week High 233.50
52 Week Low 160.00
Volume 28,897
Shares Issued 31.67m
Market Cap £53.05m
RiskGrade 198

BMS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.54% above the market average91.54% above the market average91.54% above the market average91.54% above the market average91.54% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Price Trend
61.87% below the market average61.87% below the market average61.87% below the market average61.87% below the market average61.87% below the market average
44.44% below the sector average44.44% below the sector average44.44% below the sector average44.44% below the sector average44.44% below the sector average
Income
95.35% above the market average95.35% above the market average95.35% above the market average95.35% above the market average95.35% above the market average
84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average
Growth
28.08% below the market average28.08% below the market average28.08% below the market average28.08% below the market average28.08% below the market average
12.50% above the sector average12.50% above the sector average12.50% above the sector average12.50% above the sector average12.50% above the sector average

BMS Dividends

  Latest Previous
  Interim Final
Ex-Div 31-Oct-19 20-Jun-19
Paid 13-Dec-19 26-Jul-19
Amount 5.00p 10.00p

Trades for 25-Feb-2020

Time Volume / Share Price
16:33 1,000 @ 163.00p
15:31 6,039 @ 165.50p
15:09 1,049 @ 165.35p
14:17 2,194 @ 165.50p
12:40 200 @ 168.00p

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