Braemar Shipping Services (BMS)

Sector:

Commercial Transport

Index:

FTSE Fledgling

262.00p
   
  • Change Today:
    -0.50p
  • 52 Week High: 310.00
  • 52 Week Low: 123.00
  • Currency: UK Pounds
  • Shares Issued: 32.15m
  • Volume: 69,129
  • Market Cap: £84.24m
  • RiskGrade: 201

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 262.00p
Change Today -0.50p
% Change -0.19 %
52 Week High 310.00
52 Week Low 123.00
Volume 69,129
Shares Issued 32.15m
Market Cap £84.24m
RiskGrade 201

BMS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.98% above the market average80.98% above the market average80.98% above the market average80.98% above the market average80.98% above the market average
29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average
Price Trend
71.79% above the market average71.79% above the market average71.79% above the market average71.79% above the market average71.79% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
16.94% above the market average16.94% above the market average16.94% above the market average16.94% above the market average16.94% above the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Growth
22.77% above the market average22.77% above the market average22.77% above the market average22.77% above the market average22.77% above the market average
78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average

BMS Dividends

  Latest Previous
  Final Interim
Ex-Div 22-Jul-21 31-Oct-19
Paid 01-Sep-21 13-Dec-19
Amount 5.00p 5.00p

Trades for 15-Oct-2021

Time Volume / Share Price
16:38 15,000 @ 260.50p
17:05 5,250 @ 262.00p
16:18 1,000 @ 260.00p
16:14 381 @ 260.00p
15:58 189 @ 261.96p

BMS Key Personnel

Finance Director Nick Stone

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