Brooks Share Price (BRK)

Have to say at around £27 I see profit taking or top slicing as a reasonable case. I note the recent new branch openings at BM which will involve a ramp up of costs and thus pressure on margins in the short term . I note ( per my previous post! ) that for 2022 Peel Hunt make Rathbones top sector pick lauding the recent acquisition. Whilst I have not looked closely at this myself ( too much in the sector already ) on fundamentals you could argue it makes sense

Once again Martinv, found your observations of great interest. Will be staying invested on Brooks, assume you will also, despite some doubts as to future events.

Yes you are correct just pumped up by IC in a report copied mostly from similar comments from Peel Hunt ( brokers to BM ). Odd to note that BM has out performed Rathbones by over 50% in share price terms in the last 3 years. Latter looks good value and suffered from the same over paying for acquisitions which was the domain of BM. Still do not see where BM goes from here. You might want to note the stream of director share sales which seem to be becoming a regular feature. Without further culling of the huge finance and compliance teams I can see margins contracting again and even the CEO says staff costs will rise significantly next year. Odd the latter does not deem a mention from IC pump.

Think am correct sp now at all time high.

Thank you, helpful and very interesting answer.