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Also, total bought v sold for the day is wrong, two transactions were clear buys shown as sells, real total should be £64k bought and £61k sold, yet we ended down by 3% and was NT to buy for large amounts most of the day... All the indications to show books are being rebalanced and orders being filled...

I don't usually believe in stories about SP dropping because of MMs etc... but today, for the first time in my trading career, it has certainly felt like it! Dropped twice whilst at the same time being NT to buy, never experienced something like it before!

Really feels like they are doing everything they can to entice people to sell whilst filling in orders...

We shall see... Regardless, plenty of news due here, no large holders selling, in fact, we have one buying more and at the current price, it really feels like an open goal!

Can see BRH starting to get noticed now. Many will be watching out for the June 19th RNS Just a matter of time now, no placing worries, and a strong indication/confirmation that things are going in the right direction with the 3 main investments. Still currently undervalued as well.

As well today - incredible volume this week with over 10m shares traded, whatever overhang left will be cleared quickly with this kind of volume going into news rich territorry again in less than 3 weeks. + just 10% up from the lows as things stand, can't really go wrong buying at this level imv as the company is cashed up on top of that

Very interesting Barry. I think that TB has been extremely shrewed in all 3 of the main investments here. There's going to be a scramble to get in BRH as and when the placing is confirmed and more news from the other investments come in. The fact is, we are already way undervalued at the current SP & since TB took over, 2 legacy investments sold at 10x their book value & Kirkstall is now raising at circa 10x its book value. The book value for the full PF is/was circa �1m. I think it's worth at least �5m right now tbh, but will rise to �10m+ in short order imv This doesn't even include the cash held in the bank of circa �1.65m by now (should be confirmed within a week or two once the half year report comes out) and the �500k net profit per annum the company is still making managing the Viking and other funds. So a current <�5m mcap here is laughable or simply an incredible opportunity :-D I am still buying more as and when I can, building up my pos.

Obvs. meant "this month" & not "year"

Am expecting a strong mid year update this year and a completion of the Kirkstall placing which would make our current mcap totally incompatible with the reality, therefore, a rerate upon either of the above 2, esp. Kirkstal placing confirmation at a val. of circa �5m. would be idea for BRH

Day by day... "The investment in Kirkstall had a carrying value of �287,000 as at Braveheart's 31 March 2017 balance sheet date � the original cost of its investment. If the fund raising is successful, Braveheart said its stake in Kirkstall will be diluted to 37.65 per cent and the private placing will give Kirkstall a pre-money valuation of �5.6 million."

Half year update mid October last year, I suspect we will have at the very least a more robust update this year on many fronts, not least Giro + a confirmation of the Kirstall private placing hopefully, prior to. As a side note, the Kirstall investor could be a significant player in the niche market they are in, which could dramatically help the business along with the funding provided, another 10x value added in 2 to 3 years would then be quite realistic imv, that would make the current mcap paltry in comparison to the value of just one of the 3 main BRH investments...

Mcap @ ~18p is ~£4.8m BRH has no debt Is funded, which means no placing coming! Trevor Brown - He's done it once again (or is clearly in the process of now) Current valuation @ < than £8m is ridiculous: Cash @ bank was £1.4m end of March 2017 Current cash pos. Should be circa £1.65m as of September 2017 thanks 2 net profit of ~£500k/annum from its fund management business (see notes*) Portfolio valuation is just under £1m however, 3 main investments are at book cost + most legacy investments written off. This has now been proven by the pre book Kirstall raise which would give it a value of over £5m. alone, which means £2.4m owned by BRH for their 43% - so Kirkstall alone dwarfs the < than £1m PF in book value Each of the 3 main investments could get to £20m+ valuations by themselves in relatively short order, Kirstall looks like it is well on its way! What's more, 2 of the legacy investments have been sold at near 10x book costs in the last 2 years (Kirkstall ~ x9) My PF estimate is circa £5m for the full BRH portfolio (this could still go up massively short term) +£1.6m +£500k/annum at a PE ratio of 4 =£2m +listing & board value, say £400k Mcap should be ~£9m with lots of catalysts coming & currently undervalued by around 50% Main short term catalysts are: 1. Confirmation of the Kirkstall raise 2. News on Giro 3. General update and you can never write off another potential legacy sale which could land anytime as well. No sells today, would indicate the seller(s) may be out and the SP can finally move up another gear. #BRH Fund Management business: From http://www.braveheartgroup.co.uk/what-we-do/fund-management Braveheart Investment Group plc has a number of funds under management with the management function typically being undertaken by its subsidiary companies: Viking Fund Managers ('VFM') manages the £48m Finance Yorkshire Equity Fund, which invests in SMEs across the Yorkshire and Humberside regions. As well as the equity fund VFM manages the £5m Viking Growth Fund investing in early stage technology companies and the £1m Viking Loan Fund which provides SMEs with unsecured loans for working capital across the same regions. Strathtay Ventures manages the £10m Lachesis Fund, which supports seed stage technology investments for eight universities across the East Midlands region.

Just bought more, the SP should be in the mid 20's by now following the last set of truly outstanding results. The estimate value of the current investments is actually at cost, true value should be closer to £3m. atm IMV... £1.4m in cash, £500k net profit per annum until 2019 from the Viking fund (and it won't be ending then, just to be renegotiated), then you have the investments at £3m. imo. So £4.4m in current cash and assets & current net profit of £500k a year. Mcap atm is just £4m. you do the maths... This puts our £500k a year profit at a P/E of 4 if you deduct £1.4m in cash + £850k of assets or at minus something if you give the assets a value of £2.8m+ - never heard of any company with a PE ration in the negative... Quite simply a hidden gem with a truly respectable CEO in Trevor Brown at the helm. Any of the 3 main investments could be worth over £20m in the next 3 years. This is a buy and hold all day long at these prices. Not one for traders though. But an excellent value investment for th ISA :-)

Totally under the radar, BRH is a gem. It will flourish and when it does, the mcap will be way, way north of £10m. No debt, plenty of cash and generating profit every year whilst still being able increase holdings in key investments, any of the 3 could be worth in excess of £20m within the next 3 years. Won't be selling before then, I expect the SP to be around 100 at the very least by then. DYOR and all...

That's right, due by 30th June & imv they will contain an update on the RTO. It will also mark the end of the closed period which has been going on for ages, so further indication that something will be announced then!

Now available on Barclays :-)

Next week - I think this will move quickly - they've had PLENTY of time to work on Stone checker over the last year (almost a year) being suspended & will be making quick and efficient use of the placing money (Trevor is a genius when it comes to that) which btw, was closed within an hour and extremely over subscribed.

Hi guys, Does any one know what the current debt/overdraft facility is and what the current cash position of the company is? Looks like they are low on cash and functioning off their debts looking at the accounts, also, the Director's salaries look quite high for a company of this size imo. Any opinions? Ah, and how / when did they acquire 10% of Ayima? Was that in lieu of payment for QTM?

Of build up imo - results are likely to be very bullish - near break even I would have expected which would mean the company will have been profitable in the last 6 months of 2016 - it will be interesting to see the % growth in revenues as well & I read they had recently hired a few peeps too! Seller is out now imo and Volume was quite simply amazing today, I look forward to more of the same next week.

3% is just over 11m shares. Our seller has definitely been selling over 5m since March and maybe more before then - I can count around 7m largish sells since March, so should be very close to a tr1 by now... and if it isn't a TR1 holder then I reckon they will be cleared in the coming days + results coming next week now apparently! Looking at a strong turn around here

If it is that, then we should easily see 6p+ here, maybe more...

Can easily see this tick up now on anticipation