raemar (LSE: BMS), after reporting strong trading with its delayed Finals to End Feb, the price improved to 334p. Its Revenue increased 21% to £101m with a spectacular 209% recovery in profits to £13.9m and the EPS of 27.95p gives a P/E of 12x with a 2.7% yield. BMS is the smallest of the few listed Shipbrokers, and it operates from 19 countries The new team is focusing on its core shipbroking and corporate finance business so have disposed of non-core activities, such as the Engineering Division and loss-making businesses have been cl...
