Brady – 101p

29 November 2012 – new contracts

Brady has secured three new license deals. It has signed two new contracts with an existing client, one of the world’s leading diversified commodity trading houses, to support its global cotton business, with deployment in the USA, Brazil and Singapore and its metals warehousing activities. In addition it is to provide an end-to-end coal trading solution to a company, based in Geneva, involved in the prourement of coal, primarily in Eastern Europe. We retain our FIRM HOLD recommendation although this is another positive announcement for the company.

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