James Kidwell today backed Braemar Shipping Services to resolve two key issues that he feels are keeping investors on the sidelines.

Kidwell, chief executive of the London-listed group, identified the appointment of a new chairman and a clear future direction for its technical division as the hurdles to clear.

His comments come after a profit warning today that stemmed from the under-performance of the technical division and saw house broker Stockdale revise fiscal forecasts...